# Pub. L. 113-235: changes to the Internal Revenue Code 2014-12-16, 128 Stat. 2828. Source: . ## Legislative history - Bill: [H.R. 83](https://www.congress.gov/bill/113th-congress/house-bill/83) - House report: [H. Rept. 113-483](https://www.govinfo.gov/content/pkg/CRPT-113hrpt483/html/CRPT-113hrpt483.htm) - Bluebook: [JCT general explanation (2017)](https://www.govinfo.gov/app/details/CPRT-114JPRT93497) ## § 411: Minimum vesting standards - § 411(f): Pub. L. 113–235 added subsec. (f). ## § 414: Definitions and special rules - § 414(y)(1)(C): Pub. L. 113–235, § 3(b)(1), added subpar. (C). - § 414(y)(2): Pub. L. 113–235, § 3(b)(2), substituted “subparagraph (B) and (C) of paragraph (1)” for “paragraph (1)(B)”. ## § 418E: Insolvent plans - § 418E(c)(1): Pub. L. 113–235, § 108(b)(2)(A), substituted “critical status, as described in subsection 432(b)(2),” for “reorganization”. - § 418E(c)(2): Pub. L. 113–235, § 108(b)(2)(B), designated existing provisions as subpar. (A), struck out “(within the meaning of section 418(b)(6))” after “pay status”, and added subpar. (B). - § 418E(d): Pub. L. 113–235, § 108(b)(2)(A), substituted “critical status, as described in subsection 432(b)(2),” for “reorganization” wherever appearing. - § 418E(d)(1): Pub. L. 113–235, § 108(b)(2)(C)(i), which directed amendment of par. (1) by striking out “(determined in accordance with section 418B(3)(B)(ii))”, could not be executed because the phrase “(determined in accordance with section 418B(3)(B)(ii))” did not appear. - § 418E(d)(4): Pub. L. 113–235, § 108(b)(2)(C)(ii), added par. (4). - § 418E(e)(1): Pub. L. 113–235, § 108(b)(2)(A), substituted “critical status, as described in subsection 432(b)(2),” for “reorganization”. - § 418E(e)(1)(A): Pub. L. 113–235, § 108(b)(2)(D)(i), which directed substitution of “the parties described in section 101(f)(1) of the Employee Retirement Income Security Act of 1974” for “the corporation, the parties described in section 418A(a)(2), and the plan participants and beneficiaries”, could not be executed because the phrase “the corporation, the parties described in section 418A(a)(2), and the plan participants and beneficiaries” did not appear. - § 418E(e)(1)(B): Pub. L. 113–235, § 108(b)(2)(D)(ii), substituted “section 101(f)(1) of the Employee Retirement Income Security Act of 1974” for “section 418A(a)(2) and the plan participants and beneficiaries”. - § 418E(e)(2): Pub. L. 113–235, § 108(b)(2)(A), substituted “critical status, as described in subsection 432(b)(2),” for “reorganization”. - § 418E(h): Pub. L. 113–235, § 108(b)(2)(E), added subsec. (h). ## § 431: Minimum funding standards for multiemployer plans - § 431(a): Pub. L. 113–235, § 108(b)(3)(A), amended subsec. (a) generally. Prior to amendment, subsec. (a) related to accumulated funding deficiency of multiemployer plan. - § 431(d)(1): Pub. L. 113–235, § 101(b)(2), struck out subpar. (C). Text read as follows: “The preceding provisions of this paragraph shall not apply with respect to any application submitted after December 31, 2014.” ## § 432: Additional funding rules for multiemployer plans in endangered status or critical status - § 432(a)(3): Pub. L. 113–235, § 201(b)(1), added par. (3). - § 432(b)(1): Pub. L. 113–235, § 104(b)(1)(A), substituted “the plan is not in critical status for the plan year and is not described in paragraph (5),” for “the plan is not in critical status for the plan year”. - § 432(b)(3)(A)(i): Pub. L. 113–235, § 201(b)(3), substituted “, whether” for “and whether” and inserted “, and whether or not the plan is or will be in critical and declining status for such plan year” before “, and” at end. - § 432(b)(3)(A)(i): Pub. L. 113–235, § 104(b)(3), which directed insertion of “, or would be in endangered status for such plan year but for paragraph (5),” after “endangered status for a plan year”, could not be executed because the phrase “endangered status for a plan year” did not appear in cl. (i). - § 432(b)(3)(A)(i): Pub. L. 113–235, § 102(b)(2)(A), substituted “or for any of the succeeding 5 plan years, and” for “, and” at end. - § 432(b)(3)(B)(i): Pub. L. 113–235, § 102(b)(2)(B)(i), substituted “Except as provided in clause (iv), in making the determinations” for “In making the determinations”. - § 432(b)(3)(B)(iv): Pub. L. 113–235, § 201(b)(4), added cl. (iv) relating to projections of critical and declining status. - § 432(b)(3)(B)(iv): Pub. L. 113–235, § 102(b)(2)(B)(ii), added cl. (iv) relating to projections relating to critical status in succeeding plan years. - § 432(b)(3)(D)(i): Pub. L. 113–235, § 102(b)(3)(A)(ii), inserted at end “In any case in which a plan sponsor elects to be in critical status for a plan year under paragraph (4), the plan sponsor shall notify the Secretary of the Treasury of such election not later than 30 days after the date of such certification or such other time as the Secretary of the Treasury may prescribe by regulations or other guidance.” - § 432(b)(3)(D)(i): Pub. L. 113–235, § 102(b)(3)(A)(i), inserted “or in which a plan sponsor elects to be in critical status for a plan year under paragraph (4)” after “endangered or critical status for a plan year”. - § 432(b)(3)(D)(iii): Pub. L. 113–235, § 104(b)(2)(B), added cl. (iii). Former cl. (iii) redesignated (iv). - § 432(b)(3)(D)(iv): Pub. L. 113–235, § 104(b)(2)(A), (C), redesignated cl. (iii) as (iv) and substituted “clauses (ii) and (iii)” for “clause (ii)”. - § 432(b)(3)(D)(iv): Pub. L. 113–235, § 102(b)(3)(B), added cl. (iv). - § 432(b)(3)(D)(v): Pub. L. 113–235, § 104(b)(2)(A), redesignated cl. (iv) as (v). - § 432(b)(4): Pub. L. 113–235, § 102(b)(1), added par. (4). - § 432(b)(5): Pub. L. 113–235, § 104(b)(1)(B), added par. (5). - § 432(b)(6): Pub. L. 113–235, § 201(b)(2), added par. (6). - § 432(c)(3)(A)(i)(I): Pub. L. 113–235, § 105(b)(1), substituted “of the first plan year for which the plan is certified to be in endangered status pursuant to paragraph (b)(3)” for “of such period”. - § 432(c)(3)(A)(ii): Pub. L. 113–235, § 105(b)(2), substituted “the last plan year” for “any plan year”. - § 432(c)(7): Pub. L. 113–235, § 107(b)(1), amended par. (7) generally. Prior to amendment, par. (7) related to imposition of default schedule where failure to adopt funding improvement plan. - § 432(d): Pub. L. 113–235, § 106(b), amended subsec. (d) generally. Prior to amendment, subsec. (d) related to rules for operation of plan during adoption and improvement periods. - § 432(e)(3)(C): Pub. L. 113–235, § 107(b)(2), amended subpar. (C) generally. Prior to amendment, subpar. (C) related to imposition of default schedule where failure to adopt rehabilitation plan. - § 432(e)(4)(B): Pub. L. 113–235, § 103(b), amended subpar. (B) generally. Prior to amendment, subpar. (B) related to emergence of a plan from critical status. - § 432(e)(9): Pub. L. 113–235, § 201(b)(5), added par. (9). - § 432(e)(9): Pub. L. 113–235, § 109(b)(1), struck out par. (9) which related to adjustments disregarded in withdrawal liability determination. - § 432(f)(3): Pub. L. 113–235, § 109(b)(2)(A), redesignated par. (4) as (3) and struck out former par. (3). Prior to amendment, text of par. (3) read as follows “Any benefit reductions under this subsection shall be disregarded in determining a plan’s unfunded vested benefits for purposes of determining an employer’s withdrawal liability under section 4201 of the Employee Retirement Income Security Act of 1974.” - § 432(f): Pub. L. 113–235, § 109(b)(2)(B), which directed amendment of par. (4) as redesignated by section 109(b)(2)(A) of Pub. L. 113–235 by substituting “During the period beginning on the date of the certification under subsection (b)(3)(A) for the initial critical year and ending on the date of the adoption of a rehabilitation plan—” for “During the rehabilitation plan adoption period—”, could not be executed because there was no par. (4) after the amendment by Pub. L. 113–295, § 109(b)(2)(A). See below. - § 432(f): Pub. L. 113–235, § 109(b)(2)(A), redesignated par. (4) as (3). - § 432(g): Pub. L. 113–235, § 109(b)(4), added subsec. (g). Former subsec. (g) redesignated (h). - § 432(g)(1): Pub. L. 113–235, § 201(b)(6), inserted “, or benefit reductions or suspensions while in critical and declining status under subsection (e)(9)), unless the withdrawal occurs more than ten years after the effective date of a benefit suspension by a plan in critical and declining status,” after “benefit reductions under subsection (e)(8) or (f)”. - § 432(h), § 432(i), § 432(j): Pub. L. 113–235, § 109(b)(3), redesignated subsecs. (g) to (i) as (h) to (j), respectively. ## § 833: Treatment of Blue Cross and Blue Shield organizations, etc. - § 833(c)(5): Pub. L. 113–235 substituted “paragraphs (2) and (3) of subsection (a)” for “this section” and inserted “and for activities that improve health care quality” after “clinical services”. ## § 7462: Publication of reports