Page:United States Statutes at Large Volume 96 Part 1.djvu/369

 PUBLIC LAW 97-248—SEPT. 3, 1982 PART VIII—OTHER BUSINESS PROVISIONS

Sec. 233. Targeted jobs tax credit. Sec. 234. Accelerated payment of income tax by corporations. Subtitle C—Pensions PART I—CONTRIBUTION AND LOAN LIMITS

Sec. 235. Lower contribution and benefit limits for certain annuities, etc. Sec. 236. Loans treated as distributions. PART II—REPEAL OF SPECIAL LIMITATIONS ON PLANS BENEFITING SELF-EMPLOYED INDIVIDUALS OR OWNER-EMPLOYEES

Sec. 237. Repeal of special qualification requirements. Sec. 238. Repeal of special limitations on deduction for self-employed individuals and subchapter S corporations. Sec. 239. Allowance of exclusion of death benefit for self-employed individuals. Sec. 240. Special rules for top heavy plans. Sec. 241. Effective dates. PART III—OTHER REQUIREMENTS

Sec. 242. Required distributions for qualified plans. Sec. 243. Required distributions in case of individual retirement plans. Sec. 244. Limitation on exclusion for group-term life insurance purchased for employees. Sec. 245. Limitation on estate tax exclusions under section 2039. Sec. 246. Organizations performing management functions. Sec. 247. Existing personal service corporations may liquidate under section 333 during 1983 or 1984. Sec. 248. Employee leasing. Sec. 249. Nondiscriminatory coordination of defined contribution plans with OASDI. Sec. 250. Authority of Secretary to allocate income and deductions in the case of certain corporations. PART IV—MISCELLANEOUS

Sec. Sec. Sec. Sec.

251. 252. 253. 254.

Church plans. Deferred compensation plans for State judges. Profit-sharing plan contributions on behalf of disabled. Exemption for trusts which include governmental plans. Subtitle D—Taxation of Life Insurance Companies and Annuities PART I—COINSURANCE ARRANGEMENTS

Subpart A—Modified Coinsurance Contracts Sec. 255. Repeal of optional treatment of policies reinsured under modified coinsurance contracts. Sec. 256. Special accounting rules relating to repeal of section 820. Subpart B—Other Reinsurance Agreements Sec. 257. Denial of interest deduction on indebtedness incurred in connection with reinsurance agreements. Sec. 258. Allocation of income, etc. in the case of other reinsurance agreements. PART II—2-YEAR TEMPORARY PROVISIONS RELATING TO TAXATION OF LIFE INSURANCE COMPANIES

Sec. Sec. Sec. Sec. Sec.

259. 260. 261. 262. 263.

Increase in amount of dividend deduction allowed; pension plan reserves. Computation of amount of life insurance reserves. Modification of menge formula. Consolidated returns to be computed on a botton line basis. Effective dates; special rules applicable to transactions before effective date.

PART III—EXCESS INTEREST; AMOUNTS RECEIVED UNDER ANNUITY CONTRACTS; FLEXIBLE PREMIUM CONTRACTS; COMPUTATION OF RESERVES

Sec. 264. Allowance of deduction for excess interest. Sec. 265. Treatment of amounts received and under annuity contracts before annuity starting date.

96 STAT. 327

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