To amend the Internal Revenue Code of 1986 to exempt individual account plans from certain prohibited transaction rules.
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Summary
Based on the bill's title, this legislation would amend the Internal Revenue Code to exempt individual account plans from certain prohibited transaction rules. The bill has been referred to the House Committee on Ways and Means but the full text is not available. Without access to the specific provisions, the scope and impact of the exemptions cannot be determined.
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How your representatives voted
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