1545-BH72 202504 Unified Agenda of Federal Regulatory and Deregulatory Actions 1545 Internal Revenue Service IRS 1500 Department of the Treasury TREAS Deferred Compensation Plans of State and Local Governments and Tax-Exempt Entities

The proposed regulations would provide guidance relating to the definitions of a bona fide severance pay plan under section 457(e)(11) of the Internal Revenue Code and substantial risk of forfeiture under section 457(f)(1)(B). These regulations would affect sponsors, administrators, participants, and beneficiaries of nonqualified deferred compensation plans of State and local governments and tax-exempt entities.

]]> Substantive, Nonsignificant Previously Published in The Unified Agenda Proposed Rule Stage No No Other 26 CFR 1.457-1 to 1.457-12 26 U.S.C. 7805 26 U.S.C. 457 No NPRM and Notice of Public Hearing 06/22/2016 81 FR 40548 NPRM Comment Period End 09/20/2016 Second NPRM 05/00/2026 REG-147196-07 (NPRM) Drafter attorney: Ilya E. Enkishev (202) 317-5600 Reviewer attorney: Thomas Scholz (202) 317-5600 Treasury attorney: Boyd Brown (771) 201-0022 CC:EEE No Governmental Jurisdictions Organizations Local State No No No No Ilya Enkishev E. Attorney 1545 Internal Revenue Service IRS 202 317-4598 885 595-5263 ilya.e.enkishev@irscounsel.treas.gov 1111 Constitution Avenue NW., Room 5039, Washington DC 20224