CCH Tax News Headlines - December 12, 2008

CCH Tax News Headlines - December 12, 2008

Federal Headlines: -

12/12/2008 - House, Senate Approve Pension Technical CorrectionsBill 12/12/2008 - Negotiations Collapse; Senate Fails to Approve Auto Bailout 12/12/2008 - Extension of Interim Guidance Provided on Limitations on Estates or Trusts for Bundled Investment Management (Notice

2008-116) 12/12/2008 - IRS Adopts Final Regulations Deeming Certain Creditor Interests in Insolvent Corporations as Proprietary Interests for Purposes of Reorganization Rules (T.D. 9434) 12/12/2008 - Effective Date of Written Plan Requirement for Code Sec. 403(b) Plans Deferred to 2010 (IR-2008-140; Notice 2009-3) 12/12/2008 - Petition by Indirect Partner Group Valid; Later-Filed Petitions Dismissed (PCMG Trading Partners XX, TC)

State Headlines: 12/12/2008 - Alabama --Sales and Use Tax: Tax on Railway Diesel Fuel Did Not Violate 4-R Act 12/12/2008 - Illinois --Property Tax: Rejection of Hospital's Exemption Requests Will Be Reviewed

Missed a headline? Click here for last week's tax highlights. -