***Adopted***
AMENDMENT No. 1 PROPOSED TO
House Bill NO. 409
By Representative(s) Eads
AMEND by deleting Lines 34 through 46 in their entirety.
AMEND FURTHER by inserting the following language after Line
74:
(f) Assets held in, or monies payable to the participant or beneficiary from, whether vested or not, (i) a pension, profit-sharing, stock bonus or similar plan or contract established to provide retirement benefits for the participant or beneficiary and qualified under Section 401(a), 403(a), or 403(b) of the Internal Revenue Code (or corresponding provisions of any successor law), including a retirement plan for self-employed individuals qualified under one of such enumerated sections, (ii) an eligible deferred compensation plan described in Section 457(b) of the Internal Revenue Code (or corresponding provisions of any successor law) or (iii) an individual retirement account or an individual retirement annuity within the meaning of Section 408 of the Internal Revenue Code (or corresponding provisions of any successor law), including a simplified employee pension plan.
AMEND FURTHER on Line 75 by striking "(f)" and inserting in lieu thereof "(g)".
AMEND title to conform.