PUBLIC LAW 101-140—NOV. 8, 1989 103 STAT. 833 (D) Section 129(d)(8) (as redesignated by subparagraph 26 USC 129 note. (A)) shall apply to plan years beginning after December 31, 1989. (b) LINE OF BUSINESS TEST.— 26 USC 414 note. (1) APPLICATION OF LINE OF BUSINESS TEST FOR PERIOD BEFORE GUIDELINES ISSUED. —In the case of any plan year beginning on or before the date the Secretary of the Treasury or his delegate issues guidelines and begins issuing determinations under sec- tion 414(r)(2)(C) of the Internal Revenue Code of 1986, an em- ployer shall be treated as operating separate lines of business if the employer reasonably determines that it meets the require- ments of section 414(r) (other than paragraph (2)(C) thereof) of such Code. (2) DEPENDENT CARE. —Paragraph (1) of section 414(r) is amended by striking "section 410(b)" and inserting "sections 129(d)(8) and 410(b)". (c) GROUP-TERM LIFE INSURANCE. —Paragraph (7) of section 505(b) (relating to $200,000 compensation limit) is amended by adding at the end thereof the following new sentence: "This paragraph shall not applv in determining whether the requirements of section 79(d) are met.' (d) EFFECTIVE DATES,— (1) The amendments made by subsections (a)(1), (a)(2), and 26 USC 129 note. (b)(2) shall apply to years beginning after December 31, 1988. (2) The amendments made by subsection (a)(3) shall apply to 26 USC 129 note, plan years beginning after December 31, 1989. (3) The provisions of subsection (b)(1) shall apply to years 26 USC 414 note. beginning after December 31, 1986. (4) The amendment made by subsection (c) shall take effect as 26 USC 505 note, if included in the amendment made by section 1011B(a)(32) of the Technical and Miscellaneous Revenue Act of 1988. TITLE III—RESTORATION OF TRUST FUNDS SEC..301. RESTORATION OF TRUST FUNDS. 31 USC 3101 (a) IN GENERAL.— (1) OBLIGATIONS ISSUED.— Except as provided in subsection (b), within 30 days after the expiration of any debt issuance suspen- sion period to which this section applies, the Secretary of the Treasury shall issue to each Federal fund obligations under chapter 31 of title 31, United States Code, which bear such issue dates, interest rates, and maturity dates as are necessary to ensure that, after such obligations are issued, the holdings of such Federal fund will replicate to the maximum extent prac- ticable the obligations that would have been held by such Federal fund if any— (A) failure to invest amounts in such Federal fund (or any disinvestment) resulting from the limitation of section 3101(b) of title 31, United States Code, had not occurred.
�
