S.878: 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.

About This Bill

  • This bill was introduced in the 104th Congress
  • This bill is primarily about law
  • Introduced May 26, 1995
  • Latest Major Action July 20, 1995

Bill Summary

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...

(Source: Library of Congress)

Bill Actions

Date Description
Sponsor introductory remarks on measure.
Read twice and referred to the Committee on Finance.
Sponsor introductory remarks on measure.
May 26, 1995

Introduced in the Senate by Thad Cochran (R-Miss.)

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