S 2860 · 97th Congress · Labor and Employment

A bill to eliminate the retroactive application of certain provisions of Public Law 96-364.

Introduced 1982-08-19· Sponsored by Sen. Danforth, John C. [R-MO]· Senate

Bill Progress

✓
Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Subcommittee on Savings, Pensions, and Investment. Hearings held.(1982-09-27)

Plain Language Summary

[AI summary unavailable — showing source text] Eliminates the retroactive application of certain withdrawal liability provisions of the Employee Retirement Income Security Act of 1974 and the Multiemployer Pension Plan Amendments Act of 1980. Requires plan sponsors to refund any amounts paid by an employer as a result of such withdrawal liability, less a reasonable amount for administrative expenses.…

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

Cosponsors (2)

1 Democrat1 Republican
Sen. Chafee, John H. [R-RI]RI
Sen. Boren, David L. [D-OK]OK