HR 5891 United States House · 117th Congress

RISE Act

Summary

Retirement Improvement and Savings Enhancement Act of 2021 or the RISE Act This bill makes various changes with respect to employer-sponsored retirement plans. Among other changes, the bill establishes the Retirement Savings Lost and Found database to allow individuals to locate the administrator of their plan. It also allows 403(b) plans (i.e., plans sponsored by certain charities, educational institutions, and nonprofit organizations) to participate in multiple employer plans and pooled employer plans.

Bill status in committee 1 of 4 stages cleared

Introduction

Nov 2021

Committee Review

Floor Vote

President

Introduced Nov 5, 2021 Last action Feb 25, 2022

Floor votes

How they voted

No floor votes recorded yet.

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Amendments

Feb 25, 2022

Lower · Passed

Committee on Ways and Means discharged.

lower

Feb 25, 2022

Lower · Passed

Reported (Amended) by the Committee on Education and Labor. H. Rept. 117-250, Part I.

lower

Nov 10, 2021

Introduced

Ordered to be Reported (Amended) by Voice Vote.

lower

Nov 10, 2021

Lower · Passed

Committee Consideration and Mark-up Session Held.

lower

Nov 5, 2021

Committee

Referred to the Committee on Education and Labor, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

lower

Nov 5, 2021

Introduced

Introduced in House

lower

1 primary · 3 co-sponsors