US Congress House Bill 3656 (Prior Session Legislation)

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Spectrum: Bipartisan Bill
Status: Introduced on December 13 2011 - 25% progression, died in committee
Action: 2012-03-29 - Referred to the Subcommittee on Health, Employment, Labor, and Pensions.
Pending: House Subcommittee on Health, Employment, Labor, and Pensions Committee
Text: Latest bill text (Introduced) [PDF]

Retirement Savings Security Act of 2011 - Amends the Internal Revenue Code to provide for a qualified participant loan protection arrangement to allow a participant or beneficiary who receives any amount as a loan from an eligible retirement plan (i.e., a qualified trust, an annuity plan, or an annuity contract) the option to obtain protection against death and disability through: (1) a group insurance policy issued to the plan for the sole purpose of providing participant and beneficiary loan death and disability insurance, or (2) a debt protection product in which debt protection is provided through appropriate commercial contractual liability insurance.

Retirement Savings Security Act of 2011

Rep. Pete Sessions [R-TX]	Rep. Bruce Braley [D-IA]	Rep. Ralph Hall [R-TX]	Rep. Ruben Hinojosa [D-TX]
Rep. Tom Latham [R-IA]	Rep. Charles Rangel [D-NY]	Rep. Patrick Tiberi [R-OH]

Date	Chamber	Action
2012-03-29	House	Referred to the Subcommittee on Health, Employment, Labor, and Pensions.
2011-12-13	House	Referred to House Education and the Workforce
2011-12-13	House	Referred to House Ways and Means
2011-12-13	House	Referred to the Committee on Ways and Means, and in addition to the Committee on Education and the Workforce, 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.

Type	Source
Summary	https://www.congress.gov/bill/112th-congress/house-bill/3656/all-info
Text	https://www.congress.gov/112/bills/hr3656/BILLS-112hr3656ih.pdf