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- H.R.458
H.R.458: To amend the Employee Retirement Income Security Act of 1974 to permit multiemployer plans in critical status to modify plan rules relating to withdrawal liability, and for other purposes.
About This Bill
- Introduced Jan. 21, 2015
- Latest Major Action April 29, 2015
- See the two similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsor
Bill Version
- Introduced in House - Jan. 21, 2015
Bill Summary
Amends the Employee Retirement Income Security Act (ERISA) to revise requirements permitting multiemployer plans to adopt alternative rules for computing the payment of an employer's withdrawal liability to include a plan in critical status whose plan sponsor determines it cannot be expected to emerge from that status by the end of the rehabilitation period. Requires any such rule to become effective 90 days after adoption unless the...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
| April 29, 2015 |
Referred to the Subcommittee on Health, Employment, Labor, and Pensions.
|
| Jan. 21, 2015 |
Referred to the House Committee on Education and the Workforce.
|
| Jan. 21, 2015 |
Introduced in the House by Pete Sessions (R-Texas) |