Page:United States Statutes at Large Volume 97.djvu/470

 97 STAT. 438 PUBLIC LAW 98-76—AUG. 12, 1983 "INSPECTOR GENERAL 45 USC 23iv. "SEC. 23. For the purposes of the Inspector General Act of 1978 (5 U.S.C. App.) the Railroad Retirement Board is an 'establishment' and the Chairman of the Railroad Retirement Board is the 'head of the establishment' with respect to such Board. For the purpose of 45 USC 231a. section 2 of such Act, the Railroad Retirement Board is one of 'such GstfiblislimGrits 45 USC 231m. SEC. 419. (a) Section 14 of the Railroad Retirement Act of 1974 is amended— (1) by striking out "Notwithstanding" and inserting in lieu thereof "(a) Except as provided in subsection (b) of this section 26use1etseq. and the Internal Revenue Code of 1954, notwithstanding"; (2) by striking out ": Provided, however. That the provisions of this" and inserting in lieu thereof the following: "(b)(1) This"; and (3) by adding at the end the following: "(2) This section shall not operate to prohibit the characterization or treatment of that portion of an annuity under this Act which is Ante, p. 411. not computed under section 3(a), 4(a), or 4(f) of this Act, or any portion of a supplemental annuity under this Act, as community property for the purposes of, or property subject to, distribution in accordance with a court decree of divorce, annulment, or legal separation or the terms of any court-approved property settlement incident to any such court decree. The Board shall make payments of such portions in accordance with any such characterization or treatment or any such decree or settlement.". 45 USC 231m (b) The amendments made by this section shall apply with respect "°*® to annuity amounts payable for months beginning after the date of the enactment of this Act. TITLE V—OTHER AMENDMENTS ESTABLISHMENT OF SOCIAL SECURITY EQUIVALENT BENEFIT ACCOUNT SEC. 501. (a) The Railroad Retirement Act of 1974 is amended by inserting after section 15 the following new section: "SOCIAL SECURITY EQUIVALENT BENEFIT ACCOUNT 45 USC 23in-i. "SEC. 15A. (a) There is hereby created an account in the Treasury of the United States to be known as the 'Social Security Equivalent Benefit Account'. "(b) TRANSFERS, ETC., TO SOCIAL SECURITY EQUIVALENT BENEFIT ACCOUNT. — "(1) NET TIER i TAXES, ETC. —There is hereby appropriated to ' the Social Security Equivalent Benefit Account for each fiscal year, beginning with the fiscal year beginning October 1, 1984, an amount equal to the sum of the following amounts: "(A) NET TIER i TAXES.— Amounts covered into the Treas- ury (minus refunds) during such fiscal year under sections 3201(a), 3211(a)(1), and 3221(a) of the Railroad Retirement Ante, pp. 420, Tax Act. ^^^ " (B) INCOME TAX LIABILITIES ATTRIBUTABLE TO TAXATION OF SOCIAL SECURITY EQUIVALENT BENEFITS.—The amount which (but for this section) would have been transferred to the Railroad Retirement Account under section 121(e) of the

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