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RISE Act

Introduced: November 5, 2021 Introduced by: Scott, Robert C. "Bobby" Democratic · Virginia See on congress.gov
 Everywhere this bill has been 7 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 25, 2022
Placed on the Union Calendar, Calendar No. 180.
Feb 25, 2022
Committee on Ways and Means discharged.
Feb 25, 2022
Reported (Amended) by the Committee on Education and Labor. H. Rept. 117-250, Part I.
Nov 10, 2021
Ordered to be Reported (Amended) by Voice Vote.
Nov 10, 2021
Committee Consideration and Mark-up Session Held.
Nov 5, 2021
Referred to the Committee on Education and Labor, 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.
Nov 5, 2021
Introduced in House
 Plain-English summary Congressional Research Service

Retirement Improvement and Savings Enhancement Act of 2021 or the RISE Act

This bill makes various changes with respect to employer-sponsored retirement plans.

Among other changes, the bill establishes the Retirement Savings Lost and Found database to allow individuals to locate the administrator of their plan. It also allows 403(b) plans (i.e., plans sponsored by certain charities, educational institutions, and nonprofit organizations) to participate in multiple employer plans and pooled employer plans.

What's happening now February 25, 2022

Placed on the Union Calendar, Calendar No. 180.

 Committees of jurisdiction 2