S.2318: Pension Stability Act

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Bill Summary

Pension Stability Act This bill requires the Department of Labor to establish user fees for qualified professional asset managers (QPAMs) who have been convicted of a crime and apply for an individual exemption (known as a QPAM waiver) to the prohibited transaction rules under the Employee Retirement Income Security Act of 1974 (ERISA). The fees: apply to large regulated banks, savings and loan associations, insurance companies, and...

(Source: Library of Congress)

Bill Actions

Date Description
Jan. 17, 2018
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
Jan. 17, 2018

Introduced in the Senate by Tammy Baldwin (D-Wis.)

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