Par. 4. Section 54.9823-1 is added to read as follows:
(a) In general. Each group health plan that satisfies the requirements of 45 CFR 149.230 satisfies the requirements to submit a report to the Secretary of the Treasury pursuant to section 9823 of the Code.
(b) Applicability. This section applies to data for each of the 2022 and 2023 calendar years.
DEPARTMENT OF LABOR
Employee Benefits Security Administration
29 CFR Chapter XXV
For the reasons set forth in the preamble, the Department of Labor proposes to amend 29 CFR part 2590 as set forth below: