Retirement Parity for Student Loans Act
Latest action · Apr 29, 2021 Read twice and referred to the Committee on Finance. (text: CR S2357-2358; Sponsor introductory remarks on measure: CR S2357)
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.
- IntroducedApr 29, 2021
- Passed SenateNot reached
- Passed HouseNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Retirement Parity for Student Loans Act
This bill allows certain employer-sponsored retirement plans to make matching contributions for an employee's student loan payments as if the loan payments were salary reduction contributions to the retirement plan.
Cosponsors 5
Members who signed on, in the order they did. Signatures ran from Apr 29, 2021 to Dec 16, 2021; 4 are original cosponsors, there from the day it was introduced.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| D-MD | Benjamin L. Cardin | Original | Apr 29, 2021 |
| D-WA | Maria Cantwell | Original | Apr 29, 2021 |
| D-RI | Sheldon Whitehouse | Original | Apr 29, 2021 |
| D-OH | Sherrod Brown | Original | Apr 29, 2021 |
| R-AK | Lisa Murkowski | Dec 16, 2021 |
Committees 1
Where it was sent and what each committee and subcommittee did with it, in order.
| Chamber | Committee | What it did |
|---|---|---|
| Senate | Finance Committee | Referred Apr 29, 2021 |
Actions 2
Everything that happened, newest first.
- Apr 29, 2021Introduced in Senate
- Apr 29, 2021Read twice and referred to the Committee on Finance. (text: CR S2357-2358; Sponsor introductory remarks on measure: CR S2357)
In the Congressional Record 1
Days the Record’s own index lists this bill, newest first, with the pages and the members it names. Pages starting H are the House, S the Senate, E Extensions of Remarks.
Research
What has been written about this bill: committee reports, cost estimates, the sponsor’s authority statement, printed hearings and the Congressional Research Service’s work.
Printed hearings 1
Hearings whose printed record names this bill, newest first: hearings on it, and wider hearings where it came up.
| Number | Hearing | Committee | Held |
|---|---|---|---|
| S. Hrg. 117-678 | BUILDING ON BIPARTISAN RETIREMENT LEGISLATION: HOW CAN CONGRESS HELP?174 pages | Finance Committee | Jul 28, 2021 |
Related bills 2
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| HR 2917 | Retirement Parity for Student Loans Act of 2021 | Related bill | Apr 30, 2021 |
| HR 2954 | Securing a Strong Retirement Act of 2022 | Related bill | Mar 30, 2022 |
Titles 2
Every title it has carried, official and short, at each stage.
- Official Title as Introduced
- A bill to amend the Internal Revenue Code of 1986 to permit treatment of student loan payments as elective deferrals for purposes of employer matching contributions, and for other purposes.
- Short Title(s) as Introduced
- Retirement Parity for Student Loans Act
Subjects
Assigned by the Library of Congress. Policy area: Taxation.
Text 1
Each version as it was printed, newest first.
- Apr 29, 2021Introduced 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; cost estimates are the Congressional Budget Office's, and the hearings are the printed hearings GovInfo publishes, which can appear months after the hearing.
