In the case of a pay period beginning in fiscal year: | The maximum percentage allowable is: |
|---|---|
2001 | 6 |
2002 | 7 |
2003 | 8 |
2004 | 9 |
2005 | 10 |
2006 or thereafter | 100. |
Pub. L. 106–554, § 1(a)(4) [div. B, title I, § 138(a)(7)(A)]114 Stat. 2763Pub. L. 107–304, § 1(b)(2)116 Stat. 2363(Added , , , 2763A–234; amended , , .)
Editorial Notes
References in Text
section 414(v) of Title 26Section 414(v) of the Internal Revenue Code of 1986, referred to in subsec. (b), is classified to , Internal Revenue Code.
Amendments
Pub. L. 107–3042002— designated existing provisions as subsec. (a) and added subsec. (b).
Statutory Notes and Related Subsidiaries
Effective Date of 2002 Amendment
Pub. L. 107–304section 1(c) of Pub. L. 107–304section 8351 of this titleAmendment by effective as of the earliest practicable date determined by the Executive Director in regulations, see , set out as a note under .