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A bill to amend the Internal Revenue Code of 1986 to reduce mandatory premiums to the United Mine Workers of America Combined Benefit Fund by certain surplus amounts in the Fund, and for other purposes.

Sponsor introductory remarks on measure. (CR S10336-10338)

Official summary

Version 00 · Introduced in Senate · May 26, 1995

Amends the Internal Revenue Code, with respect to the United Mine Workers of America Benefit Fund, to provide: (1) a means for transferring surpluses between the Fund's accounts to reduce shortfalls in the entire Fund; and (2) a formula to reduce or increase operator's premiums according to the Fund's aggregated surplus or shortfall, respectively. Sets the amount of the per beneficiary health benefit premium. Directs the Trustees of the combined Fund to disclose to contributors, upon written request, all documents showing its financial and operational status and all documents prepared at trustee or staff request that form the basis for the Fund's actions or reports.

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Who introduced it

Sen. Cochran, Thad [R-MS] · R–MS

Committees

  • Finance Committee
14 cosponsorship records, including any withdrawals

Actions

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  1. Sponsor introductory remarks on measure. (CR S10336-10338)

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

  3. Sponsor introductory remarks on measure. (CR S7627-7628)

  4. Introduced in Senate

Bill text & related measures

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Related bills identified by Congress.gov

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Source last updated: Apr 7, 2025. Consult Congress.gov for the current record.

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Institutions and government scope

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Individual rights and government power

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