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S. 1855

A bill to make section 457 (e) (1) of the Internal Revenue Code of 1954 inapplicable to certain State judicial plans.

Amends the Internal Revenue Code to exempt compensation received under certain State retirement plans for the exclusive benefit of elected judges or their beneficiaries from the tax treatment of compensation received under ineligible State deferred compensation plans.

Committee on Finance requested executive comment from OMB; Treasury Department.

Sen. Bentsen, Lloyd M. [D-TX](D-TX)Sponsor
1 cosponsor1 R
1cosponsors2committees5actions11subjects
  1. Committee

    Committee on Finance requested executive comment from OMB; Treasury Department.

    Finance Committee
  2. IntroReferral

    Rereferred to Senate Committee on Finance. By unanimous consent.

    Finance Committee
  3. Committee

    Referred to Subcommittee on Courts.

    Human Rights and the Law Subcommittee
  4. IntroReferral

    Read second time and referred to Senate Committee on Judiciary.

    Judiciary Committee
  5. IntroReferral10000

    Introduced in Senate