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HR 6912 117th Congress House Labor and Employment

Pooled Employer Plan Fix Act

Introduced: March 3, 2022 Introduced by: Allen, Rick W. Republican · Georgia See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 3, 2022
Referred to the House Committee on Education and Labor.
Mar 3, 2022
Introduced in House
 Plain-English summary Congressional Research Service

Pooled Employer Plan Fix Act

This bill requires pooled employer retirement plans to designate a named fiduciary to collect contributions to the plan and implement written contribution collection procedures that are reasonable, diligent, and systematic. Current law requires a plan to designate one or more trustees to perform these tasks.

What's happening now March 3, 2022

Referred to the House Committee on Education and Labor.

 Committees of jurisdiction 1