The law › Title 29, Labor › Chapter 18
29 U.S.C. 1305: Pension benefit guaranty funds
Created in 1974 by Public Law 93-406. Changed by 7 later laws. No bill we track in this Congress changes it.
5 other sections of the Code cite this one, including 29 U.S.C. 1301, 29 U.S.C. 1302, 29 U.S.C. 1308, 29 U.S.C. 1322a, 29 U.S.C. 1361.
- past change
- enacted this Congress
- proposed
This Congress
No bill we track in the 119th Congress changes this section.
How it got here
2021
- Pub. L. 117–2 added subsec. (i). (American Rescue Plan Act of 2021) Law text · (i)
2014
- Pub. L. 113–235 designated existing provisions as subpar. (A) and added subpar. (B). (Consolidated and Further Continuing Appropriations Act, 2015) Law text · (b)
2012
- Pub. L. 112–141, §40234(b)(1)(A)(i), redesignated subpars. (B) to (G) as (A) to (F), respectively, and struck out former subpar. (A) which read as follows: "funds borrowed under subsection (c),". (Moving Ahead for Progress in the 21st Century Act" or the "MAP-21) Law text · (b)
- Pub. L. 112–141, §40234(b)(1)(A)(ii), redesignated subpars. (D) and (E) as (C) and (D), respectively, and struck out former subpar. (C) which read as follows: "to repay to the Secretary of the Treasury such sums as may be borrowed (together with interest thereon) under sub… (Moving Ahead for Progress in the 21st Century Act" or the "MAP-21) Law text · (b)
- Pub. L. 112–141, §40234(b)(1)(A)(iii), substituted period at end for "but, until all borrowings under subsection (c) have been repaid, the obligations in which such excess moneys are invested may not yield a rate of return in excess of the rate of interest payable on such borrowings… (Moving Ahead for Progress in the 21st Century Act" or the "MAP-21) Law text · (b)
- Pub. L. 112–141, §40234(a), struck out subsec. (c) which related to authority to issue notes or other obligations and purchase by Secretary of the Treasury as public debt transaction. (Moving Ahead for Progress in the 21st Century Act" or the "MAP-21) Law text · (c)
- Pub. L. 112–141, §40234(b)(1)(B), redesignated par. (3) as (2) and struck out former par. (2) which read as follows: "None of the funds borrowed under subsection (c) may be used to make loans to (or on behalf of) any fund other than a fund described in the second sentence of su… (Moving Ahead for Progress in the 21st Century Act" or the "MAP-21) Law text · (g), (3)
1994
- Pub. L. 103–465, which directed the amendment of subpar. (A) by inserting "or benefits payable under section 1350 of this title" after "section 1322a of this title", was executed by making the insertion after "section 1322 or 1322a of this title" to reflect the probable intent of… · (b)
1987
- Pub. L. 100–203, §9331(d), added subsec. (f). Former subsec. (f) redesignated (g). · (f)
- Pub. L. 100–203, §9331(d), redesignated former subsec. (f) as (g). Former subsec. (g) redesignated (h). · (g)
- Pub. L. 100–203, §9312(c)(4), struck out "or fiduciaries with respect to trusts to which the requirements of section 1349 of this title apply" after "money managers of the corporation". · (g)
- Pub. L. 100–203, §9331(d), redesignated former subsec. (g) as (h). · (h)
1986
- Pub. L. 99–272, §11016(a)(2), added subpar. (F) and redesignated former subpar. (F) as (G). · (b), (G)
- Pub. L. 99–272, §11016(a)(1), added subpar. (E). · (b)
- Pub. L. 99–272, §11016(c)(7), added subsec. (g). · (g)
1980
- Pub. L. 96–364, §403(a)(1), substituted provisions respecting benefits guaranteed under sections 1322 and 1322a of this title, for provisions respecting benefits guaranteed under sections 1322 and 1323 of this title. · (a)
- Pub. L. 96–364, §403(a)(2), (3), in subpar. (A) inserted reference to section 1322a of this title, struck out subpar. (B) relating to payments under section 1323 of this title, and redesignated former subpars. (C) to (E) as (B) to (D), respectively. · (b)
- Pub. L. 96–364, §403(a)(4), added subsecs. (d) to (f). · (d), (e), (f)
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.