US HB4035 | 2019-2020 | 116th Congress

Status

Spectrum: Slight Partisan Bill (Republican 6-2)
Status: Introduced on July 25 2019 - 25% progression
Action: 2019-07-25 - 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.
Pending: House Rules Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Pension and Budget Integrity Act of 2019 This bill prohibits certain provisions from being counted as an offset to determine budget points of order for legislation in the House of Representatives or the Senate. Specifically, a provision that increases or extends an increase of single-employer pension program premiums payable to the Pension Benefit Guaranty Corporation (PBGC) may not be counted as such an offset. (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

Pension and Budget Integrity Act of 2019

Sponsors


History

DateChamberAction
2019-07-25HouseReferred 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.
2019-07-25HouseReferred 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.
2019-07-25HouseIntroduced in House

Subjects


US Congress State Sources


Bill Comments

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