I

103D CONGRESS

1ST SESSION H. R. 3211

To amend the Internal Revenue Code of 1986 to provide for a temporary

delay in the requirement to pay certain premiums under the Coal Industry Retiree Health Benefit Act of 1992.

IN THE HOUSE OF REPRESENTATIVES

OCTOBER 5, 1993

Mr. PICKLE (for himself, Mr. ARCHER, Mr. PAYNE of Virginia, Mr. ANDREWS

of Texas, Mr. HOUGHTON, Mr. MCCRERY, Mrs. JOHNSON of Connecticut,

and Mr. JEFFERSON) introduced the following bill; which was referred

jointly to the Committees on Ways and Means and Education and Labor

A BILL

To amend the Internal Revenue Code of 1986 to provide

for a temporary delay in the requirement to pay certain

premiums under the Coal Industry Retiree Health Benefit Act of 1992.

1 Be it enacted by the Senate and House of Representa2 tives of the United States of America in Congress assembled,

3 SECTION 1. TEMPORARY DELAY IN CERTAIN PREMIUMS.

4 (a) GENERAL RULE.—Paragraph (1) of section

5 9704(g) of the Internal Revenue Code of 1986 (relating

6 to payment of premiums) is amended by striking the last

7 sentence and inserting the following: ‘‘Notwithstanding
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1 subsection (a), no premium shall be required under such

2 subsection for the plan year beginning February 1, 1993,

3 nor for the plan year beginning October 1, 1993, but the

4 amount of the annual premiums which, but for this sen5 tence, would have been required for such plan years shall

6 be added to the premium for the plan year beginning Octo7 ber 1, 1994.’’.

8 (b) SPECIAL RULES FOR DEFERRAL PERIOD.—

9 (1) IN GENERAL.—Subparagraph (A) of section

10 9704(i)(1) of such Code is amended—

11 (A) by adding at the end thereof the fol12 lowing new sentence: ‘‘During the plan year of

13 the Combined Fund beginning October 1, 1993,

14 the 1988 agreement operators shall make con15 tributions to the Combined Fund in amounts

16 necessary to pay benefits and administrative

17 costs of the Combined Fund incurred during

18 such year, reduced by the amount transferred

19 to the Combined Fund under section 9705(a)

20 on October 1, 1993, and the amount trans21 ferred to such Fund pursuant to the last sen22 tence of section 9705(a)(1).’’, and

23 (B) by amending the subparagraph head24 ing to read as follows:

25 ‘‘(A) INITIAL PERIOD COSTS.—’’.
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1 (2) SPECIAL RULE.—Clause (i) of section

2 9704(i)(1)(D) of such Code is amended to read as

3 follows:

4 ‘‘(i) INITIAL PERIOD PAYMENTS.—In

5 the case of a 1988 agreement operator

6 making contributions under subparagraph

7 (A), the premium of such operator under

8 subsection (a) shall be reduced by the

9 amount paid under subparagraph (A) by

10 such operator. If such 1988 agreement op11 erator is not assessed an annual premium

12 under subsection (a), then the amount paid

13 by such operator under subparagraph (A)

14 for the plan year beginning October 1,

15 1993, shall be transferred on October 1,

16 1994, to the United Mine Workers of

17 America 1992 Benefit Plan and credited

18 against such operator’s future liabilities to

19 such 1992 Benefit Plan.’’.

20 (c) EARLIER TRANSFER OF ASSETS.—Paragraph (1)

21 of section 9705(a) of such Code is amended—

22 (1) by striking ‘‘$70,000,000’’ in subparagraph

23 (C) and inserting ‘‘$20,000,000’’, and

24 (2) by adding at the end thereof the following

25 new sentence:
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1 ‘‘As soon as practicable after the date of the enact2 ment of this sentence, such board of trustees shall

3 transfer $50,000,000 from the funds so reserved to

4 the Combined Fund.’’.

5 (d) EFFECTIVE DATE.—The amendments made by

6 this section shall take effect on October 1, 1993.

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