HR 935 116th Congress House Labor and Employment Coal Employee benefits and pensions Government information and archives Mining

Miners Pension Protection Act

Introduced: January 31, 2019 See on congress.gov

Everywhere this bill has been 7 steps

Introduced

In committee

Reported out

Passed House

Passed Senate

To President

Became law

Oct 23, 2019

Ordered to be Reported (Amended) by Voice Vote.

Oct 23, 2019

Committee Consideration and Mark-up Session Held.

Oct 23, 2019

Subcommittee on Energy and Mineral Resources Discharged.

Jul 24, 2019

Subcommittee Hearings Held.

Feb 15, 2019

Referred to the Subcommittee on Energy and Mineral Resources.

Jan 31, 2019

Referred to the Committee on Natural Resources, and in addition to the Committee on Ways and Means, 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, 2019

Introduced in House

Plain-English summary Congressional Research Service

Miners Pension Protection Act

This bill transfers certain funds to provide pension benefits for retired coal miners who have been affected by issues such as coal company bankruptcies.

The Department of the Treasury must transfer additional funds to the 1974 United Mine Workers of America (UMWA) Pension Plan to pay pension benefits required under that plan if the annual limit on transfers under the Surface Mining Control and Reclamation Act of 1977 exceeds the amount required to be transferred for existing obligations of the Abandoned Mine Reclamation Fund. The bill also increases the annual limit on transfers from $490 million to $750 million.

The bill also allows in-service distributions under a pension plan or governmental section 457(b) plan at age 59-1/2 (currently age 62).

What's happening now October 23, 2019

Ordered to be Reported (Amended) by Voice Vote.

Committees of jurisdiction 3