Sec. 1418. Clarification of special rule for certain governmental plans
110 words·~1 min read·
/bill/113/hr/1/ih/section-1418A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Section 105(j)(1) is amended— by striking the taxpayer and inserting an employee, spouse, dependent (as defined for purposes of subsection (b)), or child (as so defined) , and by striking deceased plan participant’s beneficiary and inserting deceased employee’s beneficiary who is not a surviving spouse, dependent (as so defined), or child (as so defined) . Section 105(j)(2) is amended— by inserting or established by or on behalf of a State or political subdivision thereof after public retirement system , and by inserting or 501(c)(9) after section 115 in subparagraph
(B)thereof. The amendments made by this section shall apply to payments after the date of the enactment of this Act.