community newspaper plan

Defined in 2 places across 2 titles of the United States Code.

The term “community newspaper plan” means a plan to which this section applies maintained as of December 31, 2018, by an employer which—

(i) maintains the plan on behalf of participants and beneficiaries with respect to employment in the trade or business of publishing 1 or more newspapers which were published by the employer at any time during the 11-year period ending on December 20, 2019,

(ii)

(I) is not a company the stock of which is publicly traded (on a stock exchange or in an over-the-counter market), and is not controlled, directly or indirectly, by such a company, or

(II) is controlled, directly, or indirectly, during the entire 30-year period ending on December 20, 2019, by individuals who are members of the same family, and does not publish or distribute a daily newspaper that is carrier-distributed in printed form in more than 5 States, and

(iii) is controlled, directly, or indirectly—

(I) by 1 or more persons residing primarily in a State in which the community newspaper has been published on newsprint or carrier-distributed,

(II) during the entire 30-year period ending on December 20, 2019, by individuals who are members of the same family,

(III) by 1 or more trusts, the sole trustees of which are persons described in subclause (I) or (II), or

(IV) by a combination of persons described in subclause (I), (II), or (III).

Source

2021–present 29 U.S.C. § 1083Labor · Minimum funding standards for single-employer defined benefit pension plans · for purposes of this section

The term "community newspaper plan" means a plan to which this section applies maintained by an employer which, as of December 31, 2017—

(i) publishes and distributes daily, either electronically or in printed form, 1 or more community newspapers in a single State,

(ii) is not a company the stock of which is publicly traded (on a stock exchange or in an over-the-counter market), and is not controlled, directly or indirectly, by such a company,

(iii) is controlled, directly or indirectly—

(I) by 1 or more persons residing primarily in the State in which the community newspaper is published,

(II) for not less than 30 years by individuals who are members of the same family,

(III) by a trust created or organized in the State in which the community newspaper is published, the sole trustees of which are persons described in subclause (I) or (II),

(IV) by an entity which is described in section 501(c)(3) and exempt from taxation under section 501(a), which is organized and operated in the State in which the community newspaper is published, and the primary purpose of which is to benefit communities in such State, or

(V) by a combination of persons described in subclause (I), (III), or (IV), and

(iv) does not control, directly or indirectly, any newspaper in any other State.

Source

2019–2021 26 U.S.C. § 430Internal Revenue Code · Minimum funding standards for single-employer defined benefit pension plans · for purposes of this section

The term “community newspaper plan” means a plan to which this section applies maintained by an employer which, as of December 31, 2017—

(i) publishes and distributes daily, either electronically or in printed form—

(I) a community newspaper, or

(II) 1 or more community newspapers in the same State,

(ii) is not a company the stock of which is publicly traded (on a stock exchange or in an over-the-counter market), and is not controlled, directly or indirectly, by such a company,

(iii) is controlled, directly or indirectly—

(I) by 1 or more persons residing primarily in the State in which the community newspaper is published,

(II) for not less than 30 years by individuals who are members of the same family,

(III) by a trust created or organized in the State in which the community newspaper is published, the sole trustees of which are persons described in subclause (I) or (II),

(IV) by an entity which is described in section 501(c)(3) of title 26 and exempt from taxation under section 501(a) of title 26, which is organized and operated in the State in which the community newspaper is published, and the primary purpose of which is to benefit communities in such State, or

(V) by a combination of persons described in subclause (I), (III), or (IV), and

(iv) does not control, directly or indirectly, any newspaper in any other State.

Source

2019–2021 29 U.S.C. § 1083Labor · Minimum funding standards for single-employer defined benefit pension plans · for purposes of this section

The term “community newspaper plan” means any plan to which this section applies maintained as of December 31, 2018, by an employer which—

(ii)

(I) is not a company the stock of which is publicly traded (on a stock exchange or in an over-the-counter market), and is not controlled, directly or indirectly, by such a company, or

(II) is controlled, directly or indirectly, during the entire 30-year period ending on December 20, 2019, by individuals who are members of the same family, and does not publish or distribute a daily newspaper that is carrier-distributed in printed form in more than 5 States, and

(iii) is controlled, directly or indirectly—

(I) by 1 or more persons residing primarily in a State in which the community newspaper has been published on newsprint or carrier-distributed,

(II) during the entire 30-year period ending on December 20, 2019, by individuals who are members of the same family,

(III) by 1 or more trusts, the sole trustees of which are persons described in subclause (I) or (II), or

(IV) by a combination of persons described in subclause (I), (II), or (III).

Source

2021–present 26 U.S.C. § 430Internal Revenue Code · Minimum funding standards for single-employer defined benefit pension plans · for purposes of this section