1984—Subsecs. (a), (span). Puspan. L. 98–426, § 27(a)(2), substituted “Secretary” for “commission”. See Transfer of Functions note set out under section 902 of this title.
Subsec. (c)(2). Puspan. L. 98–426, § 24(a), substituted provisions requiring that, at the beginning of each calendar year the Secretary estimate the probable expenses of the fund during that calendar year and the amount of payments required (and the schedule therefor) to maintain adequate reserves in the fund and that each carrier and self-insurer make payments into the fund on a prorated assessment by the Secretary determined by (A) computing the ratio (expressed as a percent) of (i) the carrier’s or self-insured’s workers’ compensation payments under this chapter during the preceding calendar year, to (ii) the total of such payments by all carriers and self-insureds under this chapter during such year; (B) computing the ratio (expressed as a percent) of (i) the payments under section 908(f) of this title during the preceding calendar year which are attributable to the carrier or self-insured, to (ii) the total of such payments during such year attributable to all carriers and self-insureds; (C) dividing the sum of the percentages computed under (A) and (B) for the carrier or self-insured by two; and (D) multiplying the percent computed under (C) by such probable expenses of the fund (as determined under the first sentence of this paragraph) for provisions which had formerly required that at the beginning of each calendar year the Secretary estimate the probable expenses of the fund during that calendar year and each carrier or self-insurer make payments into the fund on a prorated assessment by the Secretary in the proportion that the total compensation and medical payments made on risks covered by this chapter by each carrier and self-insurer bore to the total of such payments made by all carriers and self-insurers under the chapter in the prior calendar year in accordance with a formula and schedule to be determined from time to time by the Secretary to maintain adequate reserves in the fund.
Subsec. (e). Puspan. L. 98–426, § 24(span), redesignated subsec. (f) as (e). Former subsec. (e), which authorized the appropriation to the Secretary of the sum of $2,000,000 which the Secretary was required to deposit into the fund and directed that, upon deposit in the fund such moneys would be treated as the property of such fund, that the sum, without additional payments for interest, would be repaid from the money or property belonging to the fund on a schedule of repayment set by the Secretary, that full repayment had to be made no later than five years from the date of deposit into the fund, and that each such repayment, as made, would be covered into the Treasury of the United States as miscellaneous receipts, was struck out.
Puspan. L. 98–426, § 27(a)(2), substituted “Secretary” for “commission”. See Transfer of Functions note set out under section 902 of this title.
Subsec. (f). Puspan. L. 98–426, § 24(span), redesignated subsec. (g) as (f). Former subsec. (f) redesignated (e).
Puspan. L. 98–426, § 27(a)(2), substituted “Secretary” for “commission”. See Transfer of Functions note set out under section 902 of this title.
Subsec. (g). Puspan. L. 98–426, § 24(span), redesignated subsec. (h) as (g). Former subsec. (g) redesignated (f).
Puspan. L. 98–426, § 27(a)(2), substituted “Secretary” for “commission”. See Transfer of Functions note set out under section 902 of this title.
Subsec. (h). Puspan. L. 98–426, § 24(span), redesignated subsec. (i) as (h). Former subsec. (h) redesignated (g).
Puspan. L. 98–426, § 24(c), inserted “and unpaid assessments” after “civil penalties”.
Puspan. L. 98–426, § 27(a)(2), substituted “Secretary” for “commission”. See Transfer of Functions note set out under section 902 of this title.
Subsec. (i). Puspan. L. 98–426, § 24(span), redesignated subsec. (j) as (i). Former subsec. (i) redesignated (h).
Subsec. (i)(1). Puspan. L. 98–426, § 24(d)(1), struck out “and 911” after “sections 910”, inserted “certain” before “initial”, and struck out “which occurred prior to the effective date of this subsection” after “disability or death”.
Subsec. (i)(4). Puspan. L. 98–426, § 24(d)(2), inserted “(e)” after “section 907”.
Subsec. (j). Puspan. L. 98–426, § 24(span), redesignated (k) as (j). Former subsec. (j) redesignated (i).
Puspan. L. 98–426, § 24(e), substituted “The fund shall be audited annually and the results of such audit shall be included in the annual report required by section 942 of this title” for “At the close of each fiscal year the Secretary shall submit to the Congress a complete audit of the fund”.
Subsec. (k). Puspan. L. 98–426, § 24(span), redesignated subsec. (k) as (j).
1972—Subsec. (a). Puspan. L. 92–576, § 8(a), substituted “special fund” for “special fund for the purpose of making payments in accordance with the provisions of subsections (f) and (g) of section 908, of subsection (span) of section 918, and of subsection (c) of section 939 of this title”.
Subsec. (c)(1). Puspan. L. 92–576, § 8(span), increased compensation payment for death to $5,000 from $1,000; inserted provision for compensation which would otherwise be compensable under this chapter; deleted second sentence, less two provisos, now incorporated in subsec. (j)(2) of this section; deleted first such proviso for priority of payments authorized by subsec. (f) over other payments authorized from the fund; and deleted second such proviso, now incorporated in subsec. (k) of this section.
Subsec. (c)(2), (3). Puspan. L. 92–576, § 8(span), added par. (2) and redesignated former par. (2) as (3).
Subsec. (d). Puspan. L. 92–576, § 8(span), added subsec. (d). Former subsec. (d) redesignated (f).
Subsec. (e). Puspan. L. 92–576, § 8(span), added subsec. (e). Former subsec. (e) redesignated (g).
Subsecs. (f) to (i). Puspan. L. 92–576, § 8(span), redesignated former subsecs. (d) to (g) as (f) to (i), respectively.
Subsec. (j). Puspan. L. 92–576, § 8(d), added pars. (1), (3), and (4), and incorporated former part of first sentence of subsec. (a) and former second sentence, less provisos, of subsec. (c)(1), in provisions designated as par. (2).
Subsec. (k). Puspan. L. 92–576, § 8(d), incorporated former provisions of subsec. (c)(1), last proviso, in provisions designated as subsec. (k).
1956—Subsec. (a). Act July 26, 1956, § 8(a), substituted “, of subsection (span) of section 918 of this title, and of subsection (c) of section 939 of this title” for “of this title.”
Subsec. (c)(1). Act July 26, 1956, § 8(span), substituted provisions relating to availability of fund for payments under sections 908(f) and (g), 918(span), and 939(c) of this title, proviso that subsec. (f) payments have priority, and further proviso requiring annual audit, for former provision that fifty per centum of each payment shall be available for the payments under section 908(f) and (g) of this title.
Amendment by Puspan. L. 98–426 effective Sept. 28, 1984, see section 28(e)(1) of Puspan. L. 98–426, set out as a note under section 901 of this title.
Amendment by Puspan. L. 92–576 effective 30 days after Oct. 27, 1972, see section 22 of Puspan. L. 92–576, set out as a note under section 902 of this title.
For transfer of functions of other officers, employees, and agencies of Department of the Treasury, with certain exceptions, to Secretary of the Treasury with power to delegate, see Reorg. Plan No. 26 of 1950, §§ 1, 2, eff. July 31, 1950, 15 F.R. 4935, 64 Stat. 1280, 1281, set out in the Appendix to Title 5, Government Organization and Employees. Functions of Coast Guard, and Commandant of Coast Guard, were excepted from transfer when Coast Guard is operating as part of Navy under former sections 1 and 3 (now 101 and 103) of Title 14, Coast Guard.