HR 5891 · 117th Congress · Commerce

RISE Act

Introduced 2021-11-05· Sponsored by Rep. Scott, Robert C. "Bobby" [D-VA-3]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Placed on the Union Calendar, Calendar No. 180.(2022-02-25)

Plain Language Summary

[AI summary unavailable — showing source text] Retirement Improvement and Savings Enhancement Act or the RISE Act This bill makes various changes with respect to employer-sponsored retirement plans. Among other changes, the bill establishes the Retirement Savings Lost and Found database to allow individuals to locate the administrator of their plan. It also allows 403(b) plans (i.e., plans sponsored by certain charities, educational institutions, and nonprofit organizations) to participate in multiple employer plans and pooled employer plans.…

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

Cosponsors (3)

1 Democrat2 Republicans
Rep. Foxx, Virginia [R-NC-5]NC
Rep. DeSaulnier, Mark [D-CA-11]CA
Rep. Allen, Rick W. [R-GA-12]GA