Authorizes the balance to the credit of an employee who is a beneficiary of an exempt trust or annuity, under the Internal Revenue Code, to be paid out within one taxable year of the employee, on account of a termination of the employee benefit plan without inclusion in the gross income of such employee if such benefit payment is transferred to an individual retirement annuity, account, or bond within 60 days.
Makes technical and conforming amendments.
Referred to House Committee on Ways and Means.
Referred to House Committee on Ways and Means.
Introduced in House
Referred to House Committee on Ways and Means.
Reported to House from the Committee on Ways and Means with amendment, H. Rept. 94-1020.
Reported to House from the Committee on Ways and Means with amendment, H. Rept. 94-1020.
Measure called up by unanimous consent in House.
Measure considered in House.
Passed/agreed to in House: Measure passed House, amended.
Measure passed House, amended.
Measure called up by unanimous consent in Senate.
Measure considered in Senate.
Passed/agreed to in Senate: Measure passed Senate.
Measure passed Senate.
Measure enrolled in House.
Enacted as Public Law 94-267
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Measure enrolled in Senate.
Measure presented to President.
Measure presented to President.
Signed by President.
Signed by President.
Public law 94-267.
Public law 94-267.