RISE Act
USA117th CongressHR-5891| House
| Updated: 2/25/2022
Robert C. "Bobby" Scott
Democratic Representative
Virginia
Ways and Means Committee, Education and Workforce Committee
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Retirement Improvement and Savings Enhancement Act of 2021 or the RISE Act This bill makes various changes with respect to employer-sponsored retirement plans. Among other changes, the bill establishes the Retirement Savings Lost and Found database to allow individuals to locate the administrator of their plan. It also allows 403(b) plans (i.e., plans sponsored by certain charities, educational institutions, and nonprofit organizations) to participate in multiple employer plans and pooled employer plans.
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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.
Ordered to be Reported (Amended) by Voice Vote.
Committee Consideration and Mark-up Session Held.
Placed on the Union Calendar, Calendar No. 180.
Reported (Amended) by the Committee on Education and Labor. H. Rept. 117-250, Part I.
Committee on Ways and Means discharged.
Commerce
Administrative law and regulatory proceduresBank accounts, deposits, capitalBanking and financial institutions regulationBusiness recordsComputers and information technologyCongressional oversightDepartment of LaborEmployee benefits and pensionsFinancial services and investmentsGovernment information and archivesIncome tax exclusionSecuritiesWages and earnings
RISE Act
USA117th CongressHR-5891| House
| Updated: 2/25/2022
Retirement Improvement and Savings Enhancement Act of 2021 or the RISE Act This bill makes various changes with respect to employer-sponsored retirement plans. Among other changes, the bill establishes the Retirement Savings Lost and Found database to allow individuals to locate the administrator of their plan. It also allows 403(b) plans (i.e., plans sponsored by certain charities, educational institutions, and nonprofit organizations) to participate in multiple employer plans and pooled employer plans.
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.
Ordered to be Reported (Amended) by Voice Vote.
Committee Consideration and Mark-up Session Held.
Placed on the Union Calendar, Calendar No. 180.
Reported (Amended) by the Committee on Education and Labor. H. Rept. 117-250, Part I.
Committee on Ways and Means discharged.
Robert C. "Bobby" Scott
Democratic Representative
Virginia
Ways and Means Committee, Education and Workforce Committee
Commerce
Related Bills
- HR 117-5877: Pension Risk Transfer Accountability Act of 2021
- S 117-3751: A bill to amend the Employee Retirement Income Security Act of 1964 and the Internal Revenue Code of 1986 to improve retirement plan coverage for part-time workers.
- HR 117-5873: Improving Part-Time Workers Access to Retirement Act of 2021
- S 117-3746: Pension Risk Transfer Accountability Act of 2021
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Administrative law and regulatory proceduresBank accounts, deposits, capitalBanking and financial institutions regulationBusiness recordsComputers and information technologyCongressional oversightDepartment of LaborEmployee benefits and pensionsFinancial services and investmentsGovernment information and archivesIncome tax exclusionSecuritiesWages and earnings