Page:United States Statutes at Large Volume 120.djvu/3514

 PUBLIC LAW 109–465—DEC. 22, 2006

120 STAT. 3483

chapter 31 of title 31, United States Code, that was not paid by reason of the clerical error, and (2) the sum of— (A) the amounts that are refunded to such Trust Fund as overpayments by reason of the clerical error to the extent not limited by periods of limitation under applicable provisions of the Internal Revenue Code of 1986, and (B) the interest that is paid to such Trust Fund on the overpayments resulting from the clerical error to the extent allowed under applicable provisions of such Code. (b) INVESTMENT.—The Secretary shall invest the amounts appropriated to each of the Trust Funds under subsection (a) in accordance with the currently applicable investment policy for such Trust Fund. SEC. 4. TIMING.

(a) ACTIONS BY THE SECRETARY.—The Secretary shall take such actions as are necessary to accomplish the restoration described in section 3 not later than 120 days after the date of the enactment of this Act. (b) ACTION BY THE COMMISSIONER.—The Commissioner of Social Security shall cooperate with the Secretary to the extent necessary to enable the Secretary to meet the requirements of subsection (a).

Deadline.

SEC. 5. CONGRESSIONAL NOTIFICATION.

Not later than 30 days after the Secretary takes the last action necessary to accomplish the restoration described in section 3, the Secretary shall notify each House of the Congress in writing of the actions so taken.

Deadline.

Approved December 22, 2006.

LEGISLATIVE HISTORY—S. 4091: CONGRESSIONAL RECORD, Vol. 152 (2006): Dec. 7, considered and passed Senate. Dec. 8, considered and passed House.

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