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HR 4193 113th Congress House Government Operations and Politics Financial services and investments Government employee pay, benefits, personnel management Government trust funds Securities

Smart Savings Act

Introduced: March 11, 2014 Introduced by: Issa, Darrell Republican · California See on congress.gov
 Everywhere this bill has been 18 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Dec 18, 2014
Signed by President.
Dec 18, 2014
Became Public Law No: 113-255.
Dec 12, 2014
Presented to President.
Dec 11, 2014
Message on Senate action sent to the House.
Dec 10, 2014
Passed Senate without amendment by Unanimous Consent. (consideration: CR S6580)
Dec 10, 2014
Passed/agreed to in Senate: Passed Senate without amendment by Unanimous Consent.(consideration: CR S6580)
Jul 15, 2014
Received in the Senate, read twice.
Jul 14, 2014
Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.(text: CR H6162)
Jul 14, 2014
On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H6162)
Jul 14, 2014
DEBATE - The House proceeded with forty minutes of debate on H.R. 4193.
Jul 14, 2014
Considered under suspension of the rules. (consideration: CR H6162-6164)
Jul 14, 2014
Mr. Gosar moved to suspend the rules and pass the bill, as amended.
Jun 30, 2014
Placed on the Union Calendar, Calendar No. 379.
Jun 30, 2014
Reported by the Committee on Oversight and Government Reform. H. Rept. 113-507.
Mar 12, 2014
Ordered to be Reported by Voice Vote.
Mar 12, 2014
Committee Consideration and Mark-up Session Held.
Mar 11, 2014
Introduced in House
Mar 11, 2014
Referred to the House Committee on Oversight and Government Reform.
 Plain-English summary Congressional Research Service

(This measure has not been amended since it was passed by the House on July 14, 2014. The summary of that version is repeated here.)

Smart Savings Act - Makes the default investment in the Thrift Savings Plan (TSP) an age-appropriate target date asset allocation investment fund (L Fund), instead of the Government Securities Investment Fund (G Fund), if no election has been made for the investment of available funds. Retains the Government Securities Investment Fund as the default fund for members of the Uniformed Services. Requires TSP participants whose default fund is an age-appropriate L Fund to receive a risk acknowledgement prior to enrollment.

Extends requirements relating to fiduciary protections to TSP beneficiaries.

What's happening now December 18, 2014

Became Public Law No: 113-255.

 Committees of jurisdiction 1