US Code

Public Law 119-73 (01/23/2026)

29 U.S.C. § 1222

Duties

(a)
The Joint Pension, Profit-Sharing, and Employee Stock Ownership Plan Task Force shall, within 24 months after , make a full study and review of—
(1)
section 411 of title 26section 1053 of this title the effect of the requirements of and of to determine the extent of discrimination, if any, among employees in various age groups resulting from the application of such requirements;
(2)
means of providing for the portability of pension rights among different pension plans;
(3)
the appropriate treatment under subchapter III of this chapter (relating to termination insurance) of plans established and maintained by small employers;
(4)
section 4975(e)(7) of title 26section 1107(d)(6) of this title the broadening of stock ownership, particularly with regard to employee stock ownership plans (as defined in and ) and all other alternative methods for broadening stock ownership to the American labor force and others;
(5)
the effects and desirability of the Federal preemption of State and local law with respect to matters relating to pension and similar plans; and
(6)
section 1221 of this title such other matter as any of the committees referred to in may refer to it.
(b)
section 1221 of this title The Joint Pension, Profit-Sharing, and Employee Stock Ownership Plan Task Force shall report the results of its study and review to each of the committees referred to in .

Pub. L. 93–406, title III, § 302288 Stat. 999Pub. L. 94–455, title VIII, § 803(i)(1)90 Stat. 1590Pub. L. 101–239, title VII, § 7891(a)(1)103 Stat. 2445(, , ; , (2)(A)(iii), , , 1591; , , .)

Editorial Notes

Amendments

Pub. L. 101–2391989—Subsec. (a)(1), (4). substituted “Internal Revenue Code of 1986” for “Internal Revenue Code of 1954”, which for purposes of codification was translated as “title 26” thus requiring no change in text.

Pub. L. 94–455, § 803(i)(1)1976—Subsec. (a). , (2)(A)(iii), substituted “Joint Pension, Profit-Sharing, and Employee Stock Ownership Plan Task Force” for “Joint Pension Task Force” in provision preceding par. (1), redesignated pars. (4) and (5) as (5) and (6), respectively, and added par. (4).

Pub. L. 94–455, § 803(i)(2)(A)(iii)Subsec. (b). , substituted “Joint Pension, Profit-Sharing, and Employee Stock Ownership Plan Task Force” for “Joint Pension Task Force”.

Statutory Notes and Related Subsidiaries

Effective Date of 1989 Amendment

Pub. L. 101–239Pub. L. 99–514section 7891(f) of Pub. L. 101–239section 1002 of this titleAmendment by effective, except as otherwise provided, as if included in the provision of the Tax Reform Act of 1986, , to which such amendment relates, see , set out as a note under .