An Act to amend the Internal Revenue Code of 1986 to make technical corrections to the pension funding provisions of the Preservation of Access to Care for Medicare Beneficiaries and Pension Relief Act of 2010.

Bill: 111-hr-4915
Sponsor: Rep. Oberstar, James L. [D-MN-8]
Introduced: 2010-03-23 in the House
Policy area: Transportation and Public Works
Subjects: Air quality
Aviation and airports
Child safety and welfare
Civil actions and liability
Department of Transportation
District of Columbia
Elementary and secondary education
Executive agency funding and structure
Foreign aid and international relief
Government trust funds
Infrastructure development
Land use and conservation
Marshall Islands
Maryland
Micronesia
Motor fuels
Oceania
Palau
Parks, recreation areas, trails
Pedestrians and bicycling
Railroads
Research and development
Roads and highways
Rural conditions and development
Sales and excise taxes
Terrorism
Transportation programs funding
Transportation safety and security
U.S. territories and protectorates
Urban and suburban affairs and development
User charges and fees
Virginia

Summary:
action_date: 2010-03-23
text: 
 Federal Aviation Administration Extension Act of 2010 - Amends the Internal Revenue Code to extend through July 3, 2010: (1) excise taxes on aviation fuels and air transportation of persons and property; and (2) the expenditure authority for the Airport and Airway Trust Fund.
 
Authorizes appropriations for the period beginning October 1, 2009, and ending on July 3, 2010, for airport improvement program (AIP) projects, including project grant authority. Sets forth a formula for calculating the apportionment of AIP funding.
 
Extends through July 3, 2010, various airport development projects, including: (1) the pilot program for passenger facility fees at nonhub airports; (2) small airport grants for airports located in the Marshall Islands, Micronesia, and Palau; (3) the temporary increase to 95% in the government share of certain AIP project costs; and (4) the funding of Midway Island airport development.
 
Extends through July 3, 2010, state and local land use compatibility projects under the AIP program.
 
Extends through July 3, 2010, the authority of the Metropolitan Washington Airports Authority to apply for an airport development grant and impose a passenger facility fee.
 
Extends through July 3, 2010, Department of Transportation (DOT) insurance coverage for domestic and foreign-flag air carriers. Allows further extension through September 30, 2010. 
 
Extends through FY2010, air carrier liability limits for injuries to passengers resulting from acts of terrorism.
 
Extends through July 3, 2010, certain competitive access assurance requirements for large or medium hub airport sponsors applying for AIP grants.
 
Extends for the period from October 1, 2009, through July 3, 2010, the authorization of appropriations for: (1) Federal Aviation Administration (FAA) operations; (2) air navigation facilities and equipment; and (3) research, engineering, and development.
 
Surface Transportation Extension Modification Act of 2010 - Amends the Surface Transportation Extension Act of 2010 to modify the extension of certain allocations of transportation program funds to states under the Act.
 
Revises such allocations for FY2010-FY2011 to direct funds to specific programs under the equity bonus program (except the high priority projects program), including: (1) the Interstate maintenance program; (2) the national highway system program; (3) the highway bridge program; (4) the surface transportation program; (5) the highway safety improvement program; (6) the congestion mitigation and air quality improvement program; (7) metropolitan planning program; (8) the equity bonus program; (9) the Appalachian development highway system program; (10) the recreational trails program; (11) the safe routes to school program; (12) the rail-highway grade crossing program; and (13) the coordinated border infrastructure program.
 
Requires the Secretary of Transportation to apportion authorized appropriations (out of the Highway Trust Fund, other than the Mass Transit Account) among all states for FY2010 and the period from October 1, 2010, through December 31, 2010, for the projects of national and regional significance program and the national corridor infrastructure improvement program so that each state's apportionment is equal to its FY2009 share of funds apportioned or allocated for such programs.

action_date: 2010-03-24
text: 

(This measure has not been amended since it was introduced. The summary has been expanded because action occurred on the measure.)

 
Federal Aviation Administration Extension Act of 2010 - (Sec. 2) Amends the Internal Revenue Code to extend through July 3, 2010: (1) excise taxes on aviation fuels and air transportation of persons and property; and (2) the expenditure authority for the Airport and Airway Trust Fund.
 
(Sec. 4) Authorizes appropriations for the period beginning October 1, 2009, and ending on July 3, 2010, for airport improvement program (AIP) projects, including project grant authority. Sets forth a formula for calculating the apportionment of AIP funding.
 
(Sec. 5) Extends through July 3, 2010, various airport development projects, including: (1) the pilot program for passenger facility fees at nonhub airports; (2) small airport grants for airports located in the Marshall Islands, Micronesia, and Palau; (3) the temporary increase to 95% in the government share of certain AIP project costs; and (4) the funding of Midway Island airport development.
 
Extends through July 3, 2010, state and local land use compatibility projects under the AIP program.
 
Extends through July 3, 2010, the authority of the Metropolitan Washington Airports Authority to apply for an airport development grant and impose a passenger facility fee.
 
Extends through July 3, 2010, Department of Transportation (DOT) insurance coverage for domestic and foreign-flag air carriers. Allows further extension through September 30, 2010. 
 
Extends through FY2010, air carrier liability limits for injuries to passengers resulting from acts of terrorism.
 
Extends through July 3, 2010, certain competitive access assurance requirements for large or medium hub airport sponsors applying for AIP grants.
 
(Sec. 6) Extends for the period from October 1, 2009, through July 3, 2010, the authorization of appropriations for: (1) Federal Aviation Administration (FAA) operations; (2) air navigation facilities and equipment; and (3) research, engineering, and development.
 
(Sec. 9) Surface Transportation Extension Modification Act of 2010 - Amends the Surface Transportation Extension Act of 2010 to modify the extension of certain allocations of transportation program funds to states under the Act.
 
Revises such allocations for FY2010-FY2011 to direct funds to specific programs under the equity bonus program (except the high priority projects program), including: (1) the Interstate maintenance program; (2) the national highway system program; (3) the highway bridge program; (4) the surface transportation program; (5) the highway safety improvement program; (6) the congestion mitigation and air quality improvement program; (7) metropolitan planning program; (8) the equity bonus program; (9) the Appalachian development highway system program; (10) the recreational trails program; (11) the safe routes to school program; (12) the rail-highway grade crossing program; and (13) the coordinated border infrastructure program.
 
Requires the Secretary of Transportation to apportion authorized appropriations (out of the Highway Trust Fund, other than the Mass Transit Account) among all states for FY2010 and the period from October 1, 2010, through December 31, 2010, for the projects of national and regional significance program and the national corridor infrastructure improvement program so that each state's apportionment is equal to its FY2009 share of funds apportioned or allocated for such programs.

action_date: 2010-12-18
text: 
(Sec. 1) Makes technical amendments to the Employee Retirement Income Security Act of 1974 (ERISA) and the Internal Revenue Code (IRC), as amended by the Preservation of Access to Care for Medicare Beneficiaries and Pension Relief Act of 2010 (PACMBPRA), regarding the election to apply specified requirements in an eligible plan year with respect to the shortfall amortization base in minimum funding standards for a single-employer defined benefit pension plan.
 
Treats a plan as eligible for such an election only if: (1) the plan sponsor is not a debtor in a case under bankruptcy law or similar federal or state law, (2) there are no unpaid minimum required contributions with respect to the plan for purposes of the excise tax when minimum required contributions are not paid when due, (3) there are no outstanding liens in favor of the plan for a person's failure to make required contributions, and (4) the plan sponsor has not initiated a distress termination of the plan.
 
(Sec. 2) Amends the Pension Protection Act of 2006 (PPA), as amended by PACMBPRA, with respect to the exemption from certain PPA requirements for and restrictions on the funding of multiple employer plans of eligible charities. Redefines an eligible charity plan as one maintained by one or more employers with employees accruing benefits based on service for the plan year, where: (1) such employees are employed in at least 20 states, (2) more than 98% of them are employed by a tax-exempt charitable organization whose primary exempt purpose is to provide services with respect to children, and (3) the plan sponsor elects to be treated as an eligible charity plan. Applies this redefinition to plan years beginning after December 31, 2010, but allows a plan sponsor to elect to apply it to earlier plan years.
 
(Sec. 3) Amends the Worker, Retiree, and Employer Recovery Act of 2008 to extend through plan years beginning during the period October 1, 2008-December 31, 2011, certain funding-based limits on benefit accruals for single-employer plans with severe funding shortfalls. Revises the adjusted funding target attainment percentage factor in such limits for that period.
 
Amends ERISA and the IRC with respect to the allowance of a one-time prohibited payment by a single-employer plan. Declares that, in the case of payments the annuity starting date for which occurs on or before December 31, 2011, payments under a Social Security leveling option shall be treated as not in excess of the monthly amount paid under a single life annuity (plus an amount not in excess of a Social Security supplement).
 
Permits a plan sponsor to elect to apply such treatment to payments whose annuity starting date occurs before January 1, 2011.
 
Repeals related existing requirements as if they had never been enacted.
 
(Sec. 4) Amends ERISA and the IRC, as amended by PACMBPRA, to revise the threshold date, under rules for special relief from minimum funding standards, for the period during which a solvent multiemployer plan may treat, as an item separate from other experience losses, to be amortized over 30 years, the portion of any experience loss or gain attributable to net investment losses incurred in either or both of certain plan years. Changes the identity of such plan years from the first two plan years ending after August 31, 2008, to the first two plan years ending after June 30, 2008.


Legislative actions:
action_date: 2010-12-20
text: Message on Senate action sent to the House.
action_date: 2010-12-18
text: Passed Senate with an amendment and an amendment to the Title by Unanimous Consent.
action_date: 2010-12-18
text: Passed/agreed to in Senate: Passed Senate with an amendment and an amendment to the Title by Unanimous Consent.
action_date: 2010-12-18
text: Measure laid before Senate by unanimous consent. (consideration: CR S10696)
action_date: 2010-12-18
text: Senate Committee on Finance discharged by Unanimous Consent.
action_date: 2010-12-18
text: Senate Committee on Finance discharged by Unanimous Consent.
action_date: 2010-03-26
text: Read twice and referred to the Committee on Finance.
action_date: 2010-03-24
text: Referred to the Subcommittee on Aviation.
action_date: 2010-03-24
text: Received in the Senate.
action_date: 2010-03-24
text: On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H2268-2269)
action_date: 2010-03-24
text: Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by voice vote.(text: CR H2268-2269)
action_date: 2010-03-24
text: DEBATE - The House proceeded with forty minutes of debate on H.R. 4915.
action_date: 2010-03-24
text: Considered under suspension of the rules. (consideration: CR H2268-2273)
action_date: 2010-03-24
text: Mr. Costello moved to suspend the rules and pass the bill.
action_date: 2010-03-23
text: Referred to House Ways and Means
action_date: 2010-03-23
text: Referred to the Committee on Transportation and Infrastructure, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
action_date: 2010-03-23
text: Referred to House Transportation and Infrastructure
action_date: 2010-03-23
text: Introduced in House
action_date: 2010-03-23
text: Introduced in House