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Small Non-Coal Producing Company Relief Act

Read twice and referred to the Committee on Finance.

Official summary

Version 00 · Introduced in Senate · Aug 10, 1995

Small Non-Coal Producing Company Relief Act - Amends the Internal Revenue Code to: (1) limit annual premiums paid to the United Mine Workers of America Combined Benefit Fund by eligible small assigned operators; and (2) eliminate (for assigned operators) or reduce (for other operators) premiums for any year in which the Fund has a surplus over a certain level. Defines an eligible small assigned operator as one having a five-year average annual gross income under a specified amount and not being engaged in the production of coal for the year involved. Limits overall premium reductions under the amendments made by this Act.

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Who introduced it

Sen. Rockefeller, John D., IV [D-WV] · D–WV

Committees

  • Finance Committee
0 cosponsorship records, including any withdrawals

    Actions

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    1. Read twice and referred to the Committee on Finance.

    2. Sponsor introductory remarks on measure. (CR S12277-12279)

    3. Introduced in Senate

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