,i  #aag? ,,congress  #a/ ,session  ,h4 
,r4 #bidc  ,,9 ,,! ,,h\se ,,(           
,,repres5tatives  ,april #cj1 #bjba,mr4 
,s*weik]t introduc$ ! foll[+ bill2 :i* 0
 ref]r$ to ! ,committee on ,ways &      
,means  ,a ,,bill  ,to am5d ! ,int]nal  
,rev5ue ,code ( #aihf to all[           
retroactive elective def]rals = own]s ( 
un9corporat$ bus9esses 9 ! case ( a plan
 adopt$ aft] ! close ( ! taxable ye> &  
be=e ! "t = fil+ ! return ( tax4  #a4   
,retroactive fir/ ye> elective def]rals 
= sole proprietors  7a7 ,9 g5]al        
,section #dja7;b7 ( ! ,int]nal ,rev5ue  
,code ( #aihf is am5d$ by add+ at ! end 
! foll[+3 ,9 ! case ( an individual :o  
owns ! entire int]e/ 9 an un9corporat$  
trade or bus9ess1 & :o is ! only        
employee ( su* trade or bus9ess1 any    
elective def]ral 7z def9$ 9 section     
#djb7;g77#c77 "u a plan to :i* ! prec$+ 
s5t5ce applies :i* is made by su*       
individual be=e ! "t = fil+ ! return (  
su* individual = ! taxable ye> 7det]m9$ 
)\t reg>d to any ext5sions7 %all be     

treat$ z hav+ be5 made be=e ! end ( !   
plan's fir/ plan ye>44  7b7 ,effective  
date ,! am5dm5t made by ?is section %all
 apply to plan ye>s beg9n+ aft] ,decemb]
 #ca1 #bjba4