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PBGC Confirmation Act of 2006

Introduced: May 22, 2006 See on congress.gov
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 22, 2006
Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S4893-4894)
May 22, 2006
Sponsor introductory remarks on measure. (CR S4893)
May 22, 2006
Introduced in Senate
 Plain-English summary Congressional Research Service

PBGC Confirmation Act of 2006 - Amends the Employee Retirement Income Security Act of 1974 (ERISA) to replace the chairman of the board of directors with a Director to head the Pension Benefit Guaranty Corporation. Requires the Director to be approved by the Senate. Gives joint jurisdiction over the nomination to the Committee on Finance and the Committee on Health, Education, Labor, and Pensions.

Amends the Internal Revenue Code to revise the penalty for failure to file an actuarial report for defined benefit plans other than multi-employer plans.

What's happening now May 22, 2006

Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S4893-4894)

 Committees of jurisdiction 1