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SENATE MOVES 30-YEAR BOND FIX
January 29, 2004
The Senate passed a bill yesterday to make technical repairs to defined benefit plan laws required by the elimination of the 30-year Treasury Bond. The bill also waives make-up contributions for underfunded plans.
The bill still has to be reconciled with a House version passed last year. The BenefitsBlog has the scoop.
This bill is one of the few pieces of tax legislation with bright prospects for passage before the election.
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