Legis Daily

Pension and Budget Integrity Act of 2021

USA117th CongressHR-4830| House 
| Updated: 7/29/2021
Derek Kilmer

Derek Kilmer

Democratic Representative

Washington

Cosponsors (2)
Suzan K. DelBene (Democratic)Anthony Gonzalez (Republican)

Rules Committee, Budget Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Pension and Budget Integrity Act of 20 21 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

Bill from Previous Congress

HR 116-4035
Pension and Budget Integrity Act of 2019
Jul 29, 2021
Introduced in House
Jul 29, 2021
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.
  • Bill from Previous Congress

    HR 116-4035
    Pension and Budget Integrity Act of 2019


  • July 29, 2021
    Introduced in House


  • July 29, 2021
    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

Pension and Budget Integrity Act of 2021

USA117th CongressHR-4830| House 
| Updated: 7/29/2021
Pension and Budget Integrity Act of 20 21 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

Bill from Previous Congress

HR 116-4035
Pension and Budget Integrity Act of 2019
Jul 29, 2021
Introduced in House
Jul 29, 2021
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.
  • Bill from Previous Congress

    HR 116-4035
    Pension and Budget Integrity Act of 2019


  • July 29, 2021
    Introduced in House


  • July 29, 2021
    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 (2)
Suzan K. DelBene (Democratic)Anthony Gonzalez (Republican)

Rules Committee, Budget Committee

Economics and Public Finance

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted