WHAT THE LAW DOINCongress, in plain words

The law › Title 29, Labor › Chapter 18

29 U.S.C. 1302: Pension Benefit Guaranty Corporation

Created in 1974 by Public Law 93-406. Changed by 7 later laws. No bill we track in this Congress changes it.

2 other sections of the Code cite this one, including 29 U.S.C. 1301, 29 U.S.C. 1304.

45 parts of federal rules cite it as their authority, written by Pension Benefit Guaranty Corporation (45).

This Congress

No bill we track in the 119th Congress changes this section.

    How it got here

    2022

    • Pub. L. 117–286 substituted "Chapter 10 of title 5" for "The Federal Advisory Committee Act". Law text · (h)

    2012

    • Pub. L. 112–141, §40231(d), amended subsec. (c) generally. See Codification note above. (Moving Ahead for Progress in the 21st Century Act" or the "MAP-21) Law text · (c)
    • Pub. L. 112–141, §40231(a)(1), designated existing provisions as par. (1) and added pars. (2) to (7). (Moving Ahead for Progress in the 21st Century Act" or the "MAP-21) Law text · (d)
    • Pub. L. 112–141, §40231(a)(2), designated existing provisions as par. (1), substituted "the corporation, but in no case less than 4 times a year with not fewer than 2 members present. Not less than 1 meeting of the board of directors during each year shall be a joint meeting with the a… (Moving Ahead for Progress in the 21st Century Act" or the "MAP-21) Law text · (e)
    • Pub. L. 112–141, §40232(b), inserted at end "In the event of a vacancy or impending vacancy in the office of the Participant and Plan Sponsor Advocate established under section 1304 of this title, the Advisory Committee shall, in consultation with the Director of the corporation and… (Moving Ahead for Progress in the 21st Century Act" or the "MAP-21) Law text · (h)
    • Pub. L. 112–141, §40231(a)(3)(A), substituted ", (D)" for ", and (D)" and "time to time, and (E) other issues as determined appropriate by the advisory committee." for "time to time." (Moving Ahead for Progress in the 21st Century Act" or the "MAP-21) Law text · (h)
    • Pub. L. 112–141, §40231(a)(3)(B), inserted at end "Not less than 1 meeting of the advisory committee during each year shall be a joint meeting with the board of directors under subsection (e)." (Moving Ahead for Progress in the 21st Century Act" or the "MAP-21) Law text · (h)
    • Pub. L. 112–141, §40231(b), added subsec. (j). (Moving Ahead for Progress in the 21st Century Act" or the "MAP-21) Law text · (j)
    • Pub. L. 112–141, §40231(c), added subsec. (k). (Moving Ahead for Progress in the 21st Century Act" or the "MAP-21) Law text · (k)

    2006

    • Pub. L. 109–280 in introductory provisions substituted "In carrying out its functions under this subchapter, the corporation shall be administered by a Director, who shall be appointed by the President, by and with the advice and consent of the Senate, and who shall act in accordance w… (Pension Protection Act of 2006) Law text · (a)

    2002

    • Pub. L. 107–134 added subsec. (i). (Victims of Terrorism Tax Relief Act of 2001) Law text · (i)

    1989

    • Pub. L. 101–239 substituted "Internal Revenue Code of 1986" for "Internal Revenue Code of 1954", which for purposes of codification was translated as "title 26" thus requiring no change in text. · (g)

    1980

    • Pub. L. 96–364, §403(l), inserted provisions respecting bylaws, etc., to carry out this subchapter. · (b)
    • Pub. L. 96–364, §406(a), substituted provisions relating to inclusion of receipts and disbursements in United States budget totals and nonliability of United States for obligation or liability of corporation, for provisions relating to noninclusion of receipts and disbursements in U… · (g)

    1976

    • Pub. L. 94–455 exempted corporation from all taxation now or hereafter imposed by United States (other than taxes imposed under chapter 21 of title 26, relating to Federal Insurance Contributions Act, and chapter 23 of title 26, relating to Federal Unemployment Tax Act). · (g)

    Text, outline and history from the official U.S. Code (2024 edition) on GovInfo, published by the Office of the Law Revision Counsel. Changes made after that edition appear under This Congress.