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    <number>4884</number>
    <updateDate>2023-01-13T04:48:59Z</updateDate>
    <updateDateIncludingText>2023-01-13T04:48:59Z</updateDateIncludingText>
    <originChamber>House</originChamber>
    <originChamberCode>H</originChamberCode>
    <type>HR</type>
    <introducedDate>2006-03-07</introducedDate>
    <congress>109</congress>
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        <name>Ways and Means Committee</name>
        <chamber>House</chamber>
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            <name>Referred to</name>
            <date>2006-03-07T17:31:30Z</date>
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      <item>
        <actionDate>2006-03-07</actionDate>
        <text>Referred to the House Committee on Ways and Means.</text>
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        <actionCode>H11100</actionCode>
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            <name>Ways and Means Committee</name>
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        <text>Introduced in House</text>
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        <actionDate>2006-03-07</actionDate>
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    <sponsors>
      <item>
        <bioguideId>K000358</bioguideId>
        <fullName>Rep. Kennedy, Mark R. [R-MN-6]</fullName>
        <firstName>MARK</firstName>
        <lastName>KENNEDY</lastName>
        <party>R</party>
        <state>MN</state>
        <middleName>R.</middleName>
        <district>6</district>
        <isByRequest>N</isByRequest>
      </item>
    </sponsors>
    <policyArea>
      <name>Taxation</name>
    </policyArea>
    <subjects>
      <legislativeSubjects>
        <item>
          <name>Defined benefit pension plans</name>
        </item>
        <item>
          <name>Earnings</name>
        </item>
        <item>
          <name>Income tax</name>
        </item>
        <item>
          <name>Labor and Employment</name>
        </item>
        <item>
          <name>Tax-deferred compensation plans</name>
        </item>
      </legislativeSubjects>
      <policyArea>
        <name>Taxation</name>
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    <summaries>
      <summary>
        <versionCode>00</versionCode>
        <actionDate>2006-03-07</actionDate>
        <actionDesc>Introduced in House</actionDesc>
        <updateDate>2006-04-07T19:04:03Z</updateDate>
        <text><![CDATA[ <p>No Special Deals for Executives Act of 2006 - Amends the Internal Revenue Code to require any participant in a tax-exempt defined benefit plan which has a funding target attainment percentage of less than 80% to include in gross income the value of assets set aside to pay deferred compensation under a nonqualified deferred compensation plan of the employer maintaining the defined benefit plan. </p>]]></text>
      </summary>
    </summaries>
    <title>No Special Deals for Executives Act of 2006</title>
    <titles>
      <item>
        <titleType>Display Title</titleType>
        <title>No Special Deals for Executives Act of 2006</title>
      </item>
      <item>
        <titleType>Official Title as Introduced</titleType>
        <title>To amend the Internal Revenue Code of 1986 to include in gross income the value of assets set aside under an employer nonqualified deferred compensation plan when the employer defined benefit plan has a funding target attainment percentage of less than 80 percent.</title>
        <billTextVersionName>Introduced in House</billTextVersionName>
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      </item>
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        <titleType>Short Titles as Introduced</titleType>
        <title>No Special Deals for Executives Act of 2006</title>
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        <type>Introduced in House</type>
        <date>2006-03-07T05:00:00Z</date>
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            <url>https://www.govinfo.gov/content/pkg/BILLS-109hr4884ih/xml/BILLS-109hr4884ih.xml</url>
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    <latestAction>
      <actionDate>2006-03-07</actionDate>
      <text>Referred to the House Committee on Ways and Means.</text>
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    <dc:language>EN</dc:language>
    <dc:rights>Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.</dc:rights>
    <dc:contributor>Congressional Research Service, Library of Congress</dc:contributor>
    <dc:description>This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.</dc:description>
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