Legis Daily

Pension and Budget Integrity Act of 2019

USA116th CongressHR-4035| House 
| Updated: 7/25/2019
Derek Kilmer

Derek Kilmer

Democratic Representative

Washington

Cosponsors (7)
Mark Meadows (Republican)Darin LaHood (Republican)Suzan K. DelBene (Democratic)Mike Kelly (Republican)Anthony Gonzalez (Republican)George Holding (Republican)Troy Balderson (Republican)

Rules Committee, Budget Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
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.)
View Full Text

Suggested Questions

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

Timeline
Jul 25, 2019
Introduced in House
Jul 25, 2019
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.
  • July 25, 2019
    Introduced in House


  • July 25, 2019
    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.

Economics and Public Finance

Budget processEmployee benefits and pensionsExecutive agency funding and structureGovernment corporations and government-sponsored enterprisesLegislative rules and procedurePension Benefit Guaranty Corporation

Pension and Budget Integrity Act of 2019

USA116th CongressHR-4035| House 
| Updated: 7/25/2019
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.)
View Full Text

Suggested Questions

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

Timeline
Jul 25, 2019
Introduced in House
Jul 25, 2019
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.
  • July 25, 2019
    Introduced in House


  • July 25, 2019
    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.
Derek Kilmer

Derek Kilmer

Democratic Representative

Washington

Cosponsors (7)
Mark Meadows (Republican)Darin LaHood (Republican)Suzan K. DelBene (Democratic)Mike Kelly (Republican)Anthony Gonzalez (Republican)George Holding (Republican)Troy Balderson (Republican)

Rules Committee, Budget Committee

Economics and Public Finance

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Budget processEmployee benefits and pensionsExecutive agency funding and structureGovernment corporations and government-sponsored enterprisesLegislative rules and procedurePension Benefit Guaranty Corporation