Sec. 9708. Cost of living adjustment freeze
403 words·~2 min read·
/bill/117/hr/1319/rh/section-9708A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Subsection
(d)of section 415 of the Internal Revenue Code of 1986 is amended by adding at the end the following new paragraph: Except as provided in subparagraph (B), in the case of calendar years beginning after December 31, 2030— no adjustment shall be made under paragraph (1), and the dollar amounts as adjusted under such paragraph for calendar year 2030 shall apply. Subparagraph
(A)shall not apply in the case of a plan maintained pursuant to 1 or more collective bargaining agreements. . Paragraph
(17)of section 401(a) of the Internal Revenue Code of 1986 is amended by adding at the end the following new subparagraph: Except as provided in clause (ii), in the case of calendar years beginning after December 31, 2030— no adjustment shall be made under subparagraph (B), and the dollar amount as adjusted under such subparagraph for calendar year 2030 shall apply. Clause
(i)shall not apply in the case of a plan maintained pursuant to 1 or more collective bargaining agreements. . Section 45A(c)(3) of the Internal Revenue Code of 1986 is amended by striking 415(d) and inserting 415(d) (without regard to paragraph
(5)thereof) . Section 402(g)(4) of such Code is amended by striking 415(d) and inserting 415(d) (without regard to paragraph
(5)thereof) . Section 404(l) of such Code is amended by striking 401(a)(17)(B) and inserting 401(a)(17)(B) (without regard to section 401(a)(17)(C)) . Section 408(k)(8) of such Code is amended— by striking 415(d) and inserting 415(d) (without regard to paragraph
(5)thereof) , and by striking 401(a)(17)(B) and inserting 401(a)(17)(B) (without regard to section 401(a)(17)(C)) . Section 408(p)(2)(E)(ii) of such Code is amended by striking 415(d) and inserting 415(d) (without regard to paragraph
(5)thereof) . Section 409(o)(2) of such Code is amended by striking 415(d) and inserting 415(d) (without regard to paragraph
(5)thereof) . Section 416(i)(1)(A) of such Code is amended by striking 415(d) and inserting 415(d) (without regard to paragraph
(5)thereof) . Section 457(e)(11)(B)(iii) of such Code is amended by striking 415(d) and inserting 415(d) (without regard to paragraph
(5)thereof) . Section 457(e)(15)(B) of such Code is amended by striking 415(d) and inserting 415(d) (without regard to paragraph
(5)thereof) . Section 505(b)(7) of such Code is amended by striking 401(a)(17)(B) and inserting 401(a)(17)(B) (without regard to section 401(a)(17)(C)) . Section 664(g)(7)(B) of such Code is amended by striking 415(d) and inserting 415(d) (without regard to paragraph
(5)thereof) .