PUBLIC LAW 101-508 —NOV. 5. 1990 104 STAT. 1388-573 immediately after the transfer, and the current liabilities under the plan at the time of the transfer. " (C) AUTHORITY FOR ADDITIONAL REPORTING REQUIRE- MENTS.— The Secretary may prescribe such additional reporting requirements as may be necessary to carry out the purposes of this section. "(3) DEFINITIONS.—For purposes of paragraph (1), any term used in such paragraph which is also used in section 420 of the Internal Revenue Code of 1986 (as in effect on January 1, 1991) shall have the same meaning as when used in such section." (2) PENALTIES.— (A) Section 502(c)(l) of such Act (29 U.S.C. 1132(c)(l)) is amended by inserting "or section lOl(e)(l)" after "section 606". (B) Section 502(c)(3) of such Act (29 U.S.C. 1132(c)(3)) is amended— (i) by inserting "or who fails to meet the requirements of section 101(e)(2) with respect to any person" after "beneficiary" the first place it appears, and (ii) by inserting "or to such person" after "beneficiary' the second place it appears, (e) EFFECTIVE DATE. —The amendments made by this section shall 29 USC 1021 apply to qualified transfers under section 420 of the Internal Reve- "°*®- nue Code of 1986 made after the date of the enactment of this Act. Subtitle C—Premium Rates SEC. 12021. INCREASE IN PREMIUM RATES. (a) INCREASE IN BASIC PREMIUM.— (1) IN GENERAL.— Clause (i) of section 4006(a)(3)(A) of the Employee Retirement Income Security Act of 1974 (29 U.S.C. 1306(a)(3)(A)) is amended by striking '%r plan years beginning after December 31, 1987, an gimount equal to the sum of $16' and inserting "for plan years beginning after December 31, 1990, an amount equal to the sum of $19". (2) CONFORMING AMENDMENT.—Section 4006(c)(l)(A) of such Act (29 U.S.C. 1306(c)(l)(A)) is amended by adding at the end the following new clause: "(iv) with respect to each plan year beginning after December 31, 1987, and before January 1, 1991, an amount equal to $16 for each individual who was a participant in such plan during the plan year, and". (b) INCREASE IN ADDITIONAL PREMIUM. —Section 4006(a)(3)(E) of such Act (29 U.S.C. 1306(a)(3)(E)) is amended— (1) by striking "$6.00" in clause (ii) and inserting "$9.00", and (2) by striking "$34" in clause (ivXD and inserting "$53". (c) EFFECTIVE DATE. —The amendments made by this section shall 29 USC 1306 apply to plan years beginning after December 31, 1990. ^°^- TITLE XIII—BUDGET ENFORCEMENT iSement Act of 1990. SEC. 13001. SHORT TITLE; TABLE OF CONTENTS. (a) SHORT TITLE.—T h is title may be cited as the "Budget Enforce- 2 USC 900 note, ment Act of 1990". (b) TABLE OF CONTENTS. —
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