PBGC Confirmation Act of 2006
Latest action · May 22, 2006 Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S4893-4894)
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedMay 22, 2006
- Passed SenateNot reached
- Passed HouseNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
PBGC Confirmation Act of 2006 - Amends the Employee Retirement Income Security Act of 1974 (ERISA) to replace the chairman of the board of directors with a Director to head the Pension Benefit Guaranty Corporation. Requires the Director to be approved by the Senate. Gives joint jurisdiction over the nomination to the Committee on Finance and the Committee on Health, Education, Labor, and Pensions.
Amends the Internal Revenue Code to revise the penalty for failure to file an actuarial report for defined benefit plans other than multi-employer plans.
Cosponsors 1
Members who signed on, in the order they did. All signed on May 22, 2006.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| R-IA | Chuck Grassley | Original | May 22, 2006 |
Actions 3
Everything that happened, newest first.
- May 22, 2006Introduced in Senate
- May 22, 2006Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S4893-4894)
- May 22, 2006Sponsor introductory remarks on measure. (CR S4893)
Subjects
Assigned by the Library of Congress. Policy area: Labor and Employment.
- Advice and consent of the Senate
- Congress
- Corporation directors
- Federal officials
- Finance and Financial Sector
- Financial statements
- Government corporations
- Government Operations and Politics
- Government paperwork
- Labor and Employment
- Pension Benefit Guaranty Corporation
- Pension funds
- Pension trust guaranty insurance
- Presidential appointments
- Senate rules and procedure
- Tax penalties
- Taxation
Text 1
Each version as it was printed, newest first.
- May 22, 2006Introduced in Senate
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov.