S.Amdt. 4556Senate111th Congress (2009-2011)2nd degree

S.Amdt. 4556

Submitted July 28, 2010

Legislative Activity

Stay on top of the latest movement without scrolling through every action

Floor Latest Action

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.''.
______