Page:United States Statutes at Large Volume 100 Part 5.djvu/869

 CONCURRENT RESOLUTIONS—MAR. 26, 1986

100 STAT. 4343

subclause (III) and insert in lieu thereof "outstanding", and strike out "subsection (d)" in subclause (III) and insert in lieu thereof "subsection (e)"; and (B) in section 412(f)(3)(C)(ii) of such Code, as proposed to be ^ added, strike out "of' the fourth place it appears and insert t in lieu thereof "or". (43) SECTION 11015(a)(3).—In section 11015(a)(3) of the bill, strike out "the date described in section 11019(a)" and insert in lieu thereof "the date of the enactment of this Act". (44) SECTION 11016(a).—In section 11016(a) of the bill— (A) strike out paragraph (1); (B) redesignate paragraphs (2) and (3) as paragraphs (1) and (2), respectively; and (C) strike out paragraph (4) and insert in lieu thereof the following new paragraph: "(3) RESTORATION OF PLANS.—Section 4047 (29 U.S.C. 1347) is amended— "(A) in the first sentence, by inserting 'under section 4041 or 4042' after 'terminated' each place it appears; and "(B) in the second sentence, by striking out 'section 4042' and inserting in lieu thereof 'section 4041 or 4042'."; (D) redesignate paragraphs (5), (6), and (7) as paragraphs (4), (5), and (6), respectively; (E) in paragraph (5)(A)(ii)(I) (as redesignated), strike out ", to which section 4O2I applies and"; (F) in paragraph (5)(A)(iii)(I) (as redesignated), insert a comma after "section" the second place it appears; I (G) strike out paragraph (5)(A)(iii)(III) (as redesignated) and insert in lieu thereof the following: "(III) in paragraph (3), by inserting 'under section 4041(c) or 4042 after 'terminates' and by striking out 'employer' in subparagraph (C) and inserting in lieu thereof 'contributing sponsor'."; (H) in paragraph (5)(A)(iv)(II) (as redesignated), strike out "and"; (I) in paragraph (5)(AKivXIII) (as redesignated), strike out the period and insert in lieu thereof "; and"; (J) in paragraph (5)(A)(iv) (as redesignated), add after subclause (III) the following— "(IV) in paragraph (2), by striking out 'termiJ^^^ij nation' and inserting in lieu thereof 'plan terminated under section 4042'."; ^ji ' (K) in paragraph (5)(B) (as redesignated), strike out clause (ii) and insert in lieu thereof the following: "(ii) Section 4064(b) (29 U.S.C. 1364(b)) is amended to read as follows: " '(b) The corporation shall determine the liability with respect to each contributing sponsor and each member of its controlled group in a manner consistent with section 4062, except that— " '(1) the amount of the liability determined under section 4062(b)(l) with respect to the entire plan— " '(A) shall be determined without regard to clauses (i)(II) and (ii) of section 4062(b)(l)(A), and " '(B) shall be allocated to each controlled group by mul- jf tiplying such amount by a fraction— " '(i) the numerator of which is the amount required to be contributed to the plan for the last 5 plan years

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