Excerpt from a letter issued by ASPPA: '[T]here is a new, real threat to cross-tested plans. Congressman Lloyd Doggett (D-TX), who previously introduced a bill to repeal cross-testing, is working on a new proposal that would authorize Treasury and IRS to revise the regulations on matters such as the interest rate used for calculations and the ability to use different formulas for different groups of employees. We believe the net effect of this proposal would be to severely reduce the attractiveness of cross-tested plans. The House may act on this legislation as early as next week -- so you must act now!