(2) in the case of an eligible deferred compensa-
tion plan described in section 457(b) of such Code 
which is maintained by an eligible employer de-
scribed in section 457(e)(1)(A) of such Code, section 
457 of such Code. 
(d) PROVISIONS
RELATING
TO
PLAN
AMEND-
MENTS.— 
(1) IN GENERAL.—If this section applies to any 
plan or annuity contract, such plan or contract shall 
be treated as being operated in accordance with the 
terms of the plan during the period described in 
paragraph (2)(B)(i). 
(2) AMENDMENTS
TO
WHICH
SECTION
AP-
PLIES.— 
(A) IN GENERAL.—This section shall apply 
to any amendment to any plan or annuity con-
tract which is made— 
(i) pursuant to this section or pursu-
ant to any regulation issued by the Sec-
retary of the Treasury to carry out this 
section, and 
(ii) on or before the last day of the 
first plan year beginning on or after Janu-
ary 1, 2010. 
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PWALKER on PROD1PC71 with BILLS
(B) CONDITIONS.—This section shall not 
apply to any amendment unless— 
(i) during the period— 
(I) beginning on the first day of 
the suspension period, and 
(II) ending on the date described 
in subparagraph (A)(ii) (or, if earlier, 
the date the plan or contract amend-
ment is adopted), the plan or contract 
is operated as if such plan or contract 
amendment were in effect, and 
(ii) such plan or contract amendment 
applies retroactively for such period. 
(e) EFFECTIVE DATE.— 
(1) IN GENERAL.—This section shall take effect 
on the date of the enactment of this Act. 
(2) RECONTRIBUTION OF DISTRIBUTIONS BE-
FORE DATE OF ENACTMENT.— 
(A) IN GENERAL.—Any individual who re-
ceives a payment or distribution during the pe-
riod beginning on January 1, 2008, and ending 
on the date of the enactment of this Act from 
a plan to which subsection (a) or (c) of this sec-
tion applies may, before the end of the suspen-
sion period, make one or more contributions in 
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H7279
PWALKER on PROD1PC71 with BILLS
an aggregate amount not to exceed the amount 
of such payments or distributions to an eligible 
retirement plan of which such individual is a 
beneficiary and to which a rollover contribution 
of such distribution could be made under sec-
tion 402(c), 403(a)(4), 403(b)(8), 408(d)(3), or 
457(e)(16) of such Code, as the case may be. 
(B) TREATMENT OF REPAYMENTS OF DIS-
TRIBUTIONS
FROM
ELIGIBLE
RETIREMENT 
PLANS
OTHER
THAN
IRAS.—For purposes of 
the Internal Revenue Code of 1986, if a con-
tribution is made pursuant to subparagraph (A) 
to an eligible retirement plan other than an in-
dividual retirement plan, then the taxpayer 
shall, to the extent of the amount of the con-
tribution, be treated as having received such 
payments or distributions in an eligible rollover 
distribution (as defined in section 402(c)(4) of 
such Code) and as having transferred the 
amount to the eligible retirement plan in a di-
rect trustee to trustee transfer within 60 days 
of the distribution. 
(C) TREATMENT
OF
REPAYMENTS
FOR 
DISTRIBUTIONS FROM IRAS.—For purposes of 
the Internal Revenue Code of 1986, if a con-
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PWALKER on PROD1PC71 with BILLS
tribution is made pursuant to subparagraph (A) 
to an individual retirement plan (as defined by 
section 7701(a)(37) of such Code), then, to the 
extent of the amount of the contribution, such 
payments or distributions shall be treated as a 
distribution described in section 408(d)(3) of 
such Code and as having been transferred to 
the individual retirement plan in a direct trust-
ee to trustee transfer within 60 days of the dis-
tribution. 
Æ 
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