S 4353
117th Congress
Senate
Labor and Employment
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RISE & SHINE Act
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
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
Placed on Senate Legislative Calendar under General Orders. Calendar No. 426.
Committees of jurisdiction
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