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- S.2282
S.2282: Fairness in Pension Stability Act
About This Bill
- This bill was introduced in the 108th Congress
- This bill is primarily about taxation
- Introduced April 5, 2004
- Latest Major Action April 5, 2004
Bill Sponsor
Bill Cosponsors
3 (All Democrats)
Bill Summary
Fairness in Pension Stability Act - Amends the Employee Retirement Income Security Act of 1974 (ERISA) and the Internal Revenue Code (Code) to temporarily replace (for plan years 2004 and 2005) the 30-year Treasury rate with a rate based on long-term corporate bonds for certain pension plan funding requirements. Sets forth ERISA and Code provisions for: (1) election by certain plans of an alternative deficit reduction contribution; (2)...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
|
Read twice and referred to the Committee on Finance.
|
|
| April 5, 2004 |
Introduced in the Senate by Edward M. Kennedy (D-Mass.) |