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HR 3915 109th Congress House Economics and Public Finance Black lung Coal Energy Excise tax Government trust funds Health Labor and Employment Miners Tax rates Taxation Workers' compensation

Black Lung Disability Trust Fund Debt Restructuring Act

Introduced: September 27, 2005 See on congress.gov
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 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Sep 27, 2005
Referred to the House Committee on Ways and Means.
Sep 27, 2005
Introduced in House
 Plain-English summary Congressional Research Service

Black Lung Disability Trust Fund Debt Restructuring Act - Requires the Black Lung Disability Trust Fund, on a certain refinancing date, to pay the market value of the outstanding repayable advances, plus accrued interest, by transferring into the general fund of the Treasury specified amounts derived from proceeds from obligations issued to the Secretary of the Treasury and from an appropriation to the Trust Fund under this Act.

Authorizes the Trust Fund to issue additional obligations to the Secretary if it is unable to: (1) repay those obligations issued in such initial repayment; or (2) make benefit payments and other authorized expenditures.

Amends the Internal Revenue Code to extend provisions for a temporary increase in excise tax levels related to the Trust Fund.

What's happening now September 27, 2005

Referred to the House Committee on Ways and Means.

 Committees of jurisdiction 1
 Cosponsors 1
All 1 Republican 1