[Congressional Bills 103th Congress]
[From the U.S. Government Publishing Office]
[H.R. 481 Introduced in House (IH)]

103d CONGRESS
  1st Session
                                H. R. 481

To amend the Internal Revenue Code of 1986 and the Employee Retirement 
 Income Security Act of 1974 to modify the full-funding limitation in 
                    the case of multiemployer plans.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                            January 6, 1993

Mr. Stark 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 and the Employee Retirement 
 Income Security Act of 1974 to modify the full-funding limitation in 
                    the case of multiemployer plans.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled, That (a) paragraph (7) 
of section 412(c) of the Internal Revenue Code of 1986 (relating to 
full-funding limitation) is amended by adding at the end thereof the 
following new subparagraph:
                            ``(E) Special rule for multiemployer 
                        plans.--Subparagraph (A)(i)(I) shall not apply 
                        to a multiemployer plan.''
    (b) Paragraph (7) of section 302(c) of the Employee Retirement 
Income Security Act of 1974 is amended by adding at the end thereof the 
following new subparagraph:
                            ``(E) Special rule for multiemployer 
                        plans.--Subparagraph (A)(i)(I) shall not apply 
                        to a multiemployer plan.''
    (c) The amendments made by this section shall apply to years 
beginning after the date of the enactment of this Act.

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