text: SECTION 1. SHORT TITLE.
  
      This Act may be cited as the ``Miners Pension Protection Act''.
  
  SEC. 2. TRANSFERS TO 1974 UMWA PENSION PLAN.
  
      (a) In General.--Subsection (i) of section 402 of the Surface 
  Mining Control and Reclamation Act of 1977 (30 U.S.C. 1232), as amended 
  by the Further Continuing and Security Assistance Appropriations Act, 
  2017, is amended--
              (1) by redesignating paragraph (4) as paragraph (5); and
              (2) by inserting after paragraph (3) the following:
              ``(4) Additional amounts.--
                      ``(A) Calculation.--If the dollar limitation 
                  specified in paragraph (3)(A) exceeds the aggregate 
                  amount required to be transferred under paragraphs (1) 
                  and (2) for a fiscal year, the Secretary of the 
                  Treasury shall transfer an additional amount equal to 
                  the difference between such dollar limitation and such 
                  aggregate amount to the trustees of the 1974 UMWA 
                  Pension Plan to pay benefits required under that plan.
                      ``(B) Cessation of transfers.--The transfers 
                  described in subparagraph (A) shall cease as of the 
                  first fiscal year beginning after the first plan year 
                  for which the funded percentage (as defined in section 
                  432(i)(2) of the Internal Revenue Code of 1986) of the 
                  1974 UMWA Pension Plan is at least 100 percent.
                      ``(C) Prohibition on benefit increases, etc.--
                  During a fiscal year in which the 1974 UMWA Pension 
                  Plan is receiving transfers under subparagraph (A), no 
                  amendment of such plan which increases the liabilities 
                  of the plan by reason of any increase in benefits, any 
                  change in the accrual of benefits, or any change in the 
                  rate at which benefits become nonforfeitable under the 
                  plan may be adopted unless the amendment is required as 
                  a condition of qualification under part I of subchapter 
                  D of chapter 1 of the Internal Revenue Code of 1986.
                      ``(D) Treatment of transfers for purposes of 
                  withdrawal liability under erisa.--The amount of any 
                  transfer made under subparagraph (A) (and any earnings 
                  attributable thereto) shall be disregarded in 
                  determining the unfunded vested benefits of the 1974 
                  UMWA Pension Plan and the allocation of such unfunded 
                  vested benefits to an employer for purposes of 
                  determining the employer's withdrawal liability under 
                  section 4201 of the Employee Retirement Income Security 
                  Act of 1974.
                      ``(E) Requirement to maintain contribution rate.--A 
                  transfer under subparagraph (A) shall not be made for a 
                  fiscal year unless the persons that are obligated to 
                  contribute to the 1974 UMWA Pension Plan on the date of 
                  the transfer are obligated to make the contributions at 
                  rates that are no less than those in effect on the date 
                  which is 30 days before the date of enactment of the 
                  Miners Pension Protection Act.
                      ``(F) Enhanced annual reporting.--
                              ``(i) In general.--Not later than the 90th 
                          day of each plan year beginning after the date 
                          of enactment of the Miners Pension Protection 
                          Act, the trustees of the 1974 UMWA Pension Plan 
                          shall file with the Secretary of the Treasury 
                          or the Secretary's delegate and the Pension 
                          Benefit Guaranty Corporation a report 
                          (including appropriate documentation and 
                          actuarial certifications from the plan actuary, 
                          as required by the Secretary of the Treasury or 
                          the Secretary's delegate) that contains--
                                      ``(I) whether the plan is in 
                                  endangered or critical status under 
                                  section 305 of the Employee Retirement 
                                  Income Security Act of 1974 and section 
                                  432 of the Internal Revenue Code of 
                                  1986 as of the first day of such plan 
                                  year;
                                      ``(II) the funded percentage (as 
                                  defined in section 432(i)(2) of such 
                                  Code) as of the first day of such plan 
                                  year, and the underlying actuarial 
                                  value of assets and liabilities taken 
                                  into account in determining such 
                                  percentage;
                                      ``(III) the market value of the 
                                  assets of the plan as of the last day 
                                  of the plan year preceding such plan 
                                  year;
                                      ``(IV) the total value of all 
                                  contributions made during the plan year 
                                  preceding such plan year;
                                      ``(V) the total value of all 
                                  benefits paid during the plan year 
                                  preceding such plan year;
                                      ``(VI) cash flow projections for 
                                  such plan year and either the 6 or 10 
                                  succeeding plan years, at the election 
                                  of the trustees, and the assumptions 
                                  relied upon in making such projections;
                                      ``(VII) funding standard account 
                                  projections for such plan year and the 
                                  9 succeeding plan years, and the 
                                  assumptions relied upon in making such 
                                  projections;
                                      ``(VIII) the total value of all 
                                  investment gains or losses during the 
                                  plan year preceding such plan year;
                                      ``(IX) any significant reduction in 
                                  the number of active participants 
                                  during the plan year preceding such 
                                  plan year, and the reason for such 
                                  reduction;
                                      ``(X) a list of employers that 
                                  withdrew from the plan in the plan year 
                                  preceding such plan year, and the 
                                  resulting reduction in contributions;
                                      ``(XI) a list of employers that 
                                  paid withdrawal liability to the plan 
                                  during the plan year preceding such 
                                  plan year and, for each employer, a 
                                  total assessment of the withdrawal 
                                  liability paid, the annual payment 
                                  amount, and the number of years 
                                  remaining in the payment schedule with 
                                  respect to such withdrawal liability;
                                      ``(XII) any material changes to 
                                  benefits, accrual rates, or 
                                  contribution rates during the plan year 
                                  preceding such plan year;
                                      ``(XIII) any scheduled benefit 
                                  increase or decrease in the plan year 
                                  preceding such plan year having a 
                                  material effect on liabilities of the 
                                  plan;
                                      ``(XIV) details regarding any 
                                  funding improvement plan or 
                                  rehabilitation plan and updates to such 
                                  plan;
                                      ``(XV) the number of participants 
                                  and beneficiaries during the plan year 
                                  preceding such plan year who are active 
                                  participants, the number of 
                                  participants and beneficiaries in pay 
                                  status, and the number of terminated 
                                  vested participants and beneficiaries;
                                      ``(XVI) the information contained 
                                  on the most recent annual funding 
                                  notice submitted by the plan under 
                                  section 101(f) of the Employee 
                                  Retirement Income Security Act of 1974;
                                      ``(XVII) the information contained 
                                  on the most recent Department of Labor 
                                  Form 5500 of the plan; and
                                      ``(XVIII) copies of the plan 
                                  document and amendments, other 
                                  retirement benefit or ancillary benefit 
                                  plans relating to the plan and 
                                  contribution obligations under such 
                                  plans, a breakdown of administrative 
                                  expenses of the plan, participant 
                                  census data and distribution of 
                                  benefits, the most recent actuarial 
                                  valuation report as of the plan year, 
                                  copies of collective bargaining 
                                  agreements, and financial reports, and 
                                  such other information as the Secretary 
                                  of the Treasury or the Secretary's 
                                  delegate, in consultation with the 
                                  Secretary of Labor and the Director of 
                                  the Pension Benefit Guaranty 
                                  Corporation, may require.
                              ``(ii) Electronic submission.--The report 
                          required under clause (i) shall be submitted 
                          electronically.
                              ``(iii) Information sharing.--The Secretary 
                          of the Treasury or the Secretary's delegate 
                          shall share the information in the report under 
                          clause (i) with the Secretary of Labor.
                              ``(iv) Penalty.--Any failure to file the 
                          report required under clause (i) on or before 
                          the date described in such clause shall be 
                          treated as a failure to file a report required 
                          to be filed under section 6058(a) of the 
                          Internal Revenue Code of 1986, except that 
                          section 6652(e) of such Code shall be applied 
                          with respect to any such failure by 
                          substituting `$100' for `$25'. The preceding 
                          sentence shall not apply if the Secretary of 
                          the Treasury or the Secretary's delegate 
                          determines that reasonable diligence has been 
                          exercised by the trustees of such plan in 
                          attempting to timely file such report.
                      ``(G) 1974 umwa pension plan defined.--For purposes 
                  of this paragraph, the term `1974 UMWA Pension Plan' 
                  has the meaning given the term in section 9701(a)(3) of 
                  the Internal Revenue Code of 1986, but without regard 
                  to the limitation on participation to individuals who 
                  retired in 1976 and thereafter.''.
      (b) Effective Dates.--
              (1) In general.--The amendments made by this section shall 
          apply to fiscal years beginning after September 30, 2016.
              (2) Reporting requirements.--Section 402(i)(4)(F) of the 
          Surface Mining Control and Reclamation Act of 1977 (30 U.S.C. 
          1232(i)(4)(F)), as added by this section, shall apply to plan 
          years beginning after the date of the enactment of this Act.
  
  SEC. 3. CUSTOMS USER FEES.
  
      (a) In General.--Section 13031(j)(3)(A) of the Consolidated Omnibus 
  Budget Reconciliation Act of 1985 (19 U.S.C. 58c(j)(3)(A)), as amended 
  by section 105(a) of the Health Benefits for Miners Act of 2017, is 
  amended by striking ``January 14, 2026'' and inserting ``May 13, 
  2026''.
      (b) Rate for Merchandise Processing Fees.--Section 503 of the 
  United States-Korea Free Trade Agreement Implementation Act (Public Law 
  112-41; 19 U.S.C. 3805 note), as amended by section 105(b) of the 
  Health Benefits for Miners Act of 2017, is amended by striking 
  ``January 14, 2026'' and inserting ``May 13, 2026''.
target: Miners Pension Protection Act  This bill amends the Surface Mining Control and Reclamation Act of 1977 (SMCRA) to transfer certain funds to the 1974 United Mine Workers of America (UMWA) Pension Plan to provide pension benefits to retired coal miners and their families.  The Department of the Treasury must transfer additional funds to the 1974 UMWA Pension Plan to pay pension benefits required under that plan if the amounts available for transfer under SMCRA's $490 million annual limit exceed the amounts required to be transferred for other purposes (including to the UMWA Health Plans).  The bill also: (1) prohibits the pension plan from making certain changes to benefits during any year in which a transfer is received, and (2) establishes additional reporting requirements for the plan. As an offset, the bill amends the Consolidated Omnibus Budget Reconciliation Act of 1985 to extend the authority of Treasury to collect certain customs user fees. 
feat_title: Miners Pension Protection Act