Protecting America’s Retirement Security Act of 2022
USA117th CongressHR-7310| House
| Updated: 12/20/2022
Lucy McBath
Democratic Representative
Georgia
Cosponsors (16)
Robert C. "Bobby" Scott (Democratic)Mark Pocan (Democratic)Joe Courtney (Democratic)Gregorio Kilili Camacho Sablan (Democratic)Andy Levin (Democratic)Kathy E. Manning (Democratic)Haley M. Stevens (Democratic)Adriano Espaillat (Democratic)Frank J. Mrvan (Democratic)Mark DeSaulnier (Democratic)Mark Takano (Democratic)Bonnie Watson Coleman (Democratic)Suzanne Bonamici (Democratic)Teresa Leger Fernandez (Democratic)Kweisi Mfume (Democratic)Lauren Underwood (Democratic)
Ways and Means Committee, Education and Workforce Committee
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Protecting America's Retirement Security Act of 2022 This bill makes various changes with respect to the administration of employer-sponsored retirement plans, including establishing additional spousal consent requirements for distributions under such plans and requiring the periodic automatic reenrollment of nonparticipating employees in automatic contribution arrangements that take effect after December 31, 2024. The bill also requires the Department of Education, in consultation with relevant agencies, to establish a personal finance education portal that includes information about savings, investing, borrowing, and managing student loan repayment.
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Timeline
Introduced in House
Referred to the Committee on Education and Labor, and in addition to the Committee on Ways and Means, 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.
Committee Consideration and Mark-up Session Held.
Ordered to be Reported (Amended) by Voice Vote.
Reported (Amended) by the Committee on Education and Labor. H. Rept. 117-557, Part I.
House Committee on Ways and Means Granted an extension for further consideration ending not later than Jan. 2, 2023.
Placed on the Union Calendar, Calendar No. 471.
Committee on Ways and Means discharged.
Labor and Employment
Adult education and literacyBank accounts, deposits, capitalBusiness ethicsComputers and information technologyCongressional oversightEmployee benefits and pensionsEmployment and training programsFamily relationshipsFinancial services and investmentsGovernment information and archivesGovernment trust fundsHigher educationIncome tax deferralInflation and pricesIntergovernmental relationsLabor-management relationsMarriage and family statusPerformance measurementState and local government operationsStudent aid and college costsTax administration and collection, taxpayersUser charges and fees
Protecting America’s Retirement Security Act of 2022
USA117th CongressHR-7310| House
| Updated: 12/20/2022
Protecting America's Retirement Security Act of 2022 This bill makes various changes with respect to the administration of employer-sponsored retirement plans, including establishing additional spousal consent requirements for distributions under such plans and requiring the periodic automatic reenrollment of nonparticipating employees in automatic contribution arrangements that take effect after December 31, 2024. The bill also requires the Department of Education, in consultation with relevant agencies, to establish a personal finance education portal that includes information about savings, investing, borrowing, and managing student loan repayment.
Suggested Questions
Get AI-generated questions to help you understand this bill better
Timeline
Introduced in House
Referred to the Committee on Education and Labor, and in addition to the Committee on Ways and Means, 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.
Committee Consideration and Mark-up Session Held.
Ordered to be Reported (Amended) by Voice Vote.
Reported (Amended) by the Committee on Education and Labor. H. Rept. 117-557, Part I.
House Committee on Ways and Means Granted an extension for further consideration ending not later than Jan. 2, 2023.
Placed on the Union Calendar, Calendar No. 471.
Committee on Ways and Means discharged.
Lucy McBath
Democratic Representative
Georgia
Cosponsors (16)
Robert C. "Bobby" Scott (Democratic)Mark Pocan (Democratic)Joe Courtney (Democratic)Gregorio Kilili Camacho Sablan (Democratic)Andy Levin (Democratic)Kathy E. Manning (Democratic)Haley M. Stevens (Democratic)Adriano Espaillat (Democratic)Frank J. Mrvan (Democratic)Mark DeSaulnier (Democratic)Mark Takano (Democratic)Bonnie Watson Coleman (Democratic)Suzanne Bonamici (Democratic)Teresa Leger Fernandez (Democratic)Kweisi Mfume (Democratic)Lauren Underwood (Democratic)
Ways and Means Committee, Education and Workforce Committee
Labor and Employment
Related Bills
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Adult education and literacyBank accounts, deposits, capitalBusiness ethicsComputers and information technologyCongressional oversightEmployee benefits and pensionsEmployment and training programsFamily relationshipsFinancial services and investmentsGovernment information and archivesGovernment trust fundsHigher educationIncome tax deferralInflation and pricesIntergovernmental relationsLabor-management relationsMarriage and family statusPerformance measurementState and local government operationsStudent aid and college costsTax administration and collection, taxpayersUser charges and fees