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DOL/EBSA RIN: 1210-AA58 Publication ID: Fall 1999 
Title: Limitation of Liability for Insurers and Others Under Part 4 of Title I of ERISA and Section 4975 of the Internal Revenue Code 
Abstract: Section 1460 of the Small Business Job Protection Act of 1991 (Public Law 104-188) amended ERISA section 401 to limit the liability of insurers and others under part 4 of title I of ERISA and section 4975 of the Internal Revenue Code with regard to certain policies or contracts issued to or for the benefit of employee benefit plans which are supported by assets in the insurers' general accounts. Subsection 401(c) specifies the timetable by which the Secretary must issue regulatory guidance concerning this provision. 
Agency: Department of Labor(DOL)  Priority: Other Significant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Final Rule Stage 
Major: No  Unfunded Mandates: No 
CFR Citation: 29 CFR 2550.401(c-1)    29 CFR 2510.3-101   
Legal Authority: PL 104-188, Sec 1460    29 USC 1101(c)(1)    29 USC 1135    29 USC 1021   
Legal Deadline:
Action Source Description Date
NPRM  Statutory  Per Section 734 of ERISA as added by Section 101 of HIPAA Per Section 707 of ERISA as added by Section 101 of HIPAA.  06/30/1997 
Other  Statutory  Per Section 734 of ERISA as added by Section 101 of HIPAA Per Section 707 of ERISA as added by Section 101 of HIPAA. Specifies 6/30/99 as latest date for the regulation to take effect. Regulation not  09/30/1997 
Final  Statutory  Per Section 734 of ERISA as added by Section 101 of HIPAA Per Section 707 of ERISA as added by Section 101 of HIPAA. Specifies 6/30/99 as latest date for the regulation to take effect. Regulation not  12/31/1997 
Timetable:
Action Date FR Cite
Request for Information  11/25/1996  61 FR 59845   
NPRM  12/22/1997  62 FR 66908   
NPRM Comment Period End  03/23/1998    
Final Action  11/00/1999    
Regulatory Flexibility Analysis Required: Yes  Government Levels Affected: None 
Small Entities Affected: Businesses 
Included in the Regulatory Plan: No 
Agency Contact:
Ivan L. Strasfeld
Director, of Exemption Determinations
Department of Labor
Employee Benefits Security Administration
Room N5649, 200 Constitution Avenue NW, FP Building,
Washington, DC 20210
Phone:202 219-8194