HR 3246 · 106th Congress · Labor and Employment

Small Business Pension Accessibility Act of 1999

Introduced 1999-11-08· Sponsored by Rep. Bass, Charles F. [R-NH-2]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: 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