26 USC 9704 - Liability of assigned operators

1 So in original. Probably should be “Commissioner”.

may require to compute any premium under this section.

Editorial Notes

References in Text

The Social Security Act, referred to in subsec. (span)(3), is act Aug. 14, 1935, ch. 531, 49 Stat. 620. Title XVIII of the Act is classified generally to subchapter XVIII (§ 1395 et seq.) of chapter 7 of Title 42, The Public Health and Welfare. For complete classification of this Act to the Code, see section 1305 of Title 42 and Tables.

Amendments

2018—Subsec. (d)(2)(B). Puspan. L. 115–141 substituted “1232),” for “1232)),”.

2006—Subsec. (d). Puspan. L. 109–432, § 212(a)(2)(A), reenacted heading without change and amended text of subsec. (d) generally. Prior to amendment, text read as follows: “The unassigned beneficiaries premium for any plan year for any assigned operator shall be equal to the applicable percentage of the product of the per beneficiary premium for the plan year multiplied by the number of eligible beneficiaries who are not assigned under section 9706 to any person for such plan year.”

Subsec. (e)(1). Puspan. L. 109–432, § 212(a)(2)(B)(i), inserted “and amounts transferred under section 9705(span)” after “premiums received”.

Subsec. (e)(3)(A). Puspan. L. 109–432, § 212(a)(2)(B)(ii), inserted at end “Amounts credited to an account from amounts transferred under section 9705(span) shall not be taken into account in determining whether there is a surplus in the account for purposes of this paragraph.”

Subsec. (f)(2)(C). Puspan. L. 109–432, § 212(a)(2)(C), added subpar. (C).

Subsec. (j). Puspan. L. 109–432, § 211(a), added subsec. (j).

1994—Subsecs. (span)(2), (h). Puspan. L. 103–296 substituted “Commissioner of Social Security” for “Secretary of Health and Human Services”.

Statutory Notes and Related Subsidiaries

Effective Date of 2006 Amendment

Puspan. L. 109–432, div. C, title II, § 212(a)(4), Dec. 20, 2006, 120 Stat. 3025, provided that:

“The amendments made by this subsection [amending this section and sections 9705 and 9706 of this title] shall apply to plan years of the Combined Fund beginning after September 30, 2006.”

Effective Date of 1994 Amendment

Amendment by Puspan. L. 103–296 effective Mar. 31, 1995, see section 110(a) of Puspan. L. 103–296, set out as a note under section 401 of Title 42, The Public Health and Welfare.