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- S.873
S.873: TSP Modernization Act of 2017
About This Bill
- Introduced April 6, 2017
- Latest Major Action Nov. 8, 2017
Bill Sponsor
Bill Cosponsors
4 (3 Democrats, 1 Republican)
Bill Versions
- Reported to Senate - Nov. 8, 2017
- Introduced in Senate - April 6, 2017
Bill Summary
TSP Modernization Act of 2017 This bill modifies the rules relating to withdrawals from the Thrift Saving Plan (TSP) accounts of former federal employees and Members of Congress. Under current law, such employees and Members may make only one partial withdrawal upon reaching age 59-1/2 while employed or one withdrawal after retirement. The bill permits an unlimited number of such withdrawals. The bill also eliminates: (1) the withdrawal...
(Source: Library of Congress)
Congressional Budget Office Estimate
Bill Actions
| Date | Description |
|---|---|
| Nov. 8, 2017 |
Placed on Senate Legislative Calendar under General Orders. Calendar No. 260.
|
| Nov. 8, 2017 |
Committee on Homeland Security and Governmental Affairs. Reported by Senator Johnson with an amendment. With written report No. 115-183.
|
| July 26, 2017 |
Committee on Homeland Security and Governmental Affairs. Ordered to be reported without amendment favorably.
|
| April 6, 2017 |
Read twice and referred to the Committee on Homeland Security and Governmental Affairs.
|
| April 6, 2017 |
Introduced in the Senate by Rob Portman (R-Ohio) |