[Congressional Bills 103th Congress]
[From the U.S. Government Publishing Office]
[H.R. 169 Introduced in House (IH)]

103d CONGRESS
  1st Session
                                H. R. 169

To amend the Internal Revenue Code of 1986 to restore the deduction for 
retirement savings for individuals who are active participants in other 
                           retirement plans.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                            January 5, 1993

  Mr. Duncan introduced the following bill; which was referred to the 
                      Committee on Ways and Means

_______________________________________________________________________

                                 A BILL


 
To amend the Internal Revenue Code of 1986 to restore the deduction for 
retirement savings for individuals who are active participants in other 
                           retirement plans.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled, That (a) section 219 of 
the Internal Revenue Code of 1986 (relating to retirement savings) is 
amended by striking subsection (g) and by redesignating subsection (h) 
as subsection (g).
    (b) Subsection (o) of section 408 of such Code is amended by adding 
at the end thereof the following new paragraph:
            ``(5) Termination.--This subsection shall not apply to any 
        contribution made for a taxable year beginning after December 
        31, 1990.''
    (c) The amendments made by this section shall apply to taxable 
years beginning after December 31, 1990.

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