
From the U.S. Code Online via GPO Access
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[Laws in effect as of January 23, 2000]
[Document not affected by Public Laws enacted between
  January 23, 2000 and December 4, 2001]
[CITE: 45USC231f-1]

 
                           TITLE 45--RAILROADS
 
               CHAPTER 9--RETIREMENT OF RAILROAD EMPLOYEES
 
             SUBCHAPTER IV--RAILROAD RETIREMENT ACT OF 1974
 
Sec. 231f-1. Annual actuarial report

    As part of the annual report required under section 231u(a) of this 
title, the Railroad Retirement Board shall submit to the Congress a 
report on the actuarial status of the railroad retirement system under 
various economic and employment assumptions. Such report shall include 
any recommendation for financing changes which might be advisable, 
including--
        (1) any adjustment the Railroad Retirement Board recommends 
    regarding the rates of taxes imposed by sections 3201(b), 
    3211(a)(2), and 3221(b) of the Internal Revenue Code of 1986 [26 
    U.S.C. 3201(b), 3211(a)(2), 3221(b)], and
        (2) if there are sufficient reserves in the Railroad Retirement 
    Account, whether--
            (A) the rates of such taxes should be reduced, or
            (B) any part of the tax imposed by section 3221(b) of such 
        Code should be diverted to the Railroad Unemployment Insurance 
        Account to aid in the repayment of its debt to the Railroad 
        Retirement Account.

(Pub. L. 98-76, title V, Sec. 502, Aug. 12, 1983, 97 Stat. 440; Pub. L. 
99-514, Sec. 2, Oct. 22, 1986, 100 Stat. 2095; Pub. L. 104-66, title II, 
Sec. 2221(a), Dec. 21, 1995, 109 Stat. 733.)

                          Codification

    Section was enacted as part of the Railroad Retirement Solvency Act 
of 1983, and not as part of the Railroad Retirement Act of 1974 which 
comprises this subchapter.


                               Amendments

    1995--Pub. L. 104-66 which directed the amendment of this section by 
substituting ``As part of the annual report required under section 
231u(a) of this title'' for ``On or before July 1, 1985, and each 
calendar year thereafter'', was executed by making the substitution for 
``On or before July 1 of 1985, and of each calendar year thereafter'', 
to reflect the probable intent of Congress.
    1986--Par. (1). Pub. L. 99-514 substituted ``Internal Revenue Code 
of 1986'' for ``Internal Revenue Code of 1954''.
