S.Amdt. 4556Senate111th Congress (2009-2011)2nd degree
S.Amdt. 4556
Sponsored by
Sen. John D. Rockefeller IV (D-WV)
Submitted July 28, 2010
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Senate amendment submitted
July 28, 2010
Text
Submitted
SA 4556. Mr. ROCKEFELLER (for himself and Mr. Goodwin) submitted an amendment intended to be proposed to amendment SA 4519 proposed by Mr. Reid (for himself, Mr. Baucus, and Ms. Landrieu) to the bill H.R. 5297, to create the Small Business Lending Fund Program to direct the Secretary of the Treasury to make capital investments in eligible institutions in order to increase the availability of credit for small businesses, to amend the Internal Revenue Code of 1986 to provide tax incentives for small business job creation, and for other purposes; which was ordered to lie on the table; as follows: On page 284, between lines 9 and 10, insert the following: PART IV--COAL ACCOUNTABILITY AND RETIRED EMPLOYEES SEC. 4271. AMENDMENT OF SURFACE MINING CONTROL AND RECLAMATION ACT OF 1977. Section 402(i)(2) of the Surface Mining Control and Reclamation Act of 1977 (30 U.S.C. 1232(i)(2)) is amended-- (1) by striking ``Subject to'' and inserting the following: ``(A) In general.--Subject to''; and (2) by adding at the end the following: ``(B) Excess amounts.-- ``(i) In general.--Subject to paragraph (3), and after all transfers referred to in paragraph (1) and subparagraph (A) of this paragraph have been made, any amounts remaining after the application of paragraph (3)(A) (without regard to this subparagraph) shall be transferred to the trustees of the 1974 UMWA Pension Plan and used solely to pay pension benefits required under such plan. ``(ii) 1974 umwa pension plan.--In this subparagraph, the term `1974 UMWA Pension Plan' means a pension plan referred to in section 9701(a)(3) of the Internal Revenue Code of 1986 but without regard to whether participation in such plan is limited to individuals who retired in 1976 and thereafter.''. ______