[Congressional Bills 110th Congress]
[From the U.S. Government Publishing Office]
[S. 1129 Introduced in Senate (IS)]







110th CONGRESS
  1st Session
                                S. 1129

To amend the Internal Revenue Code of 1986 to modify the definition of 
      governmental plan with respect to Indian tribal governments.


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                   IN THE SENATE OF THE UNITED STATES

                             April 17, 2007

Mr. Smith (for himself and Mr. Bingaman) introduced the following bill; 
     which was read twice and referred to the Committee on Finance

_______________________________________________________________________

                                 A BILL


 
To amend the Internal Revenue Code of 1986 to modify the definition of 
      governmental plan with respect to Indian tribal governments.

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

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``The Tribal Government Equality Act 
of 2007''.

SEC. 2. TREATMENT OF CERTAIN PENSION PLANS OF INDIAN TRIBAL 
              GOVERNMENTS.

    (a) In General.--The last sentence of section 414(d) of the 
Internal Revenue Code of 1986 (definition of governmental plan) is 
amended to read as follows: ``The term `governmental plan' includes a 
plan established or maintained for its employees by an Indian tribal 
government (as defined in section 7701(a)(40)), a subdivision of an 
Indian tribal government (determined in accordance with section 
7871(d)), an agency instrumentality (or subdivision) of an Indian 
tribal government, or an entity established under Federal, State, or 
tribal law which is wholly owned or controlled by any of the 
foregoing.''.
    (b) Effective Date.--The amendments made by this section shall take 
effect as if included in section 906 of the Pension Protection Act of 
2006.
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