I
112th CONGRESS
1st Session
H. R. 1365
IN THE HOUSE OF REPRESENTATIVES
April 5, 2011
Mr. Rahall introduced the following bill; which was referred to the Committee on Natural Resources
A BILL
To amend the Surface Mining Control and Reclamation Act of 1977 to provide for use of excess funds available under that Act to provide for certain benefits, and for other purposes.
Short title
This Act may be cited as the
Coal Accountability and Retired
Employee Act of 2011
or the CARE Act
.
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—
by striking
Subject to
and inserting the following:
In general
Subject to
; and
by adding at the end the following new subparagraph:
Excess amounts
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.
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.
.