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H.R. 397: Rehabilitation for Multiemployer Pensions Act

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To amend the Internal Revenue Code of 1986 to create a Pension Rehabilitation Trust Fund, to establish a Pension Rehabilitation Administration within the Department of the Treasury to make loans to multiemployer defined benefit plans, and for other purposes.

The bill’s titles are written by its sponsor.

Sponsor and status

Richard Neal

Sponsor. Representative for Massachusetts's 1st congressional district. Democrat.

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Last Updated: Jan 9, 2019
Length: 34 pages
Introduced
Jan 9, 2019
Status

Ordered Reported on Jun 11, 2019

The committees assigned to this bill sent it to the House or Senate as a whole for consideration on June 11, 2019.

Prognosis
24% chance of being enacted according to Skopos Labs (details)
Source

History

Jan 9, 2019
 
Introduced

Bills and resolutions are referred to committees which debate the bill before possibly sending it on to the whole chamber.

Jun 11, 2019
 
Ordered Reported

A committee has voted to issue a report to the full chamber recommending that the bill be considered further. Only about 1 in 4 bills are reported out of committee.

If this bill has further action, the following steps may occur next:
 
Passed House

 
Passed Senate

 
Signed by the President

H.R. 397 is a bill in the United States Congress.

A bill must be passed by both the House and Senate in identical form and then be signed by the President to become law.

How to cite this information.

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“H.R. 397 — 116th Congress: Rehabilitation for Multiemployer Pensions Act.” www.GovTrack.us. 2019. June 20, 2019 <https://www.govtrack.us/congress/bills/116/hr397>

Where is this information from?

GovTrack automatically collects legislative information from a variety of governmental and non-governmental sources. This page is sourced primarily from Congress.gov, the official portal of the United States Congress. Congress.gov is generally updated one day after events occur, and so legislative activity shown here may be one day behind. Data via the congress project.