US SB2214 | 2019-2020 | 116th Congress
Status
Spectrum: Bipartisan Bill
Status: Introduced on July 23 2019 - 25% progression, died in committee
Action: 2019-07-23 - Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S5015-5016)
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on July 23 2019 - 25% progression, died in committee
Action: 2019-07-23 - Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S5015-5016)
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Amends the Internal Revenue Code to provide for the treatment of length of service award plans as eligible deferred compensation plans for retirement plan purposes. It also exempts such length of service award plans from requirements relating to employee pension benefit plans under the Employee Retirement Income Security Act (ERISA).
Title
Volunteer Emergency Services Recruitment and Retention Act of 2019
Sponsors
| Sen. Susan Collins [R-ME] | Sen. Benjamin Cardin [D-MD] |
History
| Date | Chamber | Action |
|---|---|---|
| 2019-07-23 | Senate | Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S5015-5016) |
Same As/Similar To
HB4036 (Same As) 2019-07-25 - Referred to the Committee on Ways and Means, and in addition to the Committee on 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
Emergency medical services and trauma care
Employee benefits and pensions
Fires
First responders and emergency personnel
Health personnel
Income tax deferral
Social work, volunteer service, charitable organizations
Taxation
Employee benefits and pensions
Fires
First responders and emergency personnel
Health personnel
Income tax deferral
Social work, volunteer service, charitable organizations
Taxation
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/116th-congress/senate-bill/2214/all-info |
| Text | https://www.congress.gov/116/bills/s2214/BILLS-116s2214is.pdf |
