HR 3246 · 106th Congress · Labor and Employment
Small Business Pension Accessibility Act of 1999
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the House Committee on Education and the Workforce.(1999-11-08)
Plain Language Summary
[AI summary unavailable — showing source text]
Small Business Pension Accessibility Act of 1999 - Amends the Employee Retirement Income Security Act of 1974 (ERISA) to set the Pension Benefit Guaranty Corporation (PBGC) insurance premium rate at $5 for each individual plan participant in the case of a new single-employer defined benefit plan maintained by a small employer. Provides for reductions of additional PBGC premiums for new and small defined benefit plans.…
Summarized by Claude AI · Non-partisan · For informational purposes only
Cosponsors (10)
3 Democrats7 Republicans