Lifetime Income For Employees Act
Latest action · Jun 9, 2023 Referred to the House Committee on Education and the Workforce.
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.
- IntroducedJun 9, 2023
- Passed HouseNot reached
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Lifetime Income For Employees Act
This bill allows fiduciaries of pension plans to make default investment arrangements in annuity contracts upon providing certain notice to plan participants or beneficiaries and complying with certain prohibitions on liquidity restrictions.
Cosponsors 1
Members who signed on, in the order they did. All signed on Jun 9, 2023.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| R-MI | Tim Walberg | Original | Jun 9, 2023 |
Actions 2
Everything that happened, newest first.
- Jun 9, 2023Introduced in House
- Jun 9, 2023Referred to the House Committee on Education and the Workforce.
Subjects
Assigned by the Library of Congress. Policy area: Labor and Employment.
Text 1
Each version as it was printed, newest first.
- Jun 9, 2023Introduced in House
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.