HR 761 115th Congress House Economics and Public Finance Budget process Employee benefits and pensions Executive agency funding and structure Government corporations and government-sponsored enterprises Legislative rules and procedure Pension Benefit Guaranty Corporation

Pension and Budget Integrity Act of 2017

Introduced: January 31, 2017 See on congress.gov

Everywhere this bill has been 2 steps

Introduced

In committee

Reported out

Passed House

Passed Senate

To President

Became law

Jan 31, 2017

Referred to the Committee on Rules, and in addition to the Committee on the Budget, 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.

Jan 31, 2017

Introduced in House

Plain-English summary Congressional Research Service

Pension and Budget Integrity Act of 2017

This bill prohibits provisions that increase or extend an increase of Pension Benefit Guaranty Corporation (PBGC) premiums from being counted as an offset to determine budget points of order for legislation in the House or the Senate.

(The PBGC is a federal agency that insures the benefits of private sector, defined benefit pension plans. The PBGC is financed by insurance premiums paid by sponsors of the plans, investment income, assets from pension plans taken over by the PBGC, and recoveries from the companies formerly responsible for the plans. This bill prevents increases in PBGC premiums from being used to pay for provisions that increase the deficit in determining whether a budget point of order applies to legislation.)

What's happening now January 31, 2017

Committees of jurisdiction 2