HR 4043 · 116th Congress · Taxation
Vested Employee Pension Benefit Protection Act
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the Committee on Ways and Means, and in addition to the Committee on Education and Labor, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.(2019-07-25)
Plain Language Summary
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Vested Employee Pension Benefit Protection Act This bill amends the Internal Revenue Code to allow employees in the building and construction industry who have attained age 55 and are not separated from employment to make distributions from certain tax-exempt multiemployer pension plans if they were participants in such plan on or before April 30, 2013. Such payments shall be suspended during any period in which the multiemployer pension plan is in endangered or critical status.…
Summarized by Claude AI · Non-partisan · For informational purposes only
Cosponsors (6)
1 Democrat5 Republicans