3.0.0 2005 2022-02-03T05:38:05Z 2023-01-14T21:43:42Z Senate S S 2004-01-09 108 sshr00 Health, Education, Labor, and Pensions Committee Senate Standing Reported original measure 2004-01-09T17:07:37Z S. Rept. 108-221 2004-01-09 Senate Placed on Senate Legislative Calendar under General Orders. Calendar No. 425. Calendars 2004-01-09 sshr00 Health, Education, Labor, and Pensions Committee Senate Committee on Health, Education, Labor, and Pensions. Original measure reported to Senate by Senator Gregg under authority of the order of the Senate of 12/9/2003. With written report No. 108-221. Committee 2004-01-09 Committee on Health, Education, Labor, and Pensions. Original measure reported to Senate by Senator Gregg under authority of the order of the Senate of 12/9/2003. With written report No. 108-221. Committee 14000 9 Library of Congress sshr00 Health, Education, Labor, and Pensions Committee 2004-01-09 Introduced in Senate IntroReferral 10000 9 Library of Congress G000445 Sen. Gregg, Judd [R-NH] Judd Gregg R NH N 2003-12-04T06:00:00Z S. 2005, Pension Stability Act http://www.cbo.gov/publication/15072 <p>Cost estimate for the bill as ordered reported by the Senate Committee on Health, Education Labor, and Pensions on October 29, 2003</p> 2003-12-04T06:00:00Z S. 2005, Pension Stability Act https://www.cbo.gov/publication/15072 Cost estimate for the bill as ordered reported by the Senate Committee on Health, Education Labor, and Pensions on October 29, 2003 Labor and Employment Accounting Administrative procedure Bonds Commerce Congress Congressional reporting requirements Corporate finance Defined benefit pension plans Department of the Treasury Federal advisory bodies Finance and Financial Sector Government Operations and Politics Government securities Governmental investigations Insurance premiums Interest rates Investments Law Legislation Pension funds Pension trust guaranty insurance Valuation Labor and Employment 00 2004-01-09 Introduced in Senate 2004-02-10T19:36:53Z Pension Stability Act - Amends the Employee Retirement Income Security Act of 1974 (ERISA) and the Internal Revenue Code to temporarily replace (for plan years 2004 and 2005) the 30-year treasury bond interest rate with a rate based on conservatively invested long-term corporate bonds, for certain pension plan funding requirements.

Establishes the Commission on Defined Benefit Pension Plans. Requires Congress to act on the legislative proposal contained in the Commission's report within a certain period after receiving it.

]]> 80 2004-01-09 Reported to Senate without amendment 2007-05-06T23:35:10Z (This measure has not been amended since it was introduced. The summary has been expanded because action occurred on the measure.)

Pension Stability Act - (Sec. 2) Amends the Employee Retirement Income Security Act of 1974 (ERISA) and the Internal Revenue Code to temporarily replace (for plan years 2004 and 2005) the 30-year treasury bond interest rate with a rate based on conservatively invested long-term corporate bonds, for certain pension plan funding requirements.

(Sec. 3) Establishes the Commission on Defined Benefit Pension Plans to study and report to Congress on specified issues relating to such plan.

(Sec. 4) Requires Congress to act on any legislative proposal contained in the Commission's report within a certain period after receiving it.

]]> Pension Stability Act Short Titles as Introduced Pension Stability Act Display Title Pension Stability Act Official Title as Introduced An original bill to temporarily replace the use by pension plans of the 30-year treasury bond rate with a composite corporate rate, and to establish a commission on defined benefit plans. Placed on Calendar Senate 2004-01-09T05:00:00Z 2004-01-09 Placed on Senate Legislative Calendar under General Orders. Calendar No. 425. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.