Internal Revenue Code:Sec. 9708. Effect on pending claims or obligations
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Contents |
Location in Internal Revenue Code
TITLE 26 - INTERNAL REVENUE CODE
Subtitle J - Coal Industry Health Benefits
CHAPTER 99 - COAL INDUSTRY HEALTH BENEFITS
Subchapter B - Combined Benefit Fund
PART IV - OTHER PROVISIONS
Statute
Sec. 9708. Effect on pending claims or obligations
All liability for contributions to the Combined Fund that arises
on and after February 1, 1993, shall be determined exclusively
under this chapter, including all liability for contributions to
the 1950 UMWA Benefit Plan and the 1974 UMWA Benefit Plan for coal
production on and after February 1, 1993. However, nothing in this
chapter is intended to have any effect on any claims or obligations
arising in connection with the 1950 UMWA Benefit Plan and the 1974
UMWA Benefit Plan as of February 1, 1993, including claims or
obligations based on the ''evergreen'' clause found in the language
of the 1950 UMWA Benefit Plan and the 1974 UMWA Benefit Plan. This
chapter shall not be construed to affect any rights of subrogation
of any 1988 agreement operator with respect to contributions due to
the 1950 UMWA Benefit Plan or the 1974 UMWA Benefit Plan as of
February 1, 1993.
Sources
(Added Pub. L. 102-486, title XIX, Sec. 19143(a), Oct. 24, 1992,
106 Stat. 3051.)
