Pub. L. 112-141 Jul. 6, 2012

126 Stat. 914 · Changed 19 sections of the Code

Bill H.R. 4348 · Conference report H. Rept. 112-557 · Bluebook JCT general explanation (2013)

§ 72 Annuities; certain proceeds of endowment and life insurance contracts

§ 79 Group-term life insurance purchased for employees

  • (f) Pub. L. 112–141 added subsec. (f).

§ 404 Deduction for contributions of an employer to an employees’ trust or annuity plan and compensation under a deferred-payment plan

  • (o)(6) Pub. L. 112–141 inserted “(determined by not taking into account any adjustment under clause (iv) of subsection…

§ 417 Definitions and special rules for purposes of minimum survivor annuity requirements

  • (e)(3)(C) (e)(3)(D) Pub. L. 112–141 substituted “section 430(h)(2)(C) (determined by not taking into account any adjustment under clause…

§ 420 Transfers of excess pension assets to retiree health accounts

  • § 420 Pub. L. 112–141, § 40242(e)(1), substituted “qualified current retiree liabilities” for “qualified current retiree…
  • (a) Pub. L. 112–141, § 40242(a), inserted “, or an applicable life insurance account,” after “health benefits account”.
  • (b)(1)(A) Pub. L. 112–141, § 40242(g)(1), struck out “in a taxable year beginning after December 31, 1990” after “such plan”.
  • (b)(1)(A) Pub. L. 112–141, § 40242(e)(2), inserted “, or an applicable life insurance account,” after “a health benefits account”.
  • (b)(2) Pub. L. 112–141, § 40242(g)(3), struck out “(A) In general” before “No more than” and struck out heading and text of…
  • (b)(2) Pub. L. 112–141, § 40242(e)(3)(A), inserted at end “If there is a transfer from a defined benefit plan to both a health…
  • (b)(3) Pub. L. 112–141, § 40242(e)(3)(B), inserted “to an account” after “may be transferred”.
  • (b)(4) Pub. L. 112–141, § 40242(g)(2), redesignated par. (5) as (4) and struck out former par. (4) which related to a special…
  • (b) Pub. L. 112–141, § 40242(g)(2), redesignated par. (5) as (4).
  • (b) Pub. L. 112–141, § 40241(a), substituted “December 31, 2021” for “December 31, 2013”.
  • (c)(1)(A) Pub. L. 112–141, § 40242(e)(2), inserted “, or an applicable life insurance account,” after “a health benefits account”.
  • (c)(1)(B) Pub. L. 112–141, § 40242(e)(4), inserted “or life insurance” after “health benefits” in heading.
  • (c)(1)(B)(i) Pub. L. 112–141, § 40242(e)(2), inserted “, or an applicable life insurance account,” after “a health benefits account”.
  • (c)(1)(C) Pub. L. 112–141, § 40242(e)(2), inserted “, or an applicable life insurance account,” after “a health benefits account”.
  • (c)(2) Pub. L. 112–141, § 40242(g)(4), struck out “(A) In general” before “The requirements of”, realigned margins, and struck…
  • (c)(3)(A) Pub. L. 112–141, § 40242(c)(1), inserted “, and each group-term life insurance plan under which applicable life…
  • (c)(3)(B)(i) Pub. L. 112–141, § 40242(c)(2)(A)(i), redesignated subcls. (I) and (II) as (II) and (III), respectively, and added…
  • (c)(3)(B)(ii) Pub. L. 112–141, § 40242(c)(2)(A)(ii), substituted “was provided during such taxable year for the benefits with respect…
  • (c)(3)(C) Pub. L. 112–141, § 40242(c)(2)(B), inserted “for applicable health benefits” after “applied separately” and “, and…
  • (c)(3)(E)(i) Pub. L. 112–141, § 40242(c)(2)(C)(i), inserted “or retiree life insurance coverage, as the case may be,” after “retiree…
  • (c)(3)(E)(ii) Pub. L. 112–141, § 40242(c)(2)(C)(ii), inserted “for retiree health coverage” after “cost reductions” in heading.
  • (c)(3)(E)(ii)(II) Pub. L. 112–141, § 40242(c)(2)(C)(iii), inserted “with respect to applicable health benefits” after “liabilities of the…
  • (d)(1)(A) Pub. L. 112–141, § 40242(e)(2), inserted “, or an applicable life insurance account,” after “a health benefits account”.
  • (d)(2) Pub. L. 112–141, § 40242(g)(5), struck out “after December 31, 1990” after “may not contribute”.
  • (e)(1) Pub. L. 112–141, § 40242(e)(5)(B), struck out “health” after “Qualified current retiree” in the heading.
  • (e)(1)(A) Pub. L. 112–141, § 40242(e)(5)(A), inserted “and applicable life insurance benefits” after “applicable health benefits”.
  • (e)(1)(B) Pub. L. 112–141, § 40242(e)(6)(A), inserted “(determined separately for applicable health benefits and applicable life…
  • (e)(1)(B)(i) Pub. L. 112–141, § 40242(e)(6)(C), substituted “qualified current retiree liability” for “qualified current retiree…
  • (e)(1)(B)(i) Pub. L. 112–141, § 40242(e)(6)(B), which directed the insertion of “or applicable life insurance accounts” after…
  • (e)(1)(C)(i) Pub. L. 112–141, § 40242(b)(3)(B)(i), substituted “by reason of retirement” for “upon retirement”.
  • (e)(1)(D) (e)(1)(E) Pub. L. 112–141, § 40242(b)(2), added subpar. (D) and redesignated former subpar. (D) as (E).
  • (e)(4) (e)(5) (e)(6) Pub. L. 112–141, § 40242(b)(1), added par. (4) and redesignated former pars. (4) and (5) as (5) and (6), respectively.
  • (f) Pub. L. 112–141, § 40242(e)(7), struck out “health” after “retiree” in two places in the heading.
  • (f)(2)(B)(ii)(II) Pub. L. 112–141, § 40242(e)(8), inserted “or applicable life insurance account, as the case may be,” after “health…
  • (f)(2)(C)(ii) Pub. L. 112–141, § 40242(c)(2)(D), substituted “collectively bargained retiree liabilities” for “collectively bargained…
  • (f)(2)(D)(i)(I) Pub. L. 112–141, § 40242(c)(2)(E)(i), (ii), inserted “, and each group-term life insurance plan or arrangement under…
  • (f)(2)(D)(i)(II) Pub. L. 112–141, § 40242(c)(2)(E)(iii), (iv), struck out “group health” after “each collectively bargained” and…
  • (f)(2)(D)(ii) Pub. L. 112–141, § 40242(c)(2)(F), inserted “with respect to applicable health benefits or applicable life insurance…
  • (f)(2)(D)(iii) Pub. L. 112–141, § 40242(c)(2)(G), struck out “retiree” before “health benefits” in two places and inserted “…
  • (f)(2)(E)(i)(III) Pub. L. 112–141, § 40242(e)(9), inserted “defined benefit” before “plan maintained by an employer” and “health” before…
  • (f)(2)(E)(ii) Pub. L. 112–141, § 40242(e)(2), inserted “, or an applicable life insurance account,” after “a health benefits account”.
  • (f)(2)(E)(ii) Pub. L. 112–141, § 40242(c)(2)(D), substituted “collectively bargained retiree liabilities” for “collectively bargained…
  • (f)(4) Pub. L. 112–141, § 40242(e)(10), substituted “collectively bargained retiree liabilities” for “collectively bargained…
  • (f)(6)(A)(i) Pub. L. 112–141, § 40242(e)(11)(A), inserted “, in the case of a transfer to a health benefits account,” before “his…
  • (f)(6)(A)(ii) Pub. L. 112–141, § 40242(e)(11), inserted “, in the case of a transfer to a health benefits account,” before “his…
  • (f)(6)(B) Pub. L. 112–141, § 40242(e)(12)(C), struck out “health” after “retiree” in the heading.
  • (f)(6)(B) Pub. L. 112–141, § 40242(e)(10), substituted “collectively bargained retiree liabilities” for “collectively bargained…
  • (f)(6)(B)(i) Pub. L. 112–141, § 40242(e)(12)(A), inserted “, and collectively bargained life insurance benefits,” after…
  • (f)(6)(B)(ii) Pub. L. 112–141, § 40242(e)(12)(B)(ii), which directed the insertion of “, applicable life insurance accounts,” after…
  • (f)(6)(B)(ii) Pub. L. 112–141, § 40242(e)(12)(B)(i), inserted at end “The preceding sentence shall be applied separately for…
  • (f)(6)(B)(iii) Pub. L. 112–141, § 40242(f), substituted “416(i)(1)” for “416(I)(1)”.
  • (f)(6)(C) Pub. L. 112–141, § 40242(b)(3)(B)(ii)(I), struck out “which are provided to” after “coverage” in introductory…
  • (f)(6)(C)(i) Pub. L. 112–141, § 40242(b)(3)(B)(ii)(II), (III), inserted “which are provided to” before “retired employees” and…
  • (f)(6)(C)(ii) Pub. L. 112–141, § 40242(b)(3)(B)(ii)(IV), substituted “which will be provided at retirement to employees who are not…
  • (f)(6)(D) Pub. L. 112–141, § 40242(b)(3)(A), added subpar. (D). Former subpar. (D) redesignated (E).
  • (f)(6)(E) Pub. L. 112–141, § 40242(e)(13), struck out “health” after “bargained” in heading, substituted “bargained” for…
  • (f)(6)(E) Pub. L. 112–141, § 40242(b)(3)(A), redesignated subpar. (D) as (E).
  • (g) Pub. L. 112–141, § 40211(a)(2)(D), added subsec. (g).

§ 430 Minimum funding standards for single-employer defined benefit pension plans

  • (h)(2)(C)(iv) Pub. L. 112–141, § 40211(a)(1), added cl. (iv).
  • (h)(2)(F) Pub. L. 112–141, § 40211(a)(2)(B), inserted “and the averages determined under subparagraph (C)(iv)” after…

§ 4041 Imposition of tax

  • (a)(1)(C)(iii)(I) Pub. L. 112–141, § 40102(a)(1)(A), substituted “September 30, 2016” for “June 30, 2012”.
  • (m)(1)(A) Pub. L. 112–141, § 40102(a)(2)(A), substituted “October 1, 2016” for “July 1, 2012” in introductory provisions.
  • (m)(1)(B) Pub. L. 112–141, § 40102(a)(1)(B), substituted “September 30, 2016” for “June 30, 2012” in introductory provisions.

§ 4051 Imposition of tax on heavy trucks and trailers sold at retail

  • (c) Pub. L. 112–141 substituted “October 1, 2016” for “July 1, 2012”.

§ 4071 Imposition of tax

  • (d) Pub. L. 112–141 substituted “October 1, 2016” for “July 1, 2012”.

§ 4081 Imposition of tax

  • (d)(1) Pub. L. 112–141, § 40102(a)(1)(C), substituted “September 30, 2016” for “June 30, 2012”.
  • (d)(3) Pub. L. 112–141, § 40102(a)(2)(D), substituted “October 1, 2016” for “July 1, 2012”.

§ 4221 Certain tax-free sales

  • (a) Pub. L. 112–141 substituted “October 1, 2016” for “July 1, 2012” in concluding provisions.

§ 4481 Imposition of tax

  • (f) Pub. L. 112–141 substituted “2017” for “2013”.

§ 4482 Definitions

  • (c)(4) Pub. L. 112–141, § 40102(b)(2)(A), amended par. (4) generally. Prior to amendment, text read as follows: “The term…
  • (d) Pub. L. 112–141, § 40102(b)(1)(B), substituted “2017” for “2013”.

§ 4483 Exemptions

  • (i) Pub. L. 112–141 substituted “October 1, 2017” for “July 1, 2012”.

§ 5702 Definitions

  • (d) Pub. L. 112–141 inserted concluding provisions.

§ 6412 Floor stocks refunds

  • (a)(1) Pub. L. 112–141 substituted in two places “October 1, 2016” for “July 1, 2012” and “March 31, 2017” for “December 31…

§ 9503 Highway Trust Fund

  • (b)(1) Pub. L. 112–141, § 40102(e)(1)(A)(i), substituted “October 1, 2016” for “July 1, 2012” in introductory provisions.
  • (b)(2) Pub. L. 112–141, § 40102(e)(1)(A), in heading, substituted “October 1, 2016” for “July 1, 2012” and, in text…
  • (b)(6)(B) Pub. L. 112–141, § 40101(a)(1), substituted “October 1, 2014” for “July 1, 2012”.
  • (c)(1) Pub. L. 112–141, § 40101(a), substituted “October 1, 2014” for “July 1, 2012” and “MAP-21” for “Surface Transportation…
  • (c)(2) Pub. L. 112–141, § 40102(e)(1)(B), substituted “July 1, 2017” for “April 1, 2013”.
  • (c)(3)(A)(i) (c)(4)(A) Pub. L. 112–141, § 40102(e)(2)(A), substituted “October 1, 2016” for “July 1, 2012”.
  • (e)(3) Pub. L. 112–141, § 40101(a), substituted “October 1, 2014” for “July 1, 2012” and “MAP-21” for “Surface Transportation…
  • (f)(3) Pub. L. 112–141, § 40201(b)(1), added par. (3).
  • (f)(4) Pub. L. 112–141, § 40251, added par. (4). Former par. (4) redesignated (5).
  • (f)(4) Pub. L. 112–141, § 40201(b)(2), struck out “appropriated” before “amounts” in heading and inserted “or transferred”…
  • (f)(5) Pub. L. 112–141, § 40251, redesignated par. (4) as (5).

§ 9504 Sport Fish Restoration and Boating Trust Fund

  • (b)(2)(A) (b)(2)(B) (b)(2)(C) Pub. L. 112–141, § 40101(b)(1), substituted “MAP–21” for “Surface Transportation Extension Act of 2012”.
  • (d)(2) Pub. L. 112–141, § 40101(b)(2), substituted “October 1, 2014” for “July 1, 2012”.

§ 9508 Leaking Underground Storage Tank Trust Fund

  • (c) Pub. L. 112–141, § 40201(a), inserted par. (1) designation and heading, substituted “Except as provided in paragraph…
  • (e)(2) Pub. L. 112–141, § 40101(c), substituted “October 1, 2014” for “July 1, 2012”.