Page:United States Statutes at Large Volume 95.djvu/1662

 95 STAT. 1636

PUBLIC LAW 97-119—DEC. 29, 1981

SEC. 103. BLACK LUNG DISABILITY TRUST FUND. (a) GENERAL RULE.—The Internal Revenue Code of 1954 is amended

by adding at the end thereof the following new subtitle:

T ^fgfund Code 26 USC 9500.

''Subtitle I—Trust Fund Code "SEC. 9500. SHOBT TITLE.

"This subtitle may be cited as the 'Trust Fund Code of 1981'.

"CHAPTER 98—TRUST FUND CODE "SUBCHAPTER A. Establishment of Trust Funds. "SUBCHAPTER B. General provisions.

"Subchapter A—Establishment of Trust Funds 26 USC 9501

"Sec. 9501. Establishment of Black Lung Disability Trust Fund. "SEC. 9501. ESTABLISHMENT OF BLACK LUNG DISABILITY TRUST FUND. "(a) CREATION OF TRUST FUND.—

"(1) IN GENERAL.—There is established in the Treasury of the United States a trust fund to be known as the 'Black Lung Disability Trust Fund', consisting of such amounts as may be ^propriated or credited to the Black Lung Disability Trust Fund. "(2) TRUSTEES.—The trustees of the Black Lung Disability Trust Fund shall be the Secretary of the Treasury, the Secretary of Labor, and the Secretary of Health and Human Services.

"(b) TRANSFER OF CERTAIN TAXES; OTHER RECEIPTS.— "(1) TRANSFER TO BLACK LUNG DISABILITY TRUST FUND OF

Ante, p. 1635,26 use 4951. Post, p. 1639.

30 USC 933,941, ^^2

AMOUNTS EQUIVALENT TO CERTAIN TAXES.—There are hereby appropriated to the Black Lung DisabiliJ^ Trust Fund amounts equivalent to the taxes received in the Treasury under section 4121 or Subchapter B of chapter 42. "(2) CERTAIN REPAID AMOUNTS, ETC.—The following amounts shall be credited to the Black Lung Disability Trust Fund: "(A) Amounts repaid or recovered under subsection (b) of section 424 of the Black Lung Benefits Act (including interest thereon). "(B) Amounts paid as fines or penalties, or interest thereon, under section 423, 431, or 432 of the Black Lung Benefits Act. "(C) Amounts paid into the Black Lung Disability Trust Fund by a trust described in section 501(c)(21).

"(c) REPAYABLE ADVANCES.—

"(1) AUTHORIZATION.—There are authorized to be appropriated to the Black Lung Disability Trust Fund, as repayable advances, such sums as may from time to time be necessary to make the expenditures described in subsection (d). (2) REPAYMENT WITH INTEREST.—Repayable advances made to the Black Lung Disability Trust Fund shall be repaid, and interest on such advances shall be paid, to the general fund of the Treasury when the Secretary of the Treasury determines that moneys are available in the Black Lung Disability Trust Fund for such purposes. "(3) RATE OF INTEREST.—Interest on advances made pursuant to this subsection shall be at a rate determined by the Secretary

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