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- H.R.5450
H.R.5450: American Savings Account Act of 2016
About This Bill
- Introduced June 10, 2016
- Latest Major Action June 10, 2016
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsor
Bill Summary
American Savings Account Act of 2016 This bill amends the Employee Retirement Income Security Act of 1974 (ERISA) to establish a new retirement option for all employees and self-employed individuals to be known as the American Savings Account Fund. This fund operates in a manner similar to the Thrift Savings Fund, which is available to federal employees. The bill establishes an American Savings Account Board of Directors to establish...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
| June 10, 2016 |
Referred to the House Committee on Ways and Means.
|
| June 10, 2016 |
Introduced in the House by Jared Huffman (D-Calif.) |