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Alternative minimum funding standards for certain community newspaper plans

Ways and Means Committee

The U.S. House Ways and Means Committee today ordered reported H.R. 6377—a bill that would permit a plan sponsor to elect to apply alternative minimum funding standards to single-employer community newspaper plans that meet certain requirements.

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H.R. 6377 [PDF 160 KB] would amend both the tax code and the Employee Retirement Income Security Act of 1974 (ERISA).  

Read a Joint Committee on Taxation (JCT) description of the bill and a JCT description of an amendment in the nature of a substitute 

What's next?

The approved bill will be reported to the House floor. The Senate has not yet scheduled action on the legislation.

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