Technical Corrections Bill Passed

[JAY21]

So I see on benefitslink Congress passed a technical correction bill that among other things covers PPA 06 corrections. Assuming this bill gets signed (no reason to think it won't that I know of) does this then give the IRS the authority/clearance to issue some rules and relief for EOY vals for AFTAP purposes ?

[david rigby]

It appears not. Technical corrections bill has nothing to do with funding issues.

Summary of the bill is here: http://hr.cch.com/news/pension/010808a.asp

You can read the actual text at http://thomas.loc.gov

[JAY21]

Thanks for the sites. I agree, I don't see anything of particular interest in the brief corrections included in the bill re: PPA 06 (H.R. 4839; version passed by both House and Senate). Are we expecting another technical corrections bill that might cover PPA 06 or was this it ? I thought a thread discussed the IRS said their hands were tied on any EOY Val AFTAP relief until a technical correction bill went through, hoped this was it, apparently not.