HR 7310 United States House · 117th Congress

Protecting America’s Retirement Security Act of 2022

Summary

Protecting America's Retirement Security Act of 2022 This bill makes various changes with respect to the administration of employer-sponsored retirement plans, including establishing additional spousal consent requirements for distributions under such plans and requiring the periodic automatic reenrollment of nonparticipating employees in automatic contribution arrangements that take effect after December 31, 2024. The bill also requires the Department of Education, in consultation with relevant agencies, to establish a personal finance education portal that includes information about savings, investing, borrowing, and managing student loan repayment.

Issues: ✓ Labor & Employment

Bill status in committee 1 of 4 stages cleared

Introduction

Mar 2022

Committee Review

Floor Vote

President

Introduced Mar 31, 2022 Last action Dec 20, 2022

Floor votes

How they voted

No floor votes recorded yet.

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Amendments

Dec 20, 2022

Lower · Passed

Committee on Ways and Means discharged.

lower

Nov 14, 2022

Lower · Passed

House Committee on Ways and Means Granted an extension for further consideration ending not later than Jan. 2, 2023.

lower

Nov 14, 2022

Lower · Passed

Reported (Amended) by the Committee on Education and Labor. H. Rept. 117-557, Part I.

lower

Apr 5, 2022

Introduced

Ordered to be Reported (Amended) by Voice Vote.

lower

Apr 5, 2022

Lower · Passed

Committee Consideration and Mark-up Session Held.

lower

Mar 31, 2022

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

Mar 31, 2022

Introduced

Introduced in House

lower

1 primary · 16 co-sponsors