Page:United States Statutes at Large Volume 100 Part 3.djvu/268

 100 STAT. 2076

Employment and unemployment.

Post, p. 2077.

PUBLIC LAW 99-509—OCT. 21, 1986

pt»j respect to a qualified beneficiary described in paragraph (7)(B)(iv) within one year before or after the date of commence.\,ji( ment of the proceeding." (2) ERISA AMENDMENT.—Section 603 of the Employee Retirement Income Security Act of 1974 (29 U.S.C. 1163) is amended by adding at the end the following: "(6) A proceeding in a case under title 11, United States Code, commencing on or after July 1, 1986, with respect to the employer from whose employment the covered employee retired at any time. In the case of an event described in paragraph (6), a loss of coverage includes a substantial elimination of coverage with respect to a qualified beneficiary described in section 607(3)(C) within one year before or after the date of commencement of the proceeding." (b) PERIOD OF CONTINUATION COVERAGE.— (1) LIFE OF COVERED EMPLOYEE OR WIDOW AND ADDITIONAL 36 MONTHS FOR SURVIVING SPOUSE AND DEPENDENTS.—

Post, p. 2095; 26 USC 162.

Post, p. 2095; 29 USC 1162.

(A) IRC AMENDMENTS.—Clause (i) of section 162(k)(2)(B) of the Internal Revenue Code of 1986 (relating to maximum period), as amended by section 1895(d)(2)(A) of the Tax -i Reform Act of 1986, is amended— (i) in subclause (II), by inserting "(other than a qualifying event described in paragraph (3)(F))" after "qualifying event" the first place it appears, - rji r^j (ii) in subclause (III), by inserting "or (3)(F)" after "(3)(B)", (iii) by redesignating subclause (III) as subclause (IV), ,'r?sj v*" ' and (iv) by inserting after subclause (II) the following new qc»f> i rr. subclause: "(III) SPECIAL RULE FOR CERTAIN BANKRUPTCY PROCEEDINGS.—In the case of a qualifying event described in paragraph (3)(F) (relating to bankruptcy proceedings), the date of the death of the covered employee or qualified beneficiary '.. (described in paragraph (7)(B)(iv)(III)), or in the case of the surviving spouse or dependent children of the covered employee, 36 months after the date of the death of the covered employee." (B) ERISA AMENDMENTS.—Subparagraph (A) of section 602(2) of the Employee Retirement Income Security Act of 1974 (relating to maximum period), as amended by section 1895(d)(2)(B) of the Tax Reform Act of 1986, is amended— 'MM\(i) in clause (ii), by inserting "(other than a qualifying event described in section 603(6))" after "qualifying event" the first place it appears, (ii) in clause (iii), by inserting "or 603(6)" after "603(2)", (iii) by redesignating clause (iii) as clause (iv), and (iv) by inserting after clause (ii) the following new clause: "(iii) SPECIAL RULE FOR CERTAIN BANKRUPTCY PROCEEDINGS.—In the case of a qualifying event described in 603(6) (relating to bankruptcy proceedings), the date of the death of the covered employee or qualified beneficiary (described in section 607(3)(C)(iii)), or in the case of the surviving spouse or dependent children

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