Details of Public Law 117-2, section 9701 , Temporary Delay of Designation of Multiemployer Plans as in Endangered, Critical, or Critical and Declining Status

California automatically conforms to IRC sections 412 and 432 under RTC section 17501(b), including this section’s temporary delay of the designation of multiemployer plans as in endangered, critical, or critical and declining status. However, California does not conform to IRC section 4971 regarding the taxes on failure to meet minimum funding standards.