Skip to main content
S 4353 117th Congress Senate Labor and Employment Accounting and auditing Administrative law and regulatory procedures Bank accounts, deposits, capital Business ethics Congressional oversight Credit and credit markets Department of Labor Department of the Treasury Elementary and secondary education Employee benefits and pensions Employment and training programs Federal preemption Federal-Indian relations Government information and archives Government studies and investigations Higher education Income tax deferral Inflation and prices Interest, dividends, interest rates

RISE & SHINE Act

Introduced: June 7, 2022 Introduced by: Murray, Patty Democratic · Washington See on congress.gov
 Everywhere this bill has been 5 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 21, 2022
Placed on Senate Legislative Calendar under General Orders. Calendar No. 426.
Jun 21, 2022
Committee on Health, Education, Labor, and Pensions. Reported by Senator Murray with amendments. Without written report.
Jun 14, 2022
Committee on Health, Education, Labor, and Pensions. Ordered to be reported with amendments favorably.
Jun 7, 2022
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
Jun 7, 2022
Introduced in Senate
 Plain-English summary Congressional Research Service

Retirement Improvement and Savings Enhancement to Supplement Healthy Investments for the Nest Egg Act or the RISE & SHINE Act

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

For example, the bill allows plans sponsored by charities, educational institutions, and nonprofit organizations (i.e., 403(b) retirement plans) to participate in multiple employer plans and pooled employer plans.

The bill also revises the notice and disclosure requirements for certain retirement plans, and it permits plan sponsors to make emergency savings accounts available to participants of defined contribution plans.

What's happening now June 21, 2022

Placed on Senate Legislative Calendar under General Orders. Calendar No. 426.

 Committees of jurisdiction 1