US HB3596 | 2017-2018 | 115th Congress

Status

Spectrum: Slight Partisan Bill (Republican 99-38-1)
Status: Introduced on July 28 2017 - 25% progression, died in committee
Action: 2017-07-28 - Referred to the Committee on Education and the Workforce, and in addition to the Committees on Rules, and the Budget, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Pending: House Education And The Workforce Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Rightsizing Pension Premiums Act of 2017 This bill amends the Employee Retirement Income Security Act of 1974 (ERISA) to: (1) modify the formula that the Pension Benefit Guaranty Corporation (PBGC) uses to calculate the funded percentage of single-employer pension plans, and (2) reduce single-employer PBGC premiums for pension plans that are sponsored by certain small employers or have specified PBGC funded percentages. The bill also prohibits the budget effects of provisions that change PBGC premiums from being counted for the purposes of determining budget points of order for legislation in the House or the Senate. (The PBGC is a federal agency that insures the benefits of private sector, defined benefit pension plans. The PBGC is financed by insurance premiums paid by sponsors of the plans, investment income, assets from pension plans taken over by the PBGC, and recoveries from the companies formerly responsible for the plans.)

Tracking Information

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Title

Rightsizing Pension Premiums Act of 2017

Sponsors

Rep. Mike Kelly [R-PA]Rep. Ron Kind [D-WI]Rep. Collin Peterson [D-MN]Sen. Roger Marshall [R-KS]
Rep. Rodney Davis [R-IL]Rep. Steven Palazzo [R-MS]Rep. Patrick Tiberi [R-OH]Rep. Frank Lucas [R-OK]
Rep. David Rouzer [R-NC]Rep. Lacy Clay [D-MO]Rep. John Shimkus [R-IL]Rep. Ann Wagner [R-MO]
Rep. Sam Graves [R-MO]Rep. Darin LaHood [R-IL]Rep. Nydia Velazquez [D-NY]Rep. Alcee Hastings [D-FL]
Rep. Walter Jones [R-NC]Rep. Tom Emmer [R-MN]Rep. Gregg Harper [R-MS]Rep. Todd Rokita [R-IN]
Rep. Peter Roskam [R-IL]Rep. Jeff Fortenberry [R-NE]Rep. Joe Wilson [R-SC]Rep. Blaine Luetkemeyer [R-MO]
Rep. Darren Soto [D-FL]Rep. Jackie Walorski [R-IN]Rep. George Holding [R-NC]Rep. Susan Brooks [R-IN]
Rep. Kristi Noem [R-SD]Rep. Billy Long [R-MO]Rep. Scott DesJarlais [R-TN]Rep. Bill Huizenga [R-MI]
Rep. Paul Gosar [R-AZ]Rep. Alexander Mooney [R-WV]Rep. David Young [R-IA]Rep. Jason Smith [R-MO]
Rep. David Loebsack [D-IA]Rep. David Kustoff [R-TN]Rep. Gregory Meeks [D-NY]Rep. Ron Estes [R-KS]
Rep. Bob Gibbs [R-OH]Rep. Eddie Johnson [D-TX]Rep. Thomas Rooney [R-FL]Rep. Bill Posey [R-FL]
Rep. Trey Hollingsworth [R-IN]Rep. Ted Yoho [R-FL]Rep. John Ratcliffe [R-TX]Rep. Daniel Webster [R-FL]
Rep. Steve King [R-IA]Rep. Steve Russell [R-OK]Rep. Trent Kelly [R-MS]Rep. Ann Kuster [D-NH]
Rep. Bobby Rush [D-IL]Rep. Lou Barletta [R-PA]Rep. Rob Bishop [R-UT]Rep. Yvette Clarke [D-NY]
Rep. Matt Gaetz [R-FL]Rep. Chris Stewart [R-UT]Rep. Bradley Schneider [D-IL]Rep. Fred Upton [R-MI]
Rep. Vicente Gonzalez [D-TX]Rep. John Moolenaar [R-MI]Rep. Bennie Thompson [D-MS]Rep. Eliot Engel [D-NY]
Rep. Emanuel Cleaver [D-MO]Rep. Joyce Beatty [D-OH]Rep. Jim Banks [R-IN]Rep. Mia Love [R-UT]
Rep. Luke Messer [R-IN]Rep. Mike D. Rogers [R-AL]Rep. Bruce Westerman [R-AR]Rep. Robert Latta [R-OH]
Rep. Steve Womack [R-AR]Rep. Adrian Smith [R-NE]Sen. Kevin Cramer [R-ND]Rep. Karen Bass [D-CA]
Rep. Bill Johnson [R-OH]Rep. Al Lawson [D-FL]Rep. Steve Stivers [R-OH]Rep. Blake Farenthold [R-TX]
Rep. Vicky Hartzler [R-MO]Rep. Alma Adams [D-NC]Rep. Liz Cheney [R-WY]Rep. French Hill [R-AR]
Rep. Adam Kinzinger [R-IL]Rep. Jody Arrington [R-TX]Rep. Gus Bilirakis [R-FL]Rep. Grace Meng [D-NY]
Rep. Donald Payne [D-NJ]Rep. Tony Cardenas [D-CA]Rep. Earl Carter [R-GA]Rep. Greg Walden [R-OR]
Rep. Bradley Byrne [R-AL]Rep. Mike Bost [R-IL]Rep. Lynn Jenkins [R-KS]Rep. Larry Bucshon [R-IN]
Rep. Glenn Thompson [R-PA]Rep. Greg Gianforte [R-MT]Rep. Eric Crawford [R-AR]Rep. Stacey Plaskett [D-VI]
Rep. Kurt Schrader [D-OR]Rep. John Rutherford [R-FL]Rep. Don Bacon [R-NE]Rep. Drew Ferguson [R-GA]
Rep. Glenn Grothman [R-WI]Rep. Kevin Yoder [R-KS]Rep. Terri Sewell [D-AL]Rep. Neal Dunn [R-FL]
Rep. James Comer [R-KY]Rep. Julia Brownley [D-CA]Rep. Jack Bergman [R-MI]Rep. Cheri Bustos [D-IL]
Rep. Henry Johnson [D-GA]Rep. Timothy Walz [D-MN]Rep. Colleen Hanabusa [D-HI]Rep. Richard Hudson [R-NC]
Rep. Martha Roby [R-AL]Sen. Kyrsten Sinema [I-AZ]Rep. Barry Loudermilk [R-GA]Rep. Danny Davis [D-IL]
Rep. Tulsi Gabbard [D-HI]Rep. Barbara Comstock [R-VA]Rep. Michael Simpson [R-ID]Rep. Brian Mast [R-FL]
Rep. Anthony Brown [D-MD]Rep. Michael Burgess [R-TX]Rep. Michelle Lujan Grisham [D-NM]Rep. Jim Jordan [R-OH]
Rep. Stevan Pearce [R-NM]Rep. Scott Tipton [R-CO]Rep. Doug Lamborn [R-CO]Sen. Martha McSally [R-AZ]
Rep. Tom Rice [R-SC]Rep. G. Butterfield [D-NC]Rep. James Clyburn [D-SC]Rep. Mike Coffman [R-CO]
Rep. Ralph Norman [R-SC]Rep. Lamar Smith [R-TX]

History

DateChamberAction
2017-07-28HouseReferred to the Committee on Education and the Workforce, and in addition to the Committees on Rules, and the Budget, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
2017-07-28HouseReferred to the Committee on Education and the Workforce, and in addition to the Committees on Rules, and the Budget, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
2017-07-28HouseReferred to the Committee on Education and the Workforce, and in addition to the Committees on Rules, and the Budget, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
2017-07-28HouseIntroduced in House

Same As/Similar To

HB761 (Related) 2017-01-31 - Referred to the Committee on Rules, and in addition to the Committee on the Budget, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
SB270 (Related) 2017-02-01 - Read twice and referred to the Committee on the Budget.

Subjects


US Congress State Sources


Bill Comments

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