,i  #aaf? ,,congress  #a/ ,session  ,h4 
,r4 #ije  ,,9 ,,! ,,h\se ,,(            
,,repres5tatives  ,janu>y #cj1 #bjai,mr4
 ,k+ ( ,new ,york 7= himself1 ,mr4      
,jones1 ,ms4 ,/efanik1 ,mr4 ,calv]t1    
,mr4 ,ryan1 ,mr4 ,david ,p4 ,roe (      
,t5nessee1 ,mr4 ,cole1 ,mr4 ,wilson (   
,s\? ,c>ol9a1 & ,mr4 ,hill ( ,arkansas7 
introduc$ ! foll[+ bill2 :i* 0 ref]r$ to
 ! ,committee on ,ways & ,means  ,a     
,,bill  ,to am5d ! ,int]nal ,rev5ue     
,code ( #aihf to all[ memb]s ( ! ,ready 
,res]ve ( a res]ve compon5t ( ! ,arm$   
,=ces to make elective def]rals on !    
basis ( _! s]vice to ! ,ready ,res]ve & 
on ! basis ( _! o!r employm5t4  #a4     
,%ort title ,?is ,act may be cit$ z !   
,s]vicememb] ,retirem5t ,improvem5t     
,act4  #b4 ,elective def]rals by memb]s 
( ! ,ready ,res]ve ( a res]ve compon5t (
 ! ,arm$ ,=ces  7a7 ,9 g5]al ,section   
#djb7;g7 ( ! ,int]nal ,rev5ue ,code (   
#aihf is am5d$ by add+ at ! end ! foll[+
 new p>agraph3  7#i7 ,elective def]rals 
by memb]s ( ,ready ,res]ve  7,a7 ,9     

g5]al ,9 ! case ( a qualifi$ ready      
res]vi/ 7o!r ?an a specifi$ ,f$]al      
employee ready res]vi/7 = any taxable   
ye>1 ! limitations ( subp>agraphs 7,a7 &
 7,c7 ( p>agraph 7#a7 %all be appli$    
sep>ately ) respect to-- 7i7 elective   
def]rals ( su* qualifi$ ready res]vi/ ) 
respect to ! ,?rift ,sav+s ,fund 7z     
def9$ 9 section #ggja7;j771 &  7ii7 any 
o!r elective def]rals ( su* qualifi$    
ready res]vi/4  7,b7 ,special rule =    
,f$]al employees 9 ! ,ready ,res]ve n   
eligible to make elective def]rals to a 
plan o!r ?an ! ,?rift ,sav+s ,plan ,9 ! 
case ( a specifi$ ,f$]al employee ready 
res]vi/ = any taxable ye>--  7i7 !      
applicable doll> am\nt 9 effect "u      
p>agraph 7#a77;,b7 = su* taxable ye>    
%all be twice su* am\nt 7z det]m9$ )\t  
reg>d to ?is subclause71 &  7ii7 =      
purposes ( p>agraph 7#a77;,c71 !        
applicable doll> am\nt "u section       
#dad7v77#b77;,b77i7 7z o!rwise det]m9$ =
 purposes ( p>agraph 7#a77;,c77 %all be 
twice su* am\nt 7z det]m9$ )\t reg>d to 

?is subclause74  7,c7 ,def9itions ,=    
purposes ( ?is p>agraph-- 7i7 ,qualifi$ 
ready res]vi/ ,! t]m qualifi$ ready     
res]vi/ means any individual = any      
taxable ye> if su* individual receiv$   
comp5sation = s]vice z a memb] ( !      
,ready ,res]ve ( a res]ve compon5t 7z   
def9$ 9 section #aja ( title #cg1 ,unit$
 ,/ates ,code7 dur+ su* taxable ye>4    
7ii7 ,specifi$ ,f$]al employee ready    
res]vi/ ,! t]m specifi$ ,f$]al employee 
ready res]vi/ means any individual = any
 taxable ye> if su* individual-- 7,i7 is
 a qualifi$ ready res]vi/ = su* taxable 
ye>1  7,,ii7 w\ld be eligible to make   
elective def]rals ) respect to ! ,?rift 
,sav+s ,fund 7z def9$ 9 section         
#ggja7;j77 dur+ su* taxable ye> det]m9$ 
)\t reg>d to ! s]vice ( su* individual  
describ$ 9 clause 7i71 &  7,,iii7 is n  
eligible to make elective def]rals )    
respect to any plan o!r ?an su* ,?rift  
,sav+s ,fund dur+ su* taxable ye>4  4   
7b7 ,effective date ,! am5dm5t made by  
?is section %all apply to taxable ye>s  

beg9n+ aft] ! date ( ! enactm5t ( ?is   
,act4