H.R.818: 401(k) Pension Protection Act of 1997

About This Bill

  • This bill was introduced in the 105th Congress
  • This bill is primarily about taxation
  • Introduced Feb. 25, 1997
  • Latest Major Action March 7, 1997

Bill Summary

401(k) Pension Protection Act of 1997 - Amends the Employee Retirement Income Protection Act of 1974 with respect to the exemption of an eligible individual account plan from the limitations on investment of 401(k) pension plans in employer securities and employer real property. Prohibits an employer from requiring that more than ten percent of employee contributions (elective salary deferrals) to the 401(k) plan be invested in such employer...

(Source: Library of Congress)

Bill Actions

Date Description
Sponsor introductory remarks on measure.
Referred to the House Committee on Education and the Workforce.
Referred to the Subcommittee on Employer-Employee Relations.
Feb. 25, 1997

Introduced in the House by Gary Condit (D-Calif.)

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