BenefitPlanBlog.com
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Employee Benefit Plans, Retirement Programs, Welfare Benefit Plans, Executive Benefits, Employee Ownership Programs : Retirement Plan Blog
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Excerpted from the website:
- Technical Corrections to the Pension Protection Act of 2006. Another bite of the apple?
- On May 3, 2007, the House of Representative's Education and Labor Subcommittee on Health Employment, Labor, and Pension held a hearing to consider technical corrections to the Pension Protection Act of 2006 (PPA). Technical corrections are designed to fix mistakes and inconsistencies that were inadvertently included in original legislation. Subcommittee Chairman Rob Andrews (D-NJ) indicated that the hearing was to be the first of a series, and invited other groups and individuals to identify other technical corrections that Congress should make to the PPA. In the past, it hasn't been unusual for substantive tax changes to be included in technical corrections acts - particularly for those special interest groups that didn't get their legislative objectives accomplished the first time around. We'll see what happens here.
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