US SB1272 | 2021-2022 | 117th Congress
Status
Spectrum: Bipartisan Bill
Status: Introduced on April 21 2021 - 25% progression, died in committee
Action: 2021-04-21 - Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S2125-2126; text: CR S2125-2126)
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on April 21 2021 - 25% progression, died in committee
Action: 2021-04-21 - Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S2125-2126; text: CR S2125-2126)
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Summary
A bill to amend the Internal Revenue Code of 1986 to promote retirement savings on behalf of small business employees by making improvements to SIMPLE retirement accounts and easing the transition from a SIMPLE plan to a 401(k) plan, and for other purposes.
Title
SIMPLE Plan Modernization Act
Sponsors
| Sen. Susan Collins [R-ME] | Sen. Mark Warner [D-VA] |
History
| Date | Chamber | Action |
|---|---|---|
| 2021-04-21 | Senate | Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S2125-2126; text: CR S2125-2126) |
Same As/Similar To
SB4808 (Related) 2022-09-08 - Placed on Senate Legislative Calendar under General Orders. Calendar No. 480.
Subjects
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/117th-congress/senate-bill/1272/all-info |
| Text | https://www.congress.gov/117/bills/s1272/BILLS-117s1272is.pdf |
