the first plan year to which the election under paragraph (1) applies (and all shortfall amortization installments determined with respect to such bases) shall be reduced to zero under rules similar to the rules of subsection (c)(6). (ii) New shortfall amortization base Notwithstanding subsection (c)(3), the shortfall amortization base for the first plan year to which the election under paragraph (1) applies shall be the funding shortfall of such plan for such plan year (determined using the interest rates as modified under subparagraph (A)). (C) Determination of shortfall amortization installments (i) 30-year period Subparagraphs (A) and (B) of subsection (c)(2) shall be applied by substituting 30-plan-year for 7-plan-year each place it appears. (ii) No special election The election under subparagraph (D) of subsection (c)(2) shall not apply to any plan year to which the election under paragraph (1) applies. (D) Exemption from at-risk treatment Subsection (i) shall not apply. (4) Community newspaper plan For purposes of this subsection: (A) In general 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, either electronically or in printed form, 1 or more newspapers, (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, and (iii) is controlled, directly or indirectly— (I) by 1 or more persons residing primarily in a State in which the newspaper is published or distributed, (II) by a trust or trusts, 1 or more of which was created or organized in a State in which the newspaper is published or distributed, or (III) by a combination of persons described in subclauses (I) and (II). (B) Control A person shall be treated as controlled by another person if such other person possesses, directly or indirectly, the power to direct or cause the direction and management of such person