Notes on 26 U.S.C. § 9701 : US Code - Notes

Search Notes on 26 U.S.C. § 9701 : US Code - Notes

(Added Pub. L. 102-486, title XIX, Sec. 19143(a), Oct. 24, 1992,
106 Stat. 3037.)
REFERENCES IN TEXT
Section 9713A, referred to in subsec. (a)(4), probably should be
a reference to section 9712 which provided for the establishment of
the United Mine Workers of America 1992 Benefit Plan, referred to
in that section as the "1992 UMWA Benefit Plan". No section 9713A
of this title has been enacted.
The date of the enactment of this chapter, referred to in subsec.
(d), is the date of the enactment of Pub. L. 102-486, which was
approved Oct. 24, 1992.
FINDINGS AND DECLARATION OF POLICY
Section 19142 of Pub. L. 102-486 provided that:
"(a) Findings. - The Congress finds that -
"(1) the production, transportation, and use of coal
substantially affects interstate and foreign commerce and the
national public interest; and
"(2) in order to secure the stability of interstate commerce,
it is necessary to modify the current private health care benefit
plan structure for retirees in the coal industry to identify
persons most responsible for plan liabilities in order to
stabilize plan funding and allow for the provision of health care
benefits to such retirees.
"(b) Statement of Policy. - It is the policy of this subtitle
[subtitle C (Secs. 19141-19143) of title XIX of Pub. L. 102-486,
enacting this subtitle, amending sections 1231 and 1232 of Title
30, Mineral Lands and Mining, and enacting provisions set out as a
note under section 1 of this title] -
"(1) to remedy problems with the provision and funding of
health care benefits with respect to the beneficiaries of
multiemployer benefit plans that provide health care benefits to
retirees in the coal industry;
"(2) to allow for sufficient operating assets for such plans;
and
"(3) to provide for the continuation of a privately financed
self-sufficient program for the delivery of health care benefits
to the beneficiaries of such plans."
(!1) See References in Text note below.