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HR 5140 97th Congress House Labor and Employment Employee benefit plans Income tax Retirement income

A bill to amend the Internal Revenue Code of 1954 to require that a retired employee be permitted to retain his investment in his employer's retirement plan by allowing the employee to delay the…

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A bill to amend the Internal Revenue Code of 1954 to require that a retired employee be permitted to retain his investment in his employer's retirement plan by allowing the employee to delay the commencement of his benefit payments under the plan and to provide capital gain treatment for earnings attributable to voluntary employee contributions under such plans.

Introduced: December 8, 1981 Introduced by: Wyden, Ron Democratic · Oregon See on congress.gov
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This bill died when the 97th Congress ended
It never became law before the 97th Congress (1981–1982) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Dec 8, 1981
Referred to House Committee on Ways and Means.
Dec 8, 1981
Introduced in House
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 Plain-English summary Congressional Research Service

Amends the Internal Revenue Code and the Employee Retirement Security Act of 1974 (ERISA) to require that an employee be allowed to elect to delay the commencement of benefits under an employer retirement plan. Provides capital gain treatment for earnings attributable to voluntary employee contributions under such a plan.

What's happening now December 8, 1981

Referred to House Committee on Ways and Means.

 Committees of jurisdiction 1
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APA
U.S. Congress. (2026). H.R. 5140: A bill to amend the Internal Revenue Code of 1954 to require that a retired employee be permitted to retain his investment in his employer's retirement plan by allowing the employee to delay the commencement of his benefit payments under the plan and to provide capital gain treatment for earnings attributable to voluntary employee contributions under such plans.. 97th Congress. Open America. https://openamerica.io/bill/97-HR-5140/
MLA
"H.R. 5140: A bill to amend the Internal Revenue Code of 1954 to require that a retired employee be permitted to retain his investment in his employer's retirement plan by allowing the employee to delay the commencement of his benefit payments under the plan and to provide capital gain treatment for earnings attributable to voluntary employee contributions under such plans.." 97th Congress, 2026, Open America, https://openamerica.io/bill/97-HR-5140/.
Bluebook (legal)
H.R. 5140, 97th Cong. (2026), https://openamerica.io/bill/97-HR-5140/.
Markdown link
[H.R. 5140: A bill to amend the Internal Revenue Code of 1954 to require that a retired employee be permitted to retain his investment in his employer's retirement plan by allowing the employee to delay the commencement of his benefit payments under the plan and to provide capital gain treatment for earnings attributable to voluntary employee contributions under such plans.](https://openamerica.io/bill/97-HR-5140/)
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