00CS FOR HOUSE BILL NO. 449(STA)                                                                                        
01 "An Act relating to certain individual retirement accounts; and providing for an                                        
02 effective date."                                                                                                        
03 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA:                                                               
04    * Section 1.  AS 09.38.017(e)(3) is amended to read:                                                               
05   (3)  "retirement plan" means a retirement plan that is qualified under 26                                            
06 U.S.C. 401(a), 26 U.S.C. 403(a), 26 U.S.C. 403(b), 26 U.S.C. 408,  26 U.S.C. 408A,                                    
07 or 26 U.S.C. 409 (Internal Revenue Code).                                                                               
08    * Sec. 2.  APPLICABILITY.  In AS 09.38.017(e)(3), as amended by sec. 1 of this Act, the                            
09 reference to a retirement plan that qualifies under 26 U.S.C. 408A means a retirement plan                              
10 that is established under 26 U.S.C. 408A on or after January 1, 1998.                                                   
11    * Sec. 3.  This Act takes effect immediately under AS 01.10.070(c).