To amend title I of the Employee Retirement Income Security Act of 1974 and the Internal Revenue Code of 1986 to provide a reasonable correction period for certain security and commodity transactions under the prohibited transaction rules.
Last action on Oct 16, 2002Referred to the Committee on Education and the Workforce,...
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Summary
Amends the Employee Retirement Income Security Act of 1974 (ERISA) and the Internal Revenue Code to allow a correction period for certain security and commodity transactions under the prohibited transaction rules.
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