Legis Daily

Emergency Savings Act of 2022

USA117th CongressS-4310| Senate 
| Updated: 5/25/2022
Cory A. Booker

Cory A. Booker

Democratic Senator

New Jersey

Cosponsors (1)
Todd Young (Republican)

Finance Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Emergency Savings Act of 2022 This bill permits employer-sponsored retirement plans to offer participants a pension-linked emergency savings account (1) with a maximum account limit of $2,500, and (2) from which withdrawals are not subject to a tax penalty.
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Timeline
May 25, 2022
Introduced in Senate
May 25, 2022
Read twice and referred to the Committee on Finance.
  • May 25, 2022
    Introduced in Senate


  • May 25, 2022
    Read twice and referred to the Committee on Finance.

Labor and Employment

Related Bills

  • HR 117-8588: Fair Care Act of 2022
  • S 117-4353: RISE & SHINE Act

Emergency Savings Act of 2022

USA117th CongressS-4310| Senate 
| Updated: 5/25/2022
Emergency Savings Act of 2022 This bill permits employer-sponsored retirement plans to offer participants a pension-linked emergency savings account (1) with a maximum account limit of $2,500, and (2) from which withdrawals are not subject to a tax penalty.
View Full Text

Suggested Questions

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

Timeline
May 25, 2022
Introduced in Senate
May 25, 2022
Read twice and referred to the Committee on Finance.
  • May 25, 2022
    Introduced in Senate


  • May 25, 2022
    Read twice and referred to the Committee on Finance.
Cory A. Booker

Cory A. Booker

Democratic Senator

New Jersey

Cosponsors (1)
Todd Young (Republican)

Finance Committee

Labor and Employment

Related Bills

  • HR 117-8588: Fair Care Act of 2022
  • S 117-4353: RISE & SHINE Act
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted