Page:United States Statutes at Large Volume 121.djvu/202

 PUBLIC LAW 110–28—MAY 25, 2007

121 STAT. 181

exempt from tax under section 501(a) of such Code and which was established in Chicago, Illinois, on August 12, 1881.’’. (2) Subparagraph (E) of section 414(f)(6) of the Internal Revenue Code of 1986 (as amended by section 1106(b) of the Pension Protection Act of 2006) is amended by striking ‘‘if it is a plan— ’’ and all that follows and inserting the following: ‘‘if it is a plan sponsored by an organization which is described in section 501(c)(5) and exempt from tax under section 501(a) and which was established in Chicago, Illinois, on August 12, 1881.’’. (c) The amendments made by this section shall take effect as if included in section 1106 of the Pension Protection Act of 2006. SEC. 6612. (a) Subclause (III) of section 420(f)(2)(E)(i) of the Internal Revenue Code of 1986 is amended by striking ‘‘subsection (c)(2)(E)(ii)(II)’’ and inserting ‘‘subsection (c)(3)(E)(ii)(II)’’. (b) Section 420(e)(2)(B) of the Internal Revenue Code of 1986 is amended by striking ‘‘funding shortfall’’ and inserting ‘‘funding target’’. (c) The amendments made by this section shall take effect as if included in the provisions of the Pension Protection Act of 2006 to which they relate. SEC. 6613. (a) Subparagraph (A) of section 420(c)(3) of the Internal Revenue Code of 1986 is amended by striking ‘‘transfer.’’ and inserting ‘‘transfer or, in the case of a transfer which involves a plan maintained by an employer described in subsection (f)(2)(E)(i)(III), if the plan meets the requirements of subsection (f)(2)(D)(i)(II).’’. (b) The amendment made by subsection (a) shall apply to transfers after the date of the enactment of this Act. SEC. 6614. (a) Section 402(i)(1) of the Pension Protection Act of 2006 is amended by striking ‘‘December 28, 2007’’ and inserting ‘‘January 1, 2008’’. (b) The amendment made by subsection (a) shall take effect as if included in section 402 of the Pension Protection Act of 2006. SEC. 6615. (a) Section 402(a)(2) of the Pension Protection Act of 2006 is amended by inserting ‘‘and by using, in determining the funding target for each of the 10 plan years during such period, an interest rate of 8.25 percent (rather than the segment rates calculated on the basis of the corporate bond yield curve)’’ after ‘‘such plan year’’. (b) The amendment made by this section shall take effect as if included in the provisions of the Pension Protection Act of 2006 to which such amendment relates.

26 USC 414.

Effective date. 26 USC 414 note.

26 USC 420.

Effective date. 26 USC 420 note.

Applicability. 26 USC 420 note. 26 USC 430 note. Effective date. 26 USC 430 note.

Effective date. 26 USC 430 note.

CHAPTER 7 LEGISLATIVE BRANCH HOUSE OF REPRESENTATIVES PAYMENT

TO

WIDOWS

AND

HEIRS

OF CONGRESS

DECEASED MEMBERS

OF

dkrause on GSDDPC44 with PUBLAW

For payment to Gloria W. Norwood, widow of Charles W. Norwood, Jr., late a Representative from the State of Georgia, $165,200.

VerDate Aug 31 2005

13:52 Jan 23, 2009

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