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- S.1019
S.1019: Strengthening Financial Security Through Short-Term Savings Accounts Act of 2019
About This Bill
- Introduced April 3, 2019
- Latest Major Action April 3, 2019
- See the two similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
3 (1 Democrat, 2 Republicans)
Bill Version
- Introduced in Senate - April 3, 2019
Bill Summary
Strengthening Financial Security Through Short-Term Savings Accounts Act of 2019 This bill allows employers to enroll employees in short-term savings accounts that are funded using automatic contributions deducted from participating employees' wages. For each pay period, the employer must transfer to the account an amount equal to the percentage of the employee's compensation or a fixed amount, as determined by the employer. Employees may...
(Source: Library of Congress)
What Lawmakers Are Saying About This Bill
Bill Actions
| Date | Description |
|---|---|
| April 3, 2019 |
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
|
| April 3, 2019 |
Introduced in the Senate by Doug Jones (D-Ala.) |