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- S.547
S.547: Butch Lewis Emergency Pension Plan Relief Act of 2021
About This Bill
- Introduced March 2, 2021
- Latest Major Action March 2, 2021
Bill Sponsor
Bill Cosponsors
42 (40 Democrats, 2 Independent Democrats)
Bill Version
- Introduced in Senate - March 2, 2021
Bill Summary
Butch Lewis Emergency Pension Plan Relief Act of 2021 This bill modifies the funding rules and provides financial assistance for certain pension plans that are underfunded or insolvent. First, the bill expands the authority of, and provides funding for, the Pension Benefit Guaranty Corporation (PBGC) to provide special partition assistance to a multiemployer pension plan that is insolvent or at risk of insolvency. The bill expands...
(Source: Library of Congress)
Bill Actions
Date | Description |
---|---|
March 2, 2021 |
Read twice and referred to the Committee on Finance.
|
March 2, 2021 |
Introduced in the Senate by Sherrod Brown (D-Ohio) |