[Congressional Bills 107th Congress]
[From the U.S. Government Publishing Office]
[S. 2812 Introduced in Senate (IS)]







107th CONGRESS
  2d Session
                                S. 2812

To fully enforce guidance on single sum distributions from cash balance 
                     plans, and for other purposes.


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

                             July 29, 2002

  Mr. Harkin introduced the following bill; which was read twice and 
                  referred to the Committee on Finance

_______________________________________________________________________

                                 A BILL


 
To fully enforce guidance on single sum distributions from cash balance 
                     plans, and for other purposes.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. ENFORCEMENT OF GUIDANCE ON SINGLE SUM DISTRIBUTIONS FROM 
              CASH BALANCE PLANS.

    None of the funds appropriated by any Act may be used by the 
Internal Revenue Service for any activity that is in contravention of 
Internal Revenue Service Notice 96-8 issued on January 18, 1996, 
section 411(b)(1)(H)(i) or section 411(d)(6) of the Internal Revenue 
Code of 1986, section 204(b)(1)(G) or 204(b)(1)(H)(i) of the Employee 
Retirement Income Security Act of 1974, or section 4(i)(1)(A) of the 
Age Discrimination in Employment Act of 1967.
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