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HR 3586 108th Congress House Health Auditing Authorization Coal Collective bargaining Commerce Congress Congressional investigations Congressional reporting requirements Economics and Public Finance Employee health benefits Energy Finance and Financial Sector Government Operations and Politics Government paperwork Government trust funds Insurance premiums Interest Labor and Employment Labor contracts

Coal Industry Retiree Health Benefit Stability and Fairness Act

Introduced: November 21, 2003 See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Nov 21, 2003
Referred to the House Committee on Ways and Means.
Nov 21, 2003
Introduced in House
 Plain-English summary Congressional Research Service

Coal Industry Retiree Health Benefit Stability and Fairness Act - Amends the Internal Revenue Code to authorize appropriations from the U.S. Treasury to the Combined Fund to: (1) pay any benefit or administrative costs of unassigned beneficiaries of the Combined Fund remaining after the Abandoned Mine Reclamation Fund transfers; and (2) eliminate any annual deficit in any premium account of the Combined Fund as certified by the Trustees of the Combined Fund. Requires an annual audit of the Combined Fund by the Comptroller General. Provides for the appointment of two trustees by the Secretary of the Treasury to the board of the Fund.

Makes other related revisions, including: (1) modifying premiums; (2) providing for refunds to certain operators; and (3) reductions in annual health benefit premiums to the Fund in the event of a surplus.

Redefines a coal wage agreement as: (1) the 1988 agreement, meaning the collective bargaining agreement between the settlors which became effective on February 1, 1988; and (2) the coal wage agreement, meaning the 1988 agreement and any predecessor to the 1988 agreement.

What's happening now November 21, 2003

Referred to the House Committee on Ways and Means.

 Committees of jurisdiction 1