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S. 3333 119th Congress Senate

Emergency Savings Enhancement Act of 2025

Official title: A bill to modify the eligibility requirements and account contribution maximum for pension-linked emergency savings accounts, and for other purposes.

Introduced: December 3, 2025 Introduced by: Todd Young Republican · Indiana See on congress.gov
Taxation Bank accounts, deposits, capitalEmployee benefits and pensionsIncome tax deferral
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 Everywhere this bill has been 5 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Aug 5, 2026
Placed on Senate Legislative Calendar under General Orders. Calendar No. 544.
Aug 5, 2026
Committee on Health, Education, Labor, and Pensions. Reported by Senator Cassidy with an amendment in the nature of a substitute. Without written report.
Jul 30, 2026
Committee on Health, Education, Labor, and Pensions. Ordered to be reported with an amendment in the nature of a substitute favorably.
Dec 3, 2025
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
Dec 3, 2025
Introduced in Senate
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What's happening now August 5, 2026

Placed on Senate Legislative Calendar under General Orders. Calendar No. 544.

 Plain-English summary Congressional Research Service

Emergency Savings Enhancement Act of 2025

This bill expands eligibility and increases the maximum contribution limit for pension-linked emergency savings accounts (PLESAs).

As background, PLESAs are savings accounts that are established and maintained in connection with a defined contribution retirement plan, such as a 401(k). Contributions to such accounts are subject to federal income tax, and withdrawals are allowed for any reason. 

The bill expands eligibility for PLESAs by eliminating the exclusion of highly compensated employees. Thus, under the bill, individuals who meet the age, service, and other eligibility requirements of the plan, regardless of compensation, are eligible to participate in such a plan.

The bill also increases the maximum limit on the portion of a PLESA balance attributable to participant contributions to $5,000 (from $2,600 in 2026). This limit continues to be adjusted for inflation.

The bill also extends and provides additional funding for a Department of Labor program that awards grants to states to promote employee ownership and participation in businesses.

 Hearings & markups 1
 Related & companion bills 1
  • HR 6417 Emergency Savings Enhancement Act of 2025
 Bill text 2 versions

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Lobbying activity 6

Registered lobbyists who named this bill in their disclosure filings. Source: federal Lobbying Disclosure Act filings.

Bodies those filers lobbied

A filing lists the bills it worked on and the parts of government it contacted in separate sections, so these are the bodies those filers named anywhere in the filing, not a per-bill breakdown.

 Cosponsors 3
All 3 Democratic 2 Republican 1
R
Cassidy, Bill
Louisiana · Jul 21, 2026
 D
Kaine, Tim
Virginia · Jul 21, 2026
 D
Booker, Cory A.
New Jersey · Dec 3, 2025
Cite this page click to expand
APA
U.S. Congress. (2026). S. 3333: Emergency Savings Enhancement Act of 2025. 119th Congress. Open America. https://openamerica.io/bill/119-S-3333/
MLA
"S. 3333: Emergency Savings Enhancement Act of 2025." 119th Congress, 2026, Open America, https://openamerica.io/bill/119-S-3333/.
Bluebook (legal)
S. 3333, 119th Cong. (2026), https://openamerica.io/bill/119-S-3333/.
Markdown link
[S. 3333: Emergency Savings Enhancement Act of 2025](https://openamerica.io/bill/119-S-3333/)
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