,i  #aae? ,,congress  #a/ ,session  ,h4 
,r4 #ciac  ,,9 ,,! ,,h\se ,,(           
,,repres5tatives  ,octob] #c1 #bjag,mr4 
,mc,kinley 7= himself1 ,mr4 ,wel*1 ,mr4 
,brady ( ,p5nsylvania1 ,mr4 ,pocan1 ,mr4
 ,?ompson ( ,mississippi1 ,ms4 ,kaptur1 
,mr4 ,ryan ( ,ohio1 ,mr4 ,y>mu?1 ,mr4   
,mi*ael ,f4 ,doyle ( ,p5nsylvania1 ,mr4 
,scott ( ,virg9ia1 ,mr4 ,norcross1 ,mr4 
,mooney ( ,we/ ,virg9ia1 ,mr4 ,j5k9s (  
,we/ ,virg9ia1 ,mr4 ,johnson ( ,ohio1 & 
,mrs4 ,bu/os7 introduc$ ! foll[+ bill2  
:i* 0 ref]r$ to ! ,committee on ,natural
 ,res\rces1 & 9 addition to ! ,committee
 on ,ways & ,means1 = a p]iod to be     
subsequ5tly det]m9$ by ! ,speak]1 9 ea* 
case = consid]ation ( su* provisions z  
fall )9 ! jurisdiction ( ! committee    
conc]n$  ,a ,,bill  ,to am5d ! ,surface 
,m9+ ,control & ,reclamation ,act (     
#aigg to transf] c]ta9 funds to ! #aigd 
,unit$ ,m9e ,work]s ( ,am]ica ,p5sion   
,plan1 & = o!r purposes4  #a4 ,%ort     
title ,?is ,act may be cit$ z ! ,am]ican
 ,m9]s ,p5sion ,act ( #bjag4  #b4       

,transf]s to #aigd ,,umwa ,p5sion ,plan 
7a7 ,9 g5]al ,subsection 7i7 ( section  
#djb ( ! ,surface ,m9+ ,control &       
,reclamation ,act ( #aigg 7#cj ,u4,s4,c4
 #abcb7 is am5d$--  7#a7 by r$esignat+  
p>agraph 7#d7 z p>agraph 7#e72 &  7#b7  
by ins]t+ aft] p>agraph 7#c7 ! foll[+3  
7#d7 ,additional am\nts  7,a7           
,calculation ,if ! doll> limitation     
specifi$ 9 p>agraph 7#c77;,a7 exce$s !  
aggregate am\nt requir$ to be transf]r$ 
"u p>agraphs 7#a7 & 7#b7 = a fiscal ye>1
 ! ,secret>y ( ! ,treasury %all transf] 
an additional am\nt equal to ! diff]5ce 
betwe5 su* doll> limitation & su*       
aggregate am\nt to ! tru/ees ( ! #aigd  
,,umwa ,p5sion ,plan to pay b5efits     
requir$ "u t plan4  7,b7 ,cessation (   
transf]s ,! transf]s describ$ 9         
subp>agraph 7,a7 %all cease z ( ! fir/  
fiscal ye> beg9n+ aft] ! fir/ plan ye> =
 :i* ! fund$ p]c5tage 7z def9$ 9 section
 #dcb7;i77#b7 ( ! ,int]nal ,rev5ue ,code
 ( #aihf7 ( ! #aigd ,,umwa ,p5sion ,plan
 is at lea/ #ajj p]c5t1 tak+ fully into 

acc\nt all out/&+ liabilities = loans   
made pursuant to subp>agraph 7,d74  7,c7
 ,prohibition on b5efit increases1 etc  
,dur+ a fiscal ye> 9 :i* ! #aigd ,,umwa 
,p5sion ,plan is receiv+ transf]s "u    
subp>agraph 7,a71 no am5dm5t ( su* plan 
:i* increases ! liabilities ( ! plan by 
reason ( any increase 9 b5efits1 any    
*ange 9 ! accrual ( b5efits1 or any     
*ange 9 ! rate at :i* b5efits become    
non=feitable "u ! plan may be adopt$    
unless ! am5dm5t is requir$ z a         
condition ( qualification "u "p ,i (    
sub*apt] ,d ( *apt] #a ( ! ,int]nal     
,rev5ue ,code ( #aihf4  7,d7 ,treatm5t (
 transf]s = purposes ( )drawal liability
 "u ,,erisa ,if ! #aigd ,,umwa ,p5sion  
,plan is 9 critical1 s]i\sly endang]$1  
or endang]$ /atus 7)9 ! mean+ ( section 
#dcb ( ! ,int]nal ,rev5ue ,code ( #aihf 
& section #cje ( ! ,employee ,retirem5t 
,income ,security ,act ( #aigd7 = a plan
 ye> beg9n+ 9 a fiscal ye>1 ! am\nt (   
any transf] made "u subp>agraph 7,a7 =  
su* fiscal ye> 7& any e>n+s attributable

 !reto7 %all be disreg>d$ 9 det]m9+ !   
unfund$ ve/$ b5efits ( ! #aigd ,,umwa   
,p5sion ,plan & ! allocation ( su*      
unfund$ ve/$ b5efits to an employ] =    
purposes ( det]m9+ ! employ]'s )drawal  
liability "u section #dbja ( ! ,employee
 ,retirem5t ,income ,security ,act (    
#aigd4  7,e7 ,additional loan au?ority  
7i7 ,9 g5]al ,9 addition to ! am\nts    
transf]r$ "u any provision o!r ?an ?is  
subp>agraph1 & )\t reg>d to !           
limitations describ$ 9 p>agraph 7#c71   
ea* ye> beg9n+ ) fiscal ye> #bjah !     
,secret>y ( ! ,treasury %all transf] to 
! #aigd ,,umwa ,p5sion ,plan z a loan ! 
am\nt c]tifi$ by ! ,tru/ees ( ! #aigd   
,,umwa ,p5sion ,plan to be necess>y to  
prev5t ! insolv5cy ( su* plan4  7ii7    
,annual cap ,! am\nt ( ea* annual loan  
"u clause 7i7 %all n exce$ #fjj1jjj1jjj4
  7iii7 ,loan t]ms  7,i7 ,9 g5]al ,ea*  
su* annual loan %all be> int]e/ at !    
rate ( #a p]c5t p] annum1 & ea* %all be 
treat$ z a sep>ate loan4  7,,ii7        
,repaym5t ,= ! fir/ #aj ye>s ( ea* su*  

loan1 only ! int]e/ on su* loan %all be 
repayable1 & paym5ts on ! pr9cipal %all 
be di/ribut$ ov] ! #cj-ye> p]iod beg9n+ 
) ! #aa? ye> ( ! loan4  7,,iii7         
,additional paym5ts ,not)/&+ subclauses 
7,i7 & 7,,ii71 to ! ext5t t ! ,tru/ees (
 ! #aigd ,,umwa ,p5sion ,plan c]tify t  
su* plan has surplus assets :i* are n   
ne$$ to pay b5efits "u ! plan or to     
ensure ! future solv5cy ( ! plan1 su*   
surplus assets %all be appli$ t[>ds !   
repaym5t ( ! olde/ out/&+ loan made     
pursuant to ?is subp>agraph4  7,,iv7    
,ma9t5ance ( c]ta9 measures "u          
rehabilitation plan ,ea* loan "u ?is    
subp>agraph %all specify z a condition (
 ! loan t1 if ! #aigd ,,umwa ,p5sion    
,plan em]ges f critical /atus 7)9 !     
mean+ ( section #dcb ( ! ,int]nal       
,rev5ue ,code ( #aihf & section #cje ( !
 ,employee ,retirem5t ,income ,security 
,act ( #aigd71 ! ,plan w cont9ue to meet
 ! requirem5ts ( section #dcb7;b77#c7 ( 
su* ,code & #cje7;b77#c7 ( su* ,act1 !  
measures adopt$ pursuant to section     

#dcb7;e77#c77;,a77ii7 ( su* ,code &     
section #cje7;e77#c77;,a77ii7 ( su* ,act
 w rema9 9 place1 & section #dab7;b77#c7
 ( su* ,code & section #cjb7;b77#c7 (   
su* ,act %all cont9ue to apply to !     
,plan4  7iv7 ,annual c]tification ,ea*  
ye> beg9n+ ) fiscal ye> #bjah1 !        
,tru/ees ( ! #aigd ,,umwa ,p5sion ,plan 
%all c]tify ! am\nt requir$ to be loan$ 
pursuant to clause 7i7 & ! am\nt ( any  
surplus assets describ$ 9 clause        
7iii77,,iii74 ,su* c]tification %all    
also include a c]tification t--  7,i7   
su* loan am\nt1 9 comb9ation ) future   
am\nts available to ! ,plan1 is project$
 to be suffici5t to ma9ta9 indef9itely !
 solv5cy ( ! plan 7)\t reg>d to any     
out/&+ loan balance72 &  7,,ii7 ! ,plan 
is project$ to be able to repay ! am\nt 
( su* loan1 ) int]e/1 z requir$ "u      
clause 7iii74  ,! prec$+ s5t5ce %all n  
apply ) respect to any ye> 9 :i* ! am\nt
 det]m9$ by ! ,tru/ees "u clause 7i7 is 
#j & no loans "u ?is subp>agraph rema9  
out/&+4  7v7 ,plan insolv5cy or default 

,if ! #aigd ,,umwa ,p5sion ,plan becomes
 insolv5t 9 any ye> despite receiv+ loan
 am\nts "u ?is subp>agraph1 or if !     
,plan is unable to make any paym5t on a 
loan "u ?is subp>agraph :5 due1 employ]s
 contribut+ to ! ,plan & employ]        
associations ) memb]s contribut+ to !   
,plan %all n be subject to any new or   
increas$ liability1 includ+ any increas$
 fee1 exp5se1 contribution1 assessm5t1  
or sur*>ge4  7vi7 ,insolv5cy ,= purposes
 ( ?is subp>agraph1 ! t]m insolv5cy has 
! mean+ giv5 su* t]m by section         
#dah;,e7b77#a7 ( ! ,int]nal ,rev5ue     
,code ( #aihf4  7vii7 ,initial loan ,!  
fir/ loan "u ?is subp>agraph %all be    
made n lat] ?an #fj days aft] ! date (  
enactm5t ( ! ,am]ican ,m9]s ,p5sion ,act
 ( #bjag4  7,f7 ,enhanc$ annual report+ 
7i7 ,9 g5]al ,n lat] ?an ! #ij? day (   
ea* plan ye> beg9n+ aft] ! date (       
enactm5t ( ! ,am]ican ,m9]s ,p5sion ,act
 ( #bjag1 ! tru/ees ( ! #aigd ,,umwa    
,p5sion ,plan %all file ) ! ,secret>y ( 
! ,treasury or ! ,secret>y's delegate & 

! ,p5sion ,b5efit ,gu>anty ,corporation 
a report 7includ+ appropriate           
docum5tation & actu>ial c]tifications f 
! plan actu>y1 z requir$ by ! ,secret>y 
( ! ,treasury or ! ,secret>y's delegate7
 t conta9s--  7,i7 :e!r ! plan is 9     
endang]$ or critical /atus "u section   
#cje ( ! ,employee ,retirem5t ,income   
,security ,act ( #aigd & section #dcb ( 
! ,int]nal ,rev5ue ,code ( #aihf z ( !  
fir/ day ( su* plan ye>2  7,,ii7 ! fund$
 p]c5tage 7z def9$ 9 section            
#dcb7;i77#b7 ( su* ,code7 z ( ! fir/ day
 ( su* plan ye>1 & ! und]ly+ actu>ial   
value ( assets & liabilities tak5 into  
acc\nt 9 det]m9+ su* p]c5tage2  7,,iii7 
! m>ket value ( ! assets ( ! plan z ( ! 
la/ day ( ! plan ye> prec$+ su* plan    
ye>2  7,,iv7 ! total value ( all        
contributions made dur+ ! plan ye>      
prec$+ su* plan ye>2  7,v7 ! total value
 ( all b5efits paid dur+ ! plan ye>     
prec$+ su* plan ye>2  7,,vi7 ca% fl[    
projections = su* plan ye> & ei!r ! #f  
or #aj succe$+ plan ye>s1 at ! election 

( ! tru/ees1 & ! assumptions reli$ ^u 9 
mak+ su* projections2  7,,vii7 fund+    
/&>d acc\nt projections = su* plan ye> &
 ! #i succe$+ plan ye>s1 & ! assumptions
 reli$ ^u 9 mak+ su* projections2       
7,,viii7 ! total value ( all inve/m5t   
ga9s or losses dur+ ! plan ye> prec$+   
su* plan ye>2  7,,ix7 any significant   
r$uction 9 ! numb] ( active p>ticipants 
dur+ ! plan ye> prec$+ su* plan ye>1 & !
 reason = su* r$uction2  7,x7 a li/ (   
employ]s t )drew f ! plan 9 ! plan ye>  
prec$+ su* plan ye>1 & ! result+        
r$uction 9 contributions2  7,,xi7 a li/ 
( employ]s t paid )drawal liability to !
 plan dur+ ! plan ye> prec$+ su* plan   
ye> &1 = ea* employ]1 a total assessm5t 
( ! )drawal liability paid1 ! annual    
paym5t am\nt1 & ! numb] ( ye>s rema9+ 9 
! paym5t s*$ule ) respect to su* )drawal
 liability2  7,,xii7 any mat]ial *anges 
to b5efits1 accrual rates1 or           
contribution rates dur+ ! plan ye>      
prec$+ su* plan ye>2  7,,xiii7 any      
s*$ul$ b5efit increase or decrease 9 !  

plan ye> prec$+ su* plan ye> hav+ a     
mat]ial effect on liabilities ( ! plan2 
7,,xiv7 details reg>d+ any fund+        
improvem5t plan or rehabilitation plan &
 updates to su* plan2  7,,xv7 ! numb] ( 
p>ticipants & b5efici>ies dur+ ! plan   
ye> prec$+ su* plan ye> :o are active   
p>ticipants1 ! numb] ( p>ticipants &    
b5efici>ies 9 pay /atus1 & ! numb] (    
t]m9at$ ve/$ p>ticipants & b5efici>ies2 
7,,xvi7 ! in=mation conta9$ on ! mo/    
rec5t annual fund+ notice submitt$ by ! 
plan "u section #aja7;f7 ( ! ,employee  
,retirem5t ,income ,security ,act (     
#aigd2  7,,xvii7 ! in=mation conta9$ on 
! mo/ rec5t ,dep>tm5t ( ,labor ,=m #eejj
 ( ! plan2 &  7,,xviii7 copies ( ! plan 
docum5t & am5dm5ts1 o!r retirem5t b5efit
 or ancill>y b5efit plans relat+ to !   
plan & contribution obligations "u su*  
plans1 a breakd[n ( adm9i/rative exp5ses
 ( ! plan1 p>ticipant c5sus data &      
di/ribution ( b5efits1 ! mo/ rec5t      
actu>ial valuation report z ( ! plan    
ye>1 copies ( collective b>ga9+         

agreem5ts1 & f9ancial reports1 & su* o!r
 in=mation z ! ,secret>y ( ! ,treasury  
or ! ,secret>y's delegate1 9            
consultation ) ! ,secret>y ( ,labor & ! 
,director ( ! ,p5sion ,b5efit ,gu>anty  
,corporation1 may require4  7ii7        
,electronic submission ,! report requir$
 "u clause 7i7 %all be submitt$         
electronically4  7iii7 ,in=mation %>+ ,!
 ,secret>y ( ! ,treasury or !           
,secret>y's delegate %all %>e !         
in=mation 9 ! report "u clause 7i7 ) !  
,secret>y ( ,labor4  7iv7 ,p5alty ,any  
failure to file ! report requir$ "u     
clause 7i7 on or be=e ! date describ$ 9 
su* clause %all be treat$ z a failure to
 file a report requir$ to be fil$ "u    
section #fjeh7;a7 ( ! ,int]nal ,rev5ue  
,code ( #aihf1 except t section         
#ffeb7;e7 ( su* ,code %all be appli$ )  
respect to any su* failure by sub/itut+ 
#ajj = #be4 ,! prec$+ s5t5ce %all n     
apply if ! ,secret>y ( ! ,treasury or ! 
,secret>y's delegate det]m9es t         
reasonable dilig5ce has be5 ex]cis$ by !

 tru/ees ( su* plan 9 attempt+ to timely
 file su* report4  7,g7 #aigd ,,umwa    
,p5sion ,plan def9$ ,= purposes ( ?is   
p>agraph1 ! t]m #aigd ,,umwa ,p5sion    
,plan has ! mean+ giv5 ! t]m 9 section  
#igja7;a77#c7 ( ! ,int]nal ,rev5ue ,code
 ( #aihf1 b )\t reg>d to ! limitation on
 p>ticipation to individuals :o retir$ 9
 #aigf & !reaft]4  4  7b7 ,coord9ation )
 taxation ( unrelat$ bus9ess income     
,subp>agraph 7,a7 ( section #ead7;c77#f7
 ( ! ,int]nal ,rev5ue ,code ( #aihf is  
am5d$-- 7#a7 by /rik+ or at ! end (     
clause 7i72  7#b7 by /rik+ ! p]iod at ! 
end ( clause 7ii77,,ii7 & ins]t+ 1 or2 &
  7#c7 by add+ at ! end ! foll[+ new    
clause3  7iii7 indebt$ness ) respect to 
! #aigd ,,umwa ,p5sion ,plan 7z def9$ 9 
section #djb7;i77#d77;,g7 ( ! ,surface  
,m9+ ,control & ,reclamation ,act (     
#aigg7 "u a loan made by ! ,secret>y    
pursuant to section #djb7;i77#d77;,e7 ( 
! ,surface ,m9+ ,control & ,reclamation 
,act ( #aigg4  4  7c7 ,effective date ,!
 am5dm5ts made by ?is section %all apply

 to fiscal ye>s beg9n+ aft] ,septemb]   
#cj1 #bjaf4