clause (vi), otherwise terminate under 
clause (i) or (ii)) a TAA-eligible individual 
(as defined in section 605(b)(4)(B)) and 
who (as of such qualifying event) has at-
tained age 55 or has completed 10 or more 
years of service with the employer, clauses 
(i) and (ii) shall not apply.’’. 
(b) IRC AMENDMENTS.—Clause (i) of section 
4980B(f)(2)(B) of the Internal Revenue Code of 1986 is 
amended— 
(1) by striking ‘‘In the case of a qualified bene-
ficiary’’ and inserting the following: 
‘‘(VI) SPECIAL
RULE
FOR
DIS-
ABILITY.—In the case of a qualified 
beneficiary’’, and 
(2) by redesignating subclauses (V) and (VI), 
as amended by paragraph (1), as subclauses (VIII) 
and (IX) and by inserting after clause (IV) the fol-
lowing new subclauses: 
‘‘(V) SPECIAL
RULE
FOR
PBGC 
RECIPIENTS.—In the case of a quali-
fying event described in paragraph 
(3)(B) with respect to a covered em-
ployee who (as of such qualifying 
event) has a nonforfeitable right to a 
VerDate Aug 31 2005 
20:29 Nov 17, 2007
Jkt 069200
PO 00000
Frm 00004
Fmt 6652
Sfmt 6201
E:\BILLS\H4222.IH
H4222
rwilkins on PROD1PC63 with BILLS
benefit any portion of which is to be 
paid by the Pension Benefit Guaranty 
Corporation under title IV of the Em-
ployee Retirement Income Security 
Act of 1974, notwithstanding sub-
clause (I) or (II), the date of the 
death of the covered employee, or in 
the case of the surviving spouse or de-
pendent children of the covered em-
ployee, 36 months after the date of 
the death of the covered employee. 
‘‘(VI) SPECIAL RULE FOR TAA- 
ELIGIBLE INDIVIDUALS.—In the case 
of a qualifying event described in 
paragraph (3)(B) with respect to a 
covered employee who is (as of the 
date that the period of coverage 
would, but for this subclause or sub-
clause 
(VII), 
otherwise 
terminate 
under subclause (I) or (II)) a TAA-el-
igible individual (as defined in para-
graph (5)(C)(iv)(II)), the period of 
coverage shall not terminate by reason 
of subclause (I) or (II), as the case 
may be, before the later of the date 
VerDate Aug 31 2005 
20:29 Nov 17, 2007
Jkt 069200
PO 00000
Frm 00005
Fmt 6652
Sfmt 6201
E:\BILLS\H4222.IH
H4222
rwilkins on PROD1PC63 with BILLS
specified in such subclause or the date 
on which such individual ceases to be 
such a TAA-eligible individual. 
‘‘(VII) SPECIAL RULE FOR CER-
TAIN TAA-ELIGIBLE INDIVIDUALS.—In 
the case of a qualifying event de-
scribed in paragraph (3)(B) with re-
spect to a covered employee who is (as 
of the date that the period of coverage 
would, but for this subclause or sub-
clause (VI), otherwise terminate under 
subclause (I) or (II)) a TAA-eligible 
individual (as defined in paragraph 
(5)(C)(iv)(II)) and who (as of such 
qualifying event) has attained age 55 
or has completed 10 or more years of 
service with the employer, subclauses 
(I) and (II) shall not apply.’’. 
(c) PHSA AMENDMENTS.—Section 2202(2)(A) of 
the Public Health Service Act (42 U.S.C. 300bb–2(2)(A)) 
is amended— 
(1) by striking ‘‘In the case of a qualified bene-
ficiary’’ and inserting the following: 
VerDate Aug 31 2005 
20:29 Nov 17, 2007
Jkt 069200
PO 00000
Frm 00006
Fmt 6652
Sfmt 6201
E:\BILLS\H4222.IH
H4222
rwilkins on PROD1PC63 with BILLS
‘‘(v) 
SPECIAL
RULE
FOR
DIS-
ABILITY.—In the case of a qualified bene-
ficiary’’; and 
(2) by redesignating clauses (iv) and (v), as 
amended by paragraph (1), as clauses (vi) and (vii) 
and by inserting after clause (iii) the following new 
clauses: 
‘‘(iv) SPECIAL RULE FOR TAA-ELIGI-
BLE INDIVIDUALS.—In the case of a quali-
fying event described in section 2203(2) 
with respect to a covered employee who is 
(as of the date that the period of coverage 
would, but for this clause or clause (v), 
otherwise terminate under clause (i) or 
(ii)) a TAA-eligible individual (as defined 
in section 2205(b)(4)(B)), the period of 
coverage shall not terminate by reason of 
clause (i) or (ii), as the case may be, be-
fore the later of the date specified in such 
clause or the date on which such individual 
ceases to be such a TAA-eligible individual. 
‘‘(v) SPECIAL
RULE
FOR
CERTAIN 
TAA-ELIGIBLE INDIVIDUALS.—In the case 
of a qualifying event described in section 
2203(2) with respect to a covered employee 
VerDate Aug 31 2005 
20:29 Nov 17, 2007
Jkt 069200
PO 00000
Frm 00007
Fmt 6652
Sfmt 6201
E:\BILLS\H4222.IH
H4222
rwilkins on PROD1PC63 with BILLS
who is (as of the date that the period of 
coverage would, but for this clause or 
clause (iv), otherwise terminate under 
clause (i) or (ii)) a TAA-eligible individual 
(as defined in section 2205(b)(4)(B)) and 
who (as of such qualifying event) has at-
tained age 55 or has completed 10 or more 
years of service with the employer, clauses 
(i) and (ii) shall not apply.’’. 
(d) EFFECTIVE DATE.—The amendments made by 
this section shall apply to periods of coverage which would 
(without regard to the amendments made by this section) 
end on or after January 1, 2008. 
Æ 
VerDate Aug 31 2005 
20:29 Nov 17, 2007
Jkt 069200
PO 00000
Frm 00008
Fmt 6652
Sfmt 6301
E:\BILLS\H4222.IH
H4222
rwilkins on PROD1PC63 with BILLS