[Congressional Bills 107th Congress]
[From the U.S. Government Publishing Office]
[H.R. 2559 Enrolled Bill (ENR)]
H.R.2559
One Hundred Seventh Congress
of the
United States of America
AT THE FIRST SESSION
Begun and held at the City of Washington on Wednesday,
the third day of January, two thousand and one
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).
Speaker of the House of Representatives.
Vice President of the United States and
President of the Senate.