Legis Daily

Securing a Strong Retirement Act of 2022

USA117th CongressHR-2954| House 
| Updated: 3/30/2022
Richard E. Neal

Richard E. Neal

Democratic Representative

Massachusetts

Cosponsors (103)
Dwight Evans (Democratic)David Schweikert (Republican)Al Lawson (Democratic)Kim Schrier (Democratic)Stacey E. Plaskett (Democratic)Steve Chabot (Republican)Barry Moore (Republican)Nikema Williams (Democratic)Adrian Smith (Republican)David Kustoff (Republican)Tom O'Halleran (Democratic)Tom Cole (Republican)Frank D. Lucas (Republican)Chris Pappas (Democratic)Devin Nunes (Republican)Jake LaTurner (Republican)Guy Reschenthaler (Republican)Ashley Hinson (Republican)Stephanie N. Murphy (Democratic)Don Young (Republican)James R. Langevin (Democratic)David N. Cicilline (Democratic)Ed Case (Democratic)Brian Higgins (Democratic)Gregory F. Murphy (Republican)Joe Courtney (Democratic)Darin LaHood (Republican)C. A. Dutch Ruppersberger (Democratic)Kevin Brady (Republican)David Scott (Democratic)Brad R. Wenstrup (Republican)Beth Van Duyne (Republican)Terri A. Sewell (Democratic)Jackie Walorski (Republican)Gregorio Kilili Camacho Sablan (Democratic)Steven Horsford (Democratic)Jimmy Panetta (Democratic)Dina Titus (Democratic)Kathy E. Manning (Democratic)Katherine M. Clark (Democratic)Suzan K. DelBene (Democratic)Jerry L. Carl (Republican)Angie Craig (Democratic)Thomas R. Suozzi (Democratic)Danny K. Davis (Democratic)Daniel T. Kildee (Democratic)J. French Hill (Republican)Maria Elvira Salazar (Republican)Jason Smith (Republican)Lloyd Smucker (Republican)Ann M. Kuster (Democratic)Sean Patrick Maloney (Democratic)A. Drew Ferguson (Republican)Daniel Meuser (Republican)Brendan F. Boyle (Democratic)John B. Larson (Democratic)Carol D. Miller (Republican)Jodey C. Arrington (Republican)Jim Cooper (Democratic)Jake Ellzey (Republican)Elaine G. Luria (Democratic)Ann Wagner (Republican)Mike Kelly (Republican)Tom Rice (Republican)Mike D. Rogers (Republican)David E. Price (Democratic)Raja Krishnamoorthi (Democratic)Alma S. Adams (Democratic)Ron Estes (Republican)Josh Harder (Democratic)Blake D. Moore (Republican)Scott Fitzgerald (Republican)Joe Neguse (Democratic)Mark E. Amodei (Republican)Cynthia Axne (Democratic)Donald S. Beyer (Democratic)David G. Valadao (Republican)Ron Kind (Democratic)Debbie Lesko (Republican)Marie Newman (Democratic)John W. Rose (Republican)Tom Emmer (Republican)Earl Blumenauer (Democratic)Tom Reed (Republican)Deborah K. Ross (Democratic)Randy Feenstra (Republican)Lori Trahan (Democratic)Mike Thompson (Democratic)Kevin Hern (Republican)Burgess Owens (Republican)Linda T. Sánchez (Democratic)Ed Perlmutter (Democratic)Gwen Moore (Democratic)Jimmy Gomez (Democratic)Bradley Scott Schneider (Democratic)Kweisi Mfume (Democratic)Tracey Mann (Republican)Jaime Herrera Beutler (Republican)Lloyd Doggett (Democratic)Bill Pascrell (Democratic)Fred Keller (Republican)Vern Buchanan (Republican)Judy Chu (Democratic)

Ways and Means Committee, Finance Committee, Financial Services Committee, Education and Workforce Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Securing a Strong Retirement Act of 2022 This bill makes various changes with respect to employer-sponsored retirement plans, including providing for the automatic enrollment of employees in certain plans and increasing the age at which participants are required to begin receiving mandatory distributions.

Bill Text Versions

View Text
4 versions available

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline

Bill from Previous Congress

HR 116-8696
Securing a Strong Retirement Act of 2020
May 4, 2021
Introduced in House
May 4, 2021
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.
May 5, 2021
Ordered to be Reported in the Nature of a Substitute (Amended) by Voice Vote.
May 5, 2021
Committee Consideration and Mark-up Session Held.
Mar 29, 2022
Placed on the Union Calendar, Calendar No. 210.
Mar 29, 2022
Committee on Financial Services discharged.
Mar 29, 2022
Reported (Amended) by the Committee on Ways and Means. H. Rept. 117-283, Part I.
Mar 29, 2022
Committee on Education and Labor discharged.
Mar 29, 2022
Mr. Neal moved to suspend the rules and pass the bill, as amended.
Mar 29, 2022
UNANIMOUS CONSENT - Mr. Neal asked unanimous consent that debate under clause 1(c) of rule 15 on a motion to suspend the rules and pass H.R. 2954, as amended be extended to eighty minutes of debate. Agreed to without objection.
Mar 29, 2022
Considered under suspension of the rules. (consideration: CR H3925-3950)
Mar 29, 2022
DEBATE - The House proceeded with eighty minutes of debate on H.R. 2954.
Mar 29, 2022
At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.
Mar 29, 2022
Considered as unfinished business. (consideration: CR H3951-3952)
Mar 29, 2022
On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 414 - 5 (Roll no. 86). (text: CR H3925-3939)
View Vote
Mar 29, 2022
Motion to reconsider laid on the table Agreed to without objection.
Mar 30, 2022
Received in the Senate and Read twice and referred to the Committee on Finance.
  • Bill from Previous Congress

    HR 116-8696
    Securing a Strong Retirement Act of 2020


  • May 4, 2021
    Introduced in House


  • May 4, 2021
    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.


  • May 5, 2021
    Ordered to be Reported in the Nature of a Substitute (Amended) by Voice Vote.


  • May 5, 2021
    Committee Consideration and Mark-up Session Held.


  • March 29, 2022
    Placed on the Union Calendar, Calendar No. 210.


  • March 29, 2022
    Committee on Financial Services discharged.


  • March 29, 2022
    Reported (Amended) by the Committee on Ways and Means. H. Rept. 117-283, Part I.


  • March 29, 2022
    Committee on Education and Labor discharged.


  • March 29, 2022
    Mr. Neal moved to suspend the rules and pass the bill, as amended.


  • March 29, 2022
    UNANIMOUS CONSENT - Mr. Neal asked unanimous consent that debate under clause 1(c) of rule 15 on a motion to suspend the rules and pass H.R. 2954, as amended be extended to eighty minutes of debate. Agreed to without objection.


  • March 29, 2022
    Considered under suspension of the rules. (consideration: CR H3925-3950)


  • March 29, 2022
    DEBATE - The House proceeded with eighty minutes of debate on H.R. 2954.


  • March 29, 2022
    At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.


  • March 29, 2022
    Considered as unfinished business. (consideration: CR H3951-3952)


  • March 29, 2022
    On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 414 - 5 (Roll no. 86). (text: CR H3925-3939)
    View Vote


  • March 29, 2022
    Motion to reconsider laid on the table Agreed to without objection.


  • March 30, 2022
    Received in the Senate and Read twice and referred to the Committee on Finance.

Labor and Employment

Related Bills

  • S 117-1703: Improving Access to Retirement Savings Act
  • HR 117-2953: SAFER Act
  • HR 117-2917: Retirement Parity for Student Loans Act of 2021
  • S 117-5125: Family Attribution Modernization Act
  • HR 117-2741: Public Service Retirement Fairness Act of 2021
  • HR 117-2943: To amend the Internal Revenue Code of 1986 to allow retroactive elective deferrals for owners of unincorporated businesses in the case of a plan adopted after the close of the taxable year and before the time for filing the return of tax.
  • S 117-1730: Retirement Savings Lost and Found Act of 2021
  • HR 117-2909: To amend the Internal Revenue Code of 1986 to allow a one-time election for a qualified charitable distribution to a split-interest entity and to inflation adjust the limits for qualified charitable distributions.
  • HR 117-2933: To amend the Internal Revenue Code of 1986 to increase the age for the beginning date for required minimum distributions.
  • S 117-1443: Retirement Parity for Student Loans Act
Administrative law and regulatory proceduresBank accounts, deposits, capitalBanking and financial institutions regulationBusiness recordsCongressional oversightCriminal procedure and sentencingDepartment of LaborDepartment of the TreasuryDisability and paralysisDisability assistanceEmployee benefits and pensionsEmployment taxesFinancial services and investmentsFirst responders and emergency personnelHigher educationIncome tax deferralIncome tax exclusionInflation and pricesInterest, dividends, interest ratesLife, casualty, property insuranceMilitary personnel and dependentsSales and excise taxesSecuritiesSmall businessStudent aid and college costsTax administration and collection, taxpayersWages and earnings

Securing a Strong Retirement Act of 2022

USA117th CongressHR-2954| House 
| Updated: 3/30/2022
Securing a Strong Retirement Act of 2022 This bill makes various changes with respect to employer-sponsored retirement plans, including providing for the automatic enrollment of employees in certain plans and increasing the age at which participants are required to begin receiving mandatory distributions.

Bill Text Versions

View Text
4 versions available

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline

Bill from Previous Congress

HR 116-8696
Securing a Strong Retirement Act of 2020
May 4, 2021
Introduced in House
May 4, 2021
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.
May 5, 2021
Ordered to be Reported in the Nature of a Substitute (Amended) by Voice Vote.
May 5, 2021
Committee Consideration and Mark-up Session Held.
Mar 29, 2022
Placed on the Union Calendar, Calendar No. 210.
Mar 29, 2022
Committee on Financial Services discharged.
Mar 29, 2022
Reported (Amended) by the Committee on Ways and Means. H. Rept. 117-283, Part I.
Mar 29, 2022
Committee on Education and Labor discharged.
Mar 29, 2022
Mr. Neal moved to suspend the rules and pass the bill, as amended.
Mar 29, 2022
UNANIMOUS CONSENT - Mr. Neal asked unanimous consent that debate under clause 1(c) of rule 15 on a motion to suspend the rules and pass H.R. 2954, as amended be extended to eighty minutes of debate. Agreed to without objection.
Mar 29, 2022
Considered under suspension of the rules. (consideration: CR H3925-3950)
Mar 29, 2022
DEBATE - The House proceeded with eighty minutes of debate on H.R. 2954.
Mar 29, 2022
At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.
Mar 29, 2022
Considered as unfinished business. (consideration: CR H3951-3952)
Mar 29, 2022
On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 414 - 5 (Roll no. 86). (text: CR H3925-3939)
View Vote
Mar 29, 2022
Motion to reconsider laid on the table Agreed to without objection.
Mar 30, 2022
Received in the Senate and Read twice and referred to the Committee on Finance.
  • Bill from Previous Congress

    HR 116-8696
    Securing a Strong Retirement Act of 2020


  • May 4, 2021
    Introduced in House


  • May 4, 2021
    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.


  • May 5, 2021
    Ordered to be Reported in the Nature of a Substitute (Amended) by Voice Vote.


  • May 5, 2021
    Committee Consideration and Mark-up Session Held.


  • March 29, 2022
    Placed on the Union Calendar, Calendar No. 210.


  • March 29, 2022
    Committee on Financial Services discharged.


  • March 29, 2022
    Reported (Amended) by the Committee on Ways and Means. H. Rept. 117-283, Part I.


  • March 29, 2022
    Committee on Education and Labor discharged.


  • March 29, 2022
    Mr. Neal moved to suspend the rules and pass the bill, as amended.


  • March 29, 2022
    UNANIMOUS CONSENT - Mr. Neal asked unanimous consent that debate under clause 1(c) of rule 15 on a motion to suspend the rules and pass H.R. 2954, as amended be extended to eighty minutes of debate. Agreed to without objection.


  • March 29, 2022
    Considered under suspension of the rules. (consideration: CR H3925-3950)


  • March 29, 2022
    DEBATE - The House proceeded with eighty minutes of debate on H.R. 2954.


  • March 29, 2022
    At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.


  • March 29, 2022
    Considered as unfinished business. (consideration: CR H3951-3952)


  • March 29, 2022
    On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 414 - 5 (Roll no. 86). (text: CR H3925-3939)
    View Vote


  • March 29, 2022
    Motion to reconsider laid on the table Agreed to without objection.


  • March 30, 2022
    Received in the Senate and Read twice and referred to the Committee on Finance.
Richard E. Neal

Richard E. Neal

Democratic Representative

Massachusetts

Cosponsors (103)
Dwight Evans (Democratic)David Schweikert (Republican)Al Lawson (Democratic)Kim Schrier (Democratic)Stacey E. Plaskett (Democratic)Steve Chabot (Republican)Barry Moore (Republican)Nikema Williams (Democratic)Adrian Smith (Republican)David Kustoff (Republican)Tom O'Halleran (Democratic)Tom Cole (Republican)Frank D. Lucas (Republican)Chris Pappas (Democratic)Devin Nunes (Republican)Jake LaTurner (Republican)Guy Reschenthaler (Republican)Ashley Hinson (Republican)Stephanie N. Murphy (Democratic)Don Young (Republican)James R. Langevin (Democratic)David N. Cicilline (Democratic)Ed Case (Democratic)Brian Higgins (Democratic)Gregory F. Murphy (Republican)Joe Courtney (Democratic)Darin LaHood (Republican)C. A. Dutch Ruppersberger (Democratic)Kevin Brady (Republican)David Scott (Democratic)Brad R. Wenstrup (Republican)Beth Van Duyne (Republican)Terri A. Sewell (Democratic)Jackie Walorski (Republican)Gregorio Kilili Camacho Sablan (Democratic)Steven Horsford (Democratic)Jimmy Panetta (Democratic)Dina Titus (Democratic)Kathy E. Manning (Democratic)Katherine M. Clark (Democratic)Suzan K. DelBene (Democratic)Jerry L. Carl (Republican)Angie Craig (Democratic)Thomas R. Suozzi (Democratic)Danny K. Davis (Democratic)Daniel T. Kildee (Democratic)J. French Hill (Republican)Maria Elvira Salazar (Republican)Jason Smith (Republican)Lloyd Smucker (Republican)Ann M. Kuster (Democratic)Sean Patrick Maloney (Democratic)A. Drew Ferguson (Republican)Daniel Meuser (Republican)Brendan F. Boyle (Democratic)John B. Larson (Democratic)Carol D. Miller (Republican)Jodey C. Arrington (Republican)Jim Cooper (Democratic)Jake Ellzey (Republican)Elaine G. Luria (Democratic)Ann Wagner (Republican)Mike Kelly (Republican)Tom Rice (Republican)Mike D. Rogers (Republican)David E. Price (Democratic)Raja Krishnamoorthi (Democratic)Alma S. Adams (Democratic)Ron Estes (Republican)Josh Harder (Democratic)Blake D. Moore (Republican)Scott Fitzgerald (Republican)Joe Neguse (Democratic)Mark E. Amodei (Republican)Cynthia Axne (Democratic)Donald S. Beyer (Democratic)David G. Valadao (Republican)Ron Kind (Democratic)Debbie Lesko (Republican)Marie Newman (Democratic)John W. Rose (Republican)Tom Emmer (Republican)Earl Blumenauer (Democratic)Tom Reed (Republican)Deborah K. Ross (Democratic)Randy Feenstra (Republican)Lori Trahan (Democratic)Mike Thompson (Democratic)Kevin Hern (Republican)Burgess Owens (Republican)Linda T. Sánchez (Democratic)Ed Perlmutter (Democratic)Gwen Moore (Democratic)Jimmy Gomez (Democratic)Bradley Scott Schneider (Democratic)Kweisi Mfume (Democratic)Tracey Mann (Republican)Jaime Herrera Beutler (Republican)Lloyd Doggett (Democratic)Bill Pascrell (Democratic)Fred Keller (Republican)Vern Buchanan (Republican)Judy Chu (Democratic)

Ways and Means Committee, Finance Committee, Financial Services Committee, Education and Workforce Committee

Labor and Employment

Related Bills

  • S 117-1703: Improving Access to Retirement Savings Act
  • HR 117-2953: SAFER Act
  • HR 117-2917: Retirement Parity for Student Loans Act of 2021
  • S 117-5125: Family Attribution Modernization Act
  • HR 117-2741: Public Service Retirement Fairness Act of 2021
  • HR 117-2943: To amend the Internal Revenue Code of 1986 to allow retroactive elective deferrals for owners of unincorporated businesses in the case of a plan adopted after the close of the taxable year and before the time for filing the return of tax.
  • S 117-1730: Retirement Savings Lost and Found Act of 2021
  • HR 117-2909: To amend the Internal Revenue Code of 1986 to allow a one-time election for a qualified charitable distribution to a split-interest entity and to inflation adjust the limits for qualified charitable distributions.
  • HR 117-2933: To amend the Internal Revenue Code of 1986 to increase the age for the beginning date for required minimum distributions.
  • S 117-1443: Retirement Parity for Student Loans Act
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Administrative law and regulatory proceduresBank accounts, deposits, capitalBanking and financial institutions regulationBusiness recordsCongressional oversightCriminal procedure and sentencingDepartment of LaborDepartment of the TreasuryDisability and paralysisDisability assistanceEmployee benefits and pensionsEmployment taxesFinancial services and investmentsFirst responders and emergency personnelHigher educationIncome tax deferralIncome tax exclusionInflation and pricesInterest, dividends, interest ratesLife, casualty, property insuranceMilitary personnel and dependentsSales and excise taxesSecuritiesSmall businessStudent aid and college costsTax administration and collection, taxpayersWages and earnings