Home > 106th Congressional Bills > H.R. 5666 (ih) Making miscellaneous appropriations for the fiscal year ending September 30, 2001, and for other purposes. [Introduced in House] ...
H.R. 5666 (ih) Making miscellaneous appropriations for the fiscal year ending September 30, 2001, and for other purposes. [Introduced in House] ...
106th CONGRESS
2d Session
H. R. 5665
To amend title IV of the Employee Retirement Income Security Act of
1974 to adjust the monthly multiemployer plan benefit guaranteed
thereunder.
_______________________________________________________________________
IN THE HOUSE OF REPRESENTATIVES
December 14, 2000
Mr. Quinn introduced the following bill; which was referred to the
Committee on Education and the Workforce
_______________________________________________________________________
A BILL
To amend title IV of the Employee Retirement Income Security Act of
1974 to adjust the monthly multiemployer plan benefit guaranteed
thereunder.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1. MULTIEMPLOYER PLAN BENEFITS GUARANTEED.
(a) In General.--Section 4022A(c) of the Employee Retirement Income
Security Act of 1974 (29 U.S.C. 1322a(c)) is amended--
(1) by striking ``$5'' each place it appears in paragraph
(1) and inserting ``$11'';
(2) by striking ``$15'' in paragraph (1)(A)(i) and
inserting ``$33''; and
(3) by striking paragraphs (2), (5), and (6) and by
redesignating paragraphs (3) and (4) as paragraphs (2) and (3),
respectively.
(b) Effective Date.--The amendments made by this section shall
apply to any multiemployer plan that has not received financial
assistance (within the meaning of section 4261 of the Employee
Retirement Income Security Act of 1974) within the 1-year period ending
on the date of the enactment of this Act.
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