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HR 1476 114th Congress House Labor and Employment Employee benefits and pensions Government employee pay, benefits, personnel management Government lending and loan guarantees State and local government operations

No Taxpayer Bailouts for Unsustainable State and Local Pensions Act

Introduced: March 19, 2015 Introduced by: Babin, Brian Republican · Texas See on congress.gov
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Nov 16, 2015
Referred to the Subcommittee on Health, Employment, Labor, and Pensions.
Mar 19, 2015
Referred to the Committee on Education and the Workforce, and in addition to the Committee on Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Mar 19, 2015
Introduced in House
 Plain-English summary Congressional Research Service

No Taxpayer Bailouts for Unsustainable State and Local Pensions Act

This bill prohibits the Secretary of the Treasury and the Board of Governors of the Federal Reserve System from providing loans, grants, or other forms of financial assistance to state and local government pension plan funds.

What's happening now November 16, 2015

Referred to the Subcommittee on Health, Employment, Labor, and Pensions.

 Committees of jurisdiction 3