Political Quotes

On the recordMarch 26, 1998
I would point to page 4 of the bill, lines 22 through 25, as addressing the violation or violations of Internal Revenue law or laws asserting the assessment or collection of any tax debt, revenue or receipt, and the provision of ERISA to which I was referring was the requirement that an employer alert the employee of the retirement benefits in the plan. That is something that I believe we want to encourage, and I am afraid a blanket exemption as contained in the bill, unlike the proportional language dealt with in the amendment, would be an overreach, would be too much of a correction in that respect.
Said by
Earl Pomeroy
North Dakota

Editor's note · Context

Discussing concerns about a bill related to Internal Revenue law and employee retirement benefits.

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