RISE & SHINE Act
USA117th CongressS-4353| Senate
| Updated: 6/21/2022
Patty Murray
Democratic Senator
Washington
Cosponsors (1)
Health, Education, Labor, and Pensions Committee
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Retirement Improvement and Savings Enhancement to Supplement Healthy Investments for the Nest Egg Act or the RISE & SHINE Act This bill makes various changes with respect to employer-sponsored retirement plans. For example, the bill allows plans sponsored by charities, educational institutions, and nonprofit organizations (i.e., 403(b) retirement plans) to participate in multiple employer plans and pooled employer plans. The bill also revises the notice and disclosure requirements for certain retirement plans, and it permits plan sponsors to make emergency savings accounts available to participants of defined contribution plans.
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Timeline
Introduced in Senate
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
Committee on Health, Education, Labor, and Pensions. Ordered to be reported with amendments favorably.
Committee on Health, Education, Labor, and Pensions. Reported by Senator Murray with amendments. Without written report.
Placed on Senate Legislative Calendar under General Orders. Calendar No. 426.
Labor and Employment
Accounting and auditingAdministrative law and regulatory proceduresBank accounts, deposits, capitalBusiness ethicsCongressional oversightCredit and credit marketsDepartment of LaborDepartment of the TreasuryElementary and secondary educationEmployee benefits and pensionsEmployment and training programsFederal-Indian relationsFederal preemptionGovernment information and archivesGovernment studies and investigationsHigher educationIncome tax deferralInflation and pricesInterest, dividends, interest ratesIntergovernmental relationsLabor-management relationsSocial work, volunteer service, charitable organizationsTax-exempt organizationsTemporary and part-time employmentUser charges and fees
RISE & SHINE Act
USA117th CongressS-4353| Senate
| Updated: 6/21/2022
Retirement Improvement and Savings Enhancement to Supplement Healthy Investments for the Nest Egg Act or the RISE & SHINE Act This bill makes various changes with respect to employer-sponsored retirement plans. For example, the bill allows plans sponsored by charities, educational institutions, and nonprofit organizations (i.e., 403(b) retirement plans) to participate in multiple employer plans and pooled employer plans. The bill also revises the notice and disclosure requirements for certain retirement plans, and it permits plan sponsors to make emergency savings accounts available to participants of defined contribution plans.
Suggested Questions
Get AI-generated questions to help you understand this bill better
Timeline
Introduced in Senate
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
Committee on Health, Education, Labor, and Pensions. Ordered to be reported with amendments favorably.
Committee on Health, Education, Labor, and Pensions. Reported by Senator Murray with amendments. Without written report.
Placed on Senate Legislative Calendar under General Orders. Calendar No. 426.
Patty Murray
Democratic Senator
Washington
Cosponsors (1)
Health, Education, Labor, and Pensions Committee
Labor and Employment
Related Bills
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Accounting and auditingAdministrative law and regulatory proceduresBank accounts, deposits, capitalBusiness ethicsCongressional oversightCredit and credit marketsDepartment of LaborDepartment of the TreasuryElementary and secondary educationEmployee benefits and pensionsEmployment and training programsFederal-Indian relationsFederal preemptionGovernment information and archivesGovernment studies and investigationsHigher educationIncome tax deferralInflation and pricesInterest, dividends, interest ratesIntergovernmental relationsLabor-management relationsSocial work, volunteer service, charitable organizationsTax-exempt organizationsTemporary and part-time employmentUser charges and fees