HR 7278 · 115th Congress · Labor and Employment

To amend the Employee Retirement Income Security Act of 1974.

Introduced 2018-12-12· Sponsored by Rep. Estes, Ron [R-KS-4]· House

Bill Progress

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Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Education and the Workforce.(2018-12-12)

Plain Language Summary

[AI summary unavailable — showing source text] This bill specifies requirements for the application of the Employee Retirement Income Security Act of 1974 (ERISA) to general account policies that receive contributions from employee benefit plans. A "general account policy" is an insurance policy or contract to the extent that the policy or contract allocates amounts to the insurer's general account including any surplus in a separate account but excluding any other portion of a separate account.…

Summarized by Claude AI · Non-partisan · For informational purposes only