US SB5045 | 2019-2020 | 116th Congress
Status
Spectrum: Partisan Bill (Republican 2-0)
Status: Introduced on December 17 2020 - 25% progression, died in committee
Action: 2020-12-17 - Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S7592-7593; text: CR S7593-7634)
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on December 17 2020 - 25% progression, died in committee
Action: 2020-12-17 - Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S7592-7593; text: CR S7593-7634)
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Summary
A bill to amend the Internal Revenue Code of 1986 and the Employee Retirement Income Security Act of 1974 to reform the treatment of multiemployer plans, to ensure the ability of the Pension Benefit Guaranty Corporation to provide guaranteed benefits of retirees, and for other purposes.
Title
Chris Allen Multiemployer Pension Recapitalization and Reform Act of 2020
Sponsors
| Sen. Chuck Grassley [R-IA] | Sen. Lamar Alexander [R-TN] |
History
| Date | Chamber | Action |
|---|---|---|
| 2020-12-17 | Senate | Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S7592-7593; text: CR S7593-7634) |
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/116th-congress/senate-bill/5045/all-info |
| Text | https://www.congress.gov/116/bills/s5045/BILLS-116s5045is.pdf |
