Sec. 9708. Expansion of limitation on excessive employee remuneration
95 words·~1 min read·
/bill/117/hr/1319/enr/section-9708·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Paragraph
(3)of section 162(m) of the Internal Revenue Code of 1986 is amended— by redesignating subparagraph
(C)as subparagraph (D), by striking or at the end of subparagraph (B), by inserting after subparagraph
(B)the following new subparagraph: in the case of taxable years beginning after December 31, 2026, such employee is among the 5 highest compensated employees for the taxable year other than any individual described in subparagraph
(A)or (B), or , and by striking employee in subparagraph (D), as so redesignated, and inserting employee described in subparagraph
(A)or
(B).