Page:United States Statutes at Large Volume 98 Part 1.djvu/949

 PUBLIC LAW 98-369—JULY 18, 1984 = ' •

98 STAT. 901

(ii) which participates in a defined benefit pension plan maintained by such Interchange Company. (6) The term "divestiture interchange agreement" refers to the agreement between entities subject to the modified final judgment which was executed as of November 1, 1983, and which provides for mutual reciprocal recognition of service credit. (7) The term "consumer price index" means the Consumer Price Index (all items—United States city average) published monthly by the Bureau of Labor Statistics. (d) COORDINATION WITH OTHER BENEFIT-RELATED PROVISIONS.—

Nothing in this section shall be construed to limit benefits which would otherwise be available to any individual, whether provided under the modified final judgment, under applicable law, or otherwise. SEC. 560. STUDY OF EMPLOYEE WELFARE BENEFIT PLANS.

(a) IN GENERAL,—The Secretary of the Treasury shall make a study of the problems relating to the use of employee welfare benefit plans for the provision of benefits to current and retired employees. Such study shall include a study of the need for participation, vesting, and funding standards. (b) REPORT.—A report of the study conducted under subsection (a), together with such recommendations for legislation as the Secretary deems appropriate, shall be made to the Congress by not later than February 1, 1985. SEC. 561. LIMITATION ON ACCRUAL OF VACATION PAY. (a) GENERAL RULE.—Paragraph (1) of section 463(a) (relating to 26 USC 463. accrual of vacation pay) is amended by striking out "and payable during" and inserting in lieu thereof "and expected to be paid during". (b) EFFECTIVE DATE.—The amendment made by subsection (a) 26 USC 463 note. shall apply to taxable years beginning after March 31, 1984.

TITLE VI—TAX-EXEMPT BOND PROVISIONS Subtitle A—Mortgage Subsidy Bonds SEC. 611. 4-YEAR EXTENSION OF MORTGAGE SUBSIDY BOND AUTHORITY.

(a) GENERAL RULE.—Subparagraph (B) of section 103A(c)(l) (defin- 26 USC 103A. ing qualified mortgage bond) is amended by striking out "December 31, 1983" each place it appears and inserting in lieu thereof "December 31, 1987". (b) REPORTING, BONDS.—

ETC., REQUIREMENTS FOR MORTGAGE

SUBSIDY

(1) IN GENERAL.—Subsection (j) of section 103A (relating to other requirements) is amended by adding at the end thereof the following new paragraphs: "(3) INFORMATION REPORTING REQUIREMENT.—

"(A) IN GENERAL.—An issue meets the requirements of this subsection only if the issuer submits to the Secretary, not later than the 15th day of the 2nd calendar month after the close of the calendar quarter in which the issue is

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