Sec. 1003. Extension of tier II railroad retirement benefits to surviving former 
spouses pursuant to divorce agreements. 
Sec. 1004. Requirement for additional survivor annuity option. 
TITLE XI—ADMINISTRATIVE PROVISIONS 
Sec. 1101. Employee plans compliance resolution system. 
Sec. 1102. Notice and consent period regarding distributions. 
Sec. 1103. Reporting simplification. 
Sec. 1104. Voluntary early retirement incentive and employment retention 
plans maintained by local educational agencies and other enti-
ties. 
Sec. 1105. No reduction in unemployment compensation as a result of pension 
rollovers. 
Sec. 1106. Revocation of election relating to treatment as multiemployer plan. 
Sec. 1107. Provisions relating to plan amendments. 
TITLE XII—PROVISIONS RELATING TO EXEMPT ORGANIZATIONS 
Subtitle A—Charitable Giving Incentives 
Sec. 1201. Tax-free distributions from individual retirement plans for chari-
table purposes. 
Sec. 1202. Extension of modification of charitable deduction for contributions 
of food inventory. 
Sec. 1203. Basis adjustment to stock of S corporation contributing property. 
Sec. 1204. Extension of modification of charitable deduction for contributions 
of book inventory. 
Sec. 1205. Modification of tax treatment of certain payments to controlling ex-
empt organizations. 
Sec. 1206. Encouragement of contributions of capital gain real property made 
for conservation purposes. 
Sec. 1207. Excise taxes exemption for blood collector organizations. 
Subtitle B—Reforming Exempt Organizations 
PART 1—GENERAL REFORMS 
Sec. 1211. Reporting on certain acquisitions of interests in insurance contracts 
in which certain exempt organizations hold an interest. 
Sec. 1212. Increase in penalty excise taxes relating to public charities, social 
welfare organizations, and private foundations. 
Sec. 1213. Reform of charitable contributions of certain easements in registered 
historic districts and reduced deduction for portion of qualified 
conservation contribution attributable to rehabilitation credit. 
Sec. 1214. Charitable contributions of taxidermy property. 
Sec. 1215. Recapture of tax benefit for charitable contributions of exempt use 
property not used for an exempt use. 
Sec. 1216. Limitation of deduction for charitable contributions of clothing and 
household items. 
Sec. 1217. Modification of recordkeeping requirements for certain charitable 
contributions. 
Sec. 1218. Contributions of fractional interests in tangible personal property. 
Sec. 1219. Provisions relating to substantial and gross overstatements of valu-
ations. 
Sec. 1220. Additional standards for credit counseling organizations.
Sec. 1221. Expansion of the base of tax on private foundation net investment 
income. 
Sec. 1222. Definition of convention or association of churches. 
Sec. 1223. Notification requirement for entities not currently required to file. 
Sec. 1224. Disclosure to State officials relating to exempt organizations. 
Sec. 1225. Public disclosure of information relating to unrelated business in-
come tax returns. 
Sec. 1226. Study on donor advised funds and supporting organizations. 
PART 2—IMPROVED ACCOUNTABILITY OF DONOR ADVISED FUNDS 
Sec. 1231. Excise taxes relating to donor advised funds. 
Sec. 1232. Excess benefit transactions involving donor advised funds and spon-
soring organizations. 
Sec. 1233. Excess business holdings of donor advised funds. 
Sec. 1234. Treatment of charitable contribution deductions to donor advised 
funds. 
Sec. 1235. Returns of, and applications for recognition by, sponsoring organiza-
tions. 
PART 3—IMPROVED ACCOUNTABILITY OF SUPPORTING ORGANIZATIONS 
Sec. 1241. Requirements for supporting organizations. 
Sec. 1242. Excess benefit transactions involving supporting organizations. 
Sec. 1243. Excess business holdings of supporting organizations. 
Sec. 1244. Treatment of amounts paid to supporting organizations by private 
foundations. 
Sec. 1245. Returns of supporting organizations. 
TITLE XIII—OTHER PROVISIONS 
Sec. 1301. Technical corrections relating to mine safety. 
Sec. 1302. Going-to-the-sun road. 
Sec. 1303. Exception to the local furnishing requirement of the tax-exempt 
bond rules. 
Sec. 1304. Qualified tuition programs. 
TITLE XIV—TARIFF PROVISIONS 
Sec. 1401. Short title; table of contents.
TITLE I—REFORM OF FUNDING 
RULES 
FOR 
SINGLE-EM-
PLOYER 
DEFINED 
BENEFIT 
PENSION PLANS 
Subtitle A—Amendments to Em-
ployee Retirement Income Secu-
rity Act of 1974
SEC. 101. MINIMUM FUNDING STANDARDS. 
(a) REPEAL OF EXISTING FUNDING RULES.—Sec-
tions 302 through 308 of the Employee Retirement In-
come Security Act of 1974 (29 U.S.C. 1082 through 
1086) are repealed. 
(b) NEW MINIMUM FUNDING STANDARDS.—Part 3 
of subtitle B of title I of such Act (as amended by sub-
section (a)) is amended by inserting after section 301 the 
following new section: 
‘‘SEC. 302. MINIMUM FUNDING STANDARDS. 
‘‘(a) REQUIREMENT TO MEET MINIMUM FUNDING 
STANDARD.—
‘‘(1) IN GENERAL.—A plan to which this part 
applies shall satisfy the minimum funding standard 
applicable to the plan for any plan year. 
‘‘(2) MINIMUM FUNDING STANDARD.—For pur-
poses of paragraph (1), a plan shall be treated as
satisfying the minimum funding standard for a plan 
year if—
‘‘(A) in the case of a defined benefit plan 
which is a single-employer plan, the employer 
makes contributions to or under the plan for 
the plan year which, in the aggregate, are not 
less than the minimum required contribution 
determined under section 303 for the plan for 
the plan year, 
‘‘(B) in the case of a money purchase plan 
which is a single-employer plan, the employer 
makes contributions to or under the plan for 
the plan year which are required under the 
terms of the plan, and 
‘‘(C) in the case of a multiemployer plan, 
the employers make contributions to or under 
the plan for any plan year which, in the aggre-
gate, are sufficient to ensure that the plan does 
not have an accumulated funding deficiency 
under section 304 as of the end of the plan 
year. 
‘‘(b) LIABILITY FOR CONTRIBUTIONS.—
‘‘(1) IN GENERAL.—Except as provided in para-
graph (2), the amount of any contribution required 
by this section (including any required installments
under paragraphs (3) and (4) of section 303(j)) 
shall be paid by the employer responsible for making 
contributions to or under the plan. 
‘‘(2) JOINT
AND
SEVERAL
LIABILITY
WHERE 
EMPLOYER
MEMBER
OF
CONTROLLED
GROUP.—If 
the employer referred to in paragraph (1) is a mem-
ber of a controlled group, each member of such 
group shall be jointly and severally liable for pay-
ment of such contributions. 
‘‘(c) VARIANCE FROM MINIMUM FUNDING STAND-
ARDS.—
‘‘(1) WAIVER
IN
CASE
OF
BUSINESS
HARD-
SHIP.—
‘‘(A) IN GENERAL.—If—
‘‘(i) an employer is (or in the case of 
a multiemployer plan, 10 percent or more 
of the number of employers contributing to 
or under the plan is) unable to satisfy the 
minimum funding standard for a plan year 
without temporary substantial business 
hardship (substantial business hardship in 
the case of a multiemployer plan), and 
‘‘(ii) application of the standard would 
be adverse to the interests of plan partici-
pants in the aggregate,