S 1707 · 119th Congress · Taxation

Helping Young Americans Save for Retirement Act

Introduced 2025-05-12· Sponsored by Sen. Cassidy, Bill [R-LA]· Senate

Bill Progress

Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Read twice and referred to the Committee on Health, Education, Labor, and Pensions.(2025-05-12)

Plain Language Summary

[AI summary unavailable — showing source text] [Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [S. 1707 Introduced in Senate (IS)] <DOC> 119th CONGRESS 1st Session S. 1707 To amend the Employee Retirement Income Security Act of 1974 and the Internal Revenue Code of 1986 with respect to minimum participation standards for pension plans and qualified trusts. _______________________________________________________________________ IN THE SENATE OF THE UNITED STATES May 12, 2025 Mr. Cassidy (for himself and Mr. Kaine) introduced the following bill; which was read twice and referred to the Committee on Health, Education, Labor, and Pensions _______________________________________________________________________ A BILL To amend the Employee Retirement Income Security Act of 1974 and the Internal Revenue Code of 1986 with respect to minimum participation standards for pension plans and qualified trusts. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Helping Young Americans Save for Retirement Act''. SEC. 2. ELIGIBILITY AT AGE 18 UNDER CERTAIN CONDITIONS. (a) ERISA.-- (1) Age 18.…

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

Cosponsors (7)

4 Democrats3 Republicans