Page:United States Statutes at Large Volume 112 Part 1.djvu/847

 PUBLIC LAW 105-206-^JULY 22, 1998 112 STAT. 821 (c) AMENDMENTS RELATED TO SECTION 1529 OF 1997 ACT.— (1) Section 1529(a) of the 1997 Act is amended to read 26 USC 1529. as follows: "(a) GENERAL RULE.—Amounts to which this section applies which are received by an individual (or the survivors of the individual) as a result of hypertension or heart disease of the individual shall be excludable from gross income under section 104(a)(1) of the Internal Revenue Code of 1986.". (2) Section 1529(b)(1)(B) of the 1997 Act is amended to read as follows: "(B) under— "(i) a State law (as amended on May 19, 1992) which irrebuttably presumed that heart disease and hypertension are work-related illnesses but only for employees hired before July 1, 1992; or "(ii) any other statute, ordinance, labor agreement, or similar provision as a disability pension payment or in the nature of a disability pension pa3mtient attributable to employment as a police officer or fireman, but only if the individual is referred to in the State law described in clause (i); and". (d) AMENDMENT RELATED TO SECTION 1530 OF 1997 ACT. — Subparagraph (C) of section 404(a)(9) of the 1986 Code (as added by section 1530 of the 1997 Act) is redesignated as subparagraph (D) and is amended by striking "A qualified" and inserting "QUALI- FIED GRATUITOUS TRANSFERS. —^A qualified". (e) AMENDMENT RELATED TO SECTION 1531 OF 1997 ACT. — Subsection (f) of section 9811 of the 1986 Code (as added by section 1531 of the 1997 Act) is redesignated as subsection (e). SEC. 6016. AMENDMENTS RELATED TO TITLE XVI OF 1997 ACT. (a) AMENDMENTS RELATED TO SECTION 1601(d) OF 1997 ACT. — (1) AMENDMENTS RELATED TO SECTION 1601(d)(1)— (A) Section 408(p)(2)(D)(i) of the 1986 Code is amended by striking "or (B)" in the last sentence. (B) Section 408(p) of the 1986 Code is amended by adding at the end the following new paragraph: " (10) SPECIAL RULES FOR ACQUISITIONS, DISPOSITIONS, AND SIMILAR TRANSACTIONS. — "(A) IN GENERAL.— An employer which fails to meet any applicable requirement by reason of an acquisition, disposition, or similar transaction shall not be treated as failing to meet such requirement during the transition period if— "(i) the employer satisfies requirements similar to the requirements of section 410(b)(6)(C)(i)(II); and "(ii) the qualified salary reduction arrangement maintained by the employer would satisfy the requirements of this subsection after the transaction if the employer which maintained the arrangement before the transaction had remained a separate employer, "(B) APPLICABLE REQUIREMENT.— For purposes of this paragraph, the term 'applicable requirement' means— "(i) the requirement under paragraph (2)(A)(i) that an employer be an eligible employer; "(ii) the requirement under paragraph (2)(D) that an arrangement be the only plan of an employer; and

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