HR 4193 · 113th Congress 2013–2015, ended

Smart Savings Act

Introduced Mar 11, 2014 Originated House Sponsor Darrell Issa R-CA

Fact sheet

Latest action · Dec 18, 2014 Became Public Law No: 113-255.

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.

IntroducedMar 11, 2014
Passed HouseJul 14, 2014
Passed SenateDec 10, 2014
To the PresidentDec 12, 2014
Became lawDec 18, 2014

Summary

(This measure has not been amended since it was passed by the House on July 14, 2014. The summary of that version is repeated here.)

Smart Savings Act - Makes the default investment in the Thrift Savings Plan (TSP) an age-appropriate target date asset allocation investment fund (L Fund), instead of the Government Securities Investment Fund (G Fund), if no election has been made for the investment of available funds. Retains the Government Securities Investment Fund as the default fund for members of the Uniformed Services. Requires TSP participants whose default fund is an age-appropriate L Fund to receive a risk acknowledgement prior to enrollment.

Extends requirements relating to fiduciary protections to TSP beneficiaries.

Cosponsors 6

Members who signed on, in the order they did. Signatures ran from Mar 11, 2014 to Mar 13, 2014, with 5 there on the day it was introduced.

Seat	Cosponsor		Signed on
R-TX	Blake Farenthold	Original	Mar 11, 2014
D-MD	Elijah E. Cummings	Original	Mar 11, 2014
D-VA	Gerald E. Connolly	Original	Mar 11, 2014
R-GA	Rob Woodall	Original	Mar 11, 2014
D-MA	Stephen F. Lynch	Original	Mar 11, 2014
D-DC	Eleanor Holmes Norton		Mar 13, 2014

Actions 18

Everything that happened, newest first.

Dec 18, 2014Became Public Law No: 113-255.
Dec 18, 2014Signed by President.
Dec 12, 2014Presented to President.
Dec 11, 2014Message on Senate action sent to the House.
Dec 10, 2014Passed Senate without amendment by Unanimous Consent. (consideration: CR S6580)

Show all 18 actions

Related bills 1

Companion bills and other measures the record links to this one.

Bill	Title	Relationship	Latest action
S 2117	Smart Savings Act	Related bill	Sep 17, 2014

Subjects

Assigned by the Library of Congress. Policy area: Government Operations and Politics.

Text 5

Each version as it was printed, newest first.

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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.