,i  #aac? ,,congress  #a/ ,session  ,h4 
,r4 #ajji  ,,9 ,,! ,,h\se ,,(           
,,repres5tatives  ,m>* #f1 #bjac ,mr4   
,k+ ( ,new ,york 7= himself1 ,mr4       
,pascrell1 ,mr4 ,&rews1 ,mr4 ,bi%op (   
,new ,york1 ,mr4 ,brady ( ,p5nsylvania1 
,mr4 ,c\rtney1 ,mr4 ,fitzpatrick1 ,mr4  
,grimm1 ,mr4 ,hanna1 ,mr4 ,israel1 ,mr4 
,mi*aud1 ,mr4 ,ow5s1 & ,ms4 ,p+ree (    
,ma9e7 introduc$ ! foll[+ bill2 :i* 0   
ref]r$ to ! ,committee on ,ways &       
,means1 & 9 addition to ! ,committee on 
,education & ! ,work=ce1 = a p]iod to be
 subsequ5tly det]m9$ by ! ,speak]1 9 ea*
 case = consid]ation ( su* provisions z 
fall )9 ! jurisdiction ( ! committee    
conc]n$  ,a ,,bill  ,to am5d ! ,int]nal 
,rev5ue ,code ( #aihf to provide        
recruitm5t & ret5tion inc5tives =       
volunte] em]g5cy s]vice work]s4  #a4    
,%ort title ,?is ,act may be cit$ z !   
,volunte] ,em]g5cy ,s]vices ,recruitm5t 
& ,ret5tion ,act ( #bjac4  #b4 ,elective
 treatm5t ( l5g? ( s]vice aw>d programs 
z eligible def]r$ comp5sation plans  7a7

 ,9 g5]al ,subsection 7e7 ( section #deg
 ( ! ,int]nal ,rev5ue ,code ( #aihf is  
am5d$ by add+ at ! end ! foll[+ new     
p>agraph3  7#ai7 ,special rules         
applicable to l5g? ( s]vice aw>d plans  
7,a7 ,9 g5]al ,! t]m eligible def]r$    
comp5sation plan %all include1 at !     
election ( its sponsor1 any l5g? (      
s]vice aw>d plan4 ,any su* election %all
 be irrevocable4 ,9 ! case ( a l5g? (   
s]vice aw>d plan ^: sponsor has elect$  
to h su* plan treat$ z an eligible      
def]r$ comp5sation plan1 su* plan %all  
be adm9i/]$ 9 a mann] consi/5t ) !      
requirem5ts ( ?is section & su* sponsor 
%all be treat$ z an eligible employ]    
describ$ 9 p>agraph 7#a77;,a74  7,b7    
,l5g? ( s]vice aw>d plan ,= purposes (  
?is p>agraph--  7i7 ,9 g5]al ,! t]m l5g?
 ( s]vice aw>d plan means any plan pay+ 
solely l5g? ( s]vice aw>ds to bona fide 
volunte]s 7or _! b5efici>ies7 on acc\nt 
( qualifi$ s]vices p]=m$ by su*         
volunte]s4  7ii7 ,bona fide volunte] ,an
 individual %all be treat$ z a bona fide

 volunte] if ! only comp5sation receiv$ 
by su* individual = p]=m+ qualifi$      
s]vices is 9 ! =m (--  7,i7 reimbursem5t
 = 7or a reasonable all[ance =7         
reasonable exp5ses incurr$ 9 ! p]=mance 
( su* s]vices1 or  7,,ii7 reasonable    
b5efits 7includ+ l5g? ( s]vice aw>ds71 &
 fees = su* s]vices1 cu/om>ily paid by  
eligible employ]s 9 connection ) !      
p]=mance ( su* s]vices by volunte]s4    
7iii7 ,qualifi$ s]vices ,! t]m qualifi$ 
s]vices means fire fight+ & prev5tion   
s]vices1 em]g5cy m$ical s]vices1        
ambulance s]vices1 & em]g5cy rescue     
s]vices4  7,c7 ,maximum def]ral am\nt ,9
 ! case ( a l5g? ( s]vice aw>d plan ^:  
sponsor has elect$ to h su* plan treat$ 
z an eligible def]r$ comp5sation plan1  
subsection 7b77#b7 %all be appli$ by    
/rik+ ! less] (-- & all t foll[s &      
ins]t+ ! applicable doll> am\nt14  7,d7 
,di/ribution requirem5ts ,9 ! case ( a  
l5g? ( s]vice aw>d plan ^: sponsor has  
elect$ to h su* plan treat$ z an        
eligible def]r$ comp5sation plan1       

subsection 7d77#a77;,a77ii7 %all be     
appli$ by deem+ a sev]ance f employm5t  
to h occurr$ at ! lat] (--  7i7 ! paym5t
 date "u ! t]ms ( ! plan1 or  7ii7 !    
date on :i* ! plan p>ticipant ceases to 
p]=m qualifi$ s]vices4  7,e7 ,limitation
 on accruals  7i7 ,9 g5]al ,9 ! case ( a
 l5g? ( s]vice aw>d plan t is a def9$   
b5efit plan 7z def9$ 9 section #dad7;j77
 ^: sponsor has n elect$ to h su* plan  
treat$ z an eligible def]r$ comp5sation 
plan1 su* plan %all be treat$ z n       
provid+ = ! def]ral ( comp5sation if !  
aggregate am\nt ( l5g? ( s]vice aw>ds   
accru+ ) respect to any ye> ( s]vice =  
any bona fide volunte] does n exce$     
#e1ejj4 ,9 ! case ( a l5g? ( s]vice aw>d
 plan describ$ 9 ! prec$+ s5t5ce t is a 
def9$ b5efit plan 7z def9$ 9 section    
#dad7;j771 ! limitation on ! annual     
def]ral %all apply to ! actu>ial pres5t 
value ( ! aggregate am\nt ( l5g? (      
s]vice aw>ds accru+ ) respect to any ye>
 ( s]vice4 ,su* actu>ial pres5t value   
%all be calculat$ us+ reasonable        

actu>ial assumptions & me?ods assum+    
paym5t %all be made "u ! mo/ valuable =m
 ( paym5t ( ! l5g? ( s]vice aw>d "u !   
program ) paym5t comm5c+ at ! lat] ( !  
e>lie/ age at :i* unr$uc$ b5efits are   
payable "u ! program or ! p>ticipant's  
curr5t age4  7ii7 ,co/-(-liv+ adju/m5t  
,9 ! case ( taxable ye>s beg9n+ aft]    
,decemb] #ca1 #bjab1 ! ,secret>y %all   
adju/ ! #e1ejj am\nt "u clause 7i7 at ! 
same "t & 9 ! same mann] z "u section   
#dae7;d71 except t ! base p]iod %all be 
! cal5d> qu>t] beg9n+ ,july #a1 #bjaa1 &
 any increase "u ?is p>agraph t is n a  
multiple ( #ejj %all be r\nd$ to ! next 
l[e/ multiple ( #ejj4  4  7b7 ,con=m+   
am5dm5ts  7#a7 ,p>agraph 7#aa7 ( section
 #deg7;e7 ( su* ,code is am5d$ to read z
 foll[s3  7#aa7 ,c]ta9 plans exclud$    
,any bona fide vacation leave1 sick     
leave1 comp5satory "t1 sev]ance pay1    
disability pay1 or dea? b5efit plan %all
 be treat$ z n provid+ = ! def]ral (    
comp5sation4  4  7#b7 ,section          
#caba7;a77#e77;,i7 ( su* ,code is am5d$ 

by /rik+ section #deg7;e77#aa77;,a77ii7 
& ins]t+ section #deg7;e77#ai74  7c7    
,effective date ,! am5dm5ts made by ?is 
section %all apply to taxable ye>s      
beg9n+ aft] ,decemb] #ca1 #bjac4  #c4   
,exemption ( l5g? ( s]vice aw>d programs
 f ! ,employee ,retirem5t ,income       
,security ,act ( #aigd ,! ,secret>y (   
,labor %all issue guidance cl>ify+ t a  
l5g? ( s]vice aw>d program describ$ 9   
section #deg7;e77#ai7 ( ! ,int]nal      
,rev5ue ,code ( #aihf is n an employee  
p5sion b5efit plan "u section #c7b7 ( ! 
,employee ,retirem5t ,income ,security  
,act ( #aigd 7#bi ,u4,s4,c4 #ajjb7b774