US SB1428 | 2019-2020 | 116th Congress
Status
Spectrum: Partisan Bill (Democrat 7-0)
Status: Introduced on May 13 2019 - 25% progression, died in committee
Action: 2019-05-13 - Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S2790; text: CR S2790)
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on May 13 2019 - 25% progression, died in committee
Action: 2019-05-13 - Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S2790; text: CR S2790)
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Allows certain employer-sponsored retirement plans to make matching contributions for an employee's student loan payments as if the loan payments were salary reduction contributions to the retirement plan.
Title
Retirement Parity for Student Loans Act
Sponsors
| Sen. Ron Wyden [D-OR] | Sen. Maria Cantwell [D-WA] | Sen. Benjamin Cardin [D-MD] | Sen. Sheldon Whitehouse [D-RI] |
| Sen. Sherrod Brown [D-OH] | Sen. Margaret Hassan [D-NH] | Sen. Gary Peters [D-MI] |
History
| Date | Chamber | Action |
|---|---|---|
| 2019-05-13 | Senate | Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S2790; text: CR S2790) |
Same As/Similar To
SB1431 (Related) 2019-05-13 - Read twice and referred to the Committee on Finance.
HB6276 (Same As) 2020-03-13 - Referred to the House Committee on Ways and Means.
HB8696 (Related) 2020-10-27 - Referred to the Committee on Ways and Means, and in addition to the Committees on Financial Services, and Education and Labor, 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.
HB6276 (Same As) 2020-03-13 - Referred to the House Committee on Ways and Means.
HB8696 (Related) 2020-10-27 - Referred to the Committee on Ways and Means, and in addition to the Committees on Financial Services, and Education and Labor, 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.
Subjects
Administrative law and regulatory procedures
Department of the Treasury
Employee benefits and pensions
Higher education
Income tax deferral
Student aid and college costs
Taxation
Wages and earnings
Department of the Treasury
Employee benefits and pensions
Higher education
Income tax deferral
Student aid and college costs
Taxation
Wages and earnings
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/116th-congress/senate-bill/1428/all-info |
| Text | https://www.congress.gov/116/bills/s1428/BILLS-116s1428is.pdf |
