[Congressional Bills 103th Congress]
[From the U.S. Government Publishing Office]
[H.R. 1456 Introduced in House (IH)]

103d CONGRESS
  1st Session
                                H. R. 1456

 To amend the Internal Revenue Code of 1986 to provide that income of 
   spouses will not be aggregated for purposes of the limitations of 
              sections 401(a)(17) and 404(2) of such Code.


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                    IN THE HOUSE OF REPRESENTATIVES

                             March 24, 1993

 Mrs. Johnson of Connecticut introduced the following bill; which was 
              referred to the Committee on Ways and Means

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                                 A BILL


 
 To amend the Internal Revenue Code of 1986 to provide that income of 
   spouses will not be aggregated for purposes of the limitations of 
              sections 401(a)(17) and 404(2) of such Code.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled, That (a) Paragraph (17) 
of section 401(a) of the Internal Revenue Code of 1986 is amended by 
striking the last sentence and inserting the following: ``In 
determining the compensation of an employee, the rules of section 
414(q)(6) shall apply, except that in applying such rules, the term 
``family'' shall include only the lineal descendants of the employee 
who have not attained age nineteen before the close of the year.''.
    (b) Subsection (2) of section 404 of the Internal Revenue Code of 
1986 is amended by striking the last sentence and inserting the 
following: ``In determining the compensation of an employee, the rules 
of section 414(q)(6) shall apply, except that in applying such rules, 
the term `family' shall only include any lineal descendants of the 
employee who have not attained age nineteen before the close of the 
year.''.
    (c) The amendments made by this section shall apply to plan years 
beginning after the date of the enactment of this Act.

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