Page:United States Statutes at Large Volume 102 Part 4.djvu/646

 102 STAT. 3616

PUBLIC LAW 100-647—NOV. 10, 1988

fuel used during such quarter or any prior quarter during the taxable year (and for which no other claim has been filed), a claim may be filed under subsection (1) with respect to such fuel. "(B) TIME FOR FIUNG CLAIM.—No claim filed under this paragraph shall be allowed unless filed during the 1st quarter following the last quarter included in the claim." (b) ALLOWANCE OF PAYMENT.—Paragraph (2) of section 6427(k) of the 1986 Code (relating to income tax credit in lieu of payment), as amended by title I, is amended by striking out "paragraph (2) or (3)" and inserting in lieu thereof "paragraph (2), (3), or (4)". (c) CONFORMING AMENDMENTS.—

26 USC 6427 '^o*®

(1) Paragraph (1) of section 6427(i) of the 1986 Code is amended by striking out "paragraph (2)" and inserting in lieu thereof "paragraphs (2), (3), and (4)". (2) Paragraph (2)(A) of section 6427(i) of the 1986 Code is amended by striking out "G),". (d) EFFECTIVE DATE.—The amendments made by this section shall apply to fuel used after December 31, 1988.

26 USC 4092 ^^^-

SEC. 3003. MARINE RETAILERS TREATED AS PRODUCERS. (a) IN GENERAL.—Subparagraph (B) of section 4092(b)(l) of the 1986 Code (relating to certain persons treated as producers) is amended by striking out the period at the end of clause (ii) and inserting in lieu thereof ", or" and by adding at the end thereof the following: "(iii) a retailer selling diesel fuel exclusively to purchasers as supplies for commercial and noncommercial vessels. To the extent provided in regulations, a retailer shall not be treated as not described in clause (iii) by reason of selling de minimis amounts of diesel fuel other than sis supplies for commercial and noncommercial vessels." (b) EFFECTIVE DATE.—The amendments made by this section shall apply to sales after December 31, 1988.

Subtitle B—Health Care Continuation Rules SEC. 3011. FAILURE TO SATISFY CONTINUATION COVERAGE REQUIREMENTS OF GROUP HEALTH PLANS.

(a) IN GENERAL.—Chapter 43 of the 1986 Code (relating to qualified pension, etc., plans) is amended by adding at the end thereof the following new section: "SEC. 4980B. FAILURE TO SATISFY CONTINUATION COVERAGE REQUIREMENTS OF GROUP HEALTH PLANS.

"(a) GENERAL RULE.—There is hereby imposed a tax on the failure of a group health plan to meet the requirements of subsection (f) with respect to any qualified beneficiary. "(b) AMOUNT OF TAX.—

"(1) IN GENERAL.—The amount of the t£« imposed by subsection (a) on any failure with respect to a qualified beneficiary shall be $100 for each day in the noncompliance period with respect to such failure.

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