[Congressional Bills 107th Congress]
[From the U.S. Government Publishing Office]
[H.R. 2559 Engrossed in House (EH)]


  1st Session

                               H. R. 2559

_______________________________________________________________________

                                 AN ACT

To amend chapter 90 of title 5, United States Code, relating to Federal 
                       long-term care insurance.
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
107th CONGRESS
  1st Session
                                H. R. 2559

_______________________________________________________________________

                                 AN ACT


 
To amend chapter 90 of title 5, United States Code, relating to Federal 
                       long-term care insurance.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. DEFINITION OF AN ANNUITANT.

    Paragraph (2) of section 9001 of title 5, United States Code, is 
amended to read as follows:
            ``(2) Annuitant.--The term `annuitant' means--
                    ``(A) any individual who would satisfy the 
                requirements of paragraph (3) of section 8901 if, for 
                purposes of such paragraph, the term `employee' were 
                considered to have the meaning given to it under 
                paragraph (1) of this subsection; and
                    ``(B) any individual who--
                            ``(i) satisfies all requirements for title 
                        to an annuity under subchapter III of chapter 
                        83, chapter 84, or any other retirement system 
                        for employees of the Government (whether based 
                        on the service of such individual or 
                        otherwise), and files application therefor;
                            ``(ii) is at least 18 years of age; and
                            ``(iii) would not (but for this 
                        subparagraph) otherwise satisfy the 
                        requirements of this paragraph.''.

SEC. 2. PREEMPTION.

    Section 9005 of title 5, United States Code, is amended--
            (1) by inserting ``(a) Contractual Provisions.--'' before 
        ``The''; and
            (2) by adding at the end the following:
    ``(b) Premiums.--
            ``(1) In general.--No tax, fee, or other monetary payment 
        may be imposed or collected, directly or indirectly, by any 
        State, the District of Columbia, or the Commonwealth of Puerto 
        Rico, or by any political subdivision or other governmental 
        authority thereof, on, or with respect to, any premium paid for 
        an insurance policy under this chapter.
            ``(2) Rule of construction.--Paragraph (1) shall not be 
        construed to exempt any company or other entity issuing a 
        policy of insurance under this chapter from the imposition, 
        payment, or collection of a tax, fee, or other monetary payment 
        on the net income or profit accruing to or realized by such 
        entity from business conducted under this chapter, if that tax, 
        fee, or payment is applicable to a broad range of business 
        activity.''.

SEC. 3. EFFECTIVE DATE.

    The amendments made by this Act shall take effect as if included in 
the enactment of section 1002 of the Long-Term Care Security Act 
(Public Law 106-265; 114 Stat. 762).

            Passed the House of Representatives October 30, 2001.

            Attest:

                                                                 Clerk.