US HB3837 | 2013-2014 | 113th Congress

Status

Spectrum: Slight Partisan Bill (Republican 4-2)
Status: Introduced on January 9 2014 - 25% progression, died in committee
Action: 2014-06-13 - Referred to the Subcommittee on Health, Employment, Labor, and Pensions.
Pending: House Subcommittee on Health, Employment, Labor, and Pensions Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Vested Employee Pension Benefit Protection Act - Amends the Internal Revenue Code to allow employees in the building and construction industry to make distributions from their tax-exempt multi-employer pension plan at age 55 if they are not separated from employment at the time of such distributions and were participants in such plan on or before April 30, 2013, and the plan provides for payment of separate accrued benefits when the employee attains the plan's normal retirement age. Suspends payment of distributions for such building and construction industry employees if their multi-employer plan is in endangered or critical status.

Tracking Information

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Title

Vested Employee Pension Benefit Protection Act

Sponsors


History

DateChamberAction
2014-06-13HouseReferred to the Subcommittee on Health, Employment, Labor, and Pensions.
2014-01-09HouseReferred to House Education and the Workforce
2014-01-09HouseReferred to House Ways and Means
2014-01-09HouseReferred to the Committee on Ways and Means, and in addition to the Committee on Education and the Workforce, 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.

Same As/Similar To

SB838 (Related) 2013-04-25 - Read twice and referred to the Committee on Finance.

Subjects


US Congress State Sources


Bill Comments

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