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    <number>2919</number>
    <updateDate>2023-01-13T04:48:15Z</updateDate>
    <updateDateIncludingText>2023-01-13T04:48:15Z</updateDateIncludingText>
    <originChamber>Senate</originChamber>
    <originChamberCode>S</originChamberCode>
    <type>S</type>
    <introducedDate>2006-05-22</introducedDate>
    <congress>109</congress>
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        <systemCode>ssfi00</systemCode>
        <name>Finance Committee</name>
        <chamber>Senate</chamber>
        <type>Standing</type>
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          <item>
            <name>Referred to</name>
            <date>2006-05-22T18:07:55Z</date>
          </item>
        </activities>
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    <actions>
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        <actionDate>2006-05-22</actionDate>
        <committees>
          <item>
            <systemCode>ssfi00</systemCode>
            <name>Finance Committee</name>
          </item>
        </committees>
        <sourceSystem>
          <name>Senate</name>
        </sourceSystem>
        <text>Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S4893-4894)</text>
        <type>IntroReferral</type>
      </item>
      <item>
        <actionDate>2006-05-22</actionDate>
        <text>Sponsor introductory remarks on measure. (CR S4893)</text>
        <type>IntroReferral</type>
        <actionCode>B00100</actionCode>
        <sourceSystem>
          <code>9</code>
          <name>Library of Congress</name>
        </sourceSystem>
      </item>
      <item>
        <actionDate>2006-05-22</actionDate>
        <text>Introduced in Senate</text>
        <type>IntroReferral</type>
        <actionCode>10000</actionCode>
        <sourceSystem>
          <code>9</code>
          <name>Library of Congress</name>
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    <sponsors>
      <item>
        <bioguideId>B000243</bioguideId>
        <fullName>Sen. Baucus, Max [D-MT]</fullName>
        <firstName>MAX</firstName>
        <lastName>BAUCUS</lastName>
        <party>D</party>
        <state>MT</state>
        <middleName>SIEBEN</middleName>
        <isByRequest>N</isByRequest>
      </item>
    </sponsors>
    <cosponsors>
      <item>
        <bioguideId>G000386</bioguideId>
        <fullName>Sen. Grassley, Chuck [R-IA]</fullName>
        <firstName>Charles</firstName>
        <lastName>Grassley</lastName>
        <party>R</party>
        <state>IA</state>
        <middleName>E.</middleName>
        <sponsorshipDate>2006-05-22</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
      </item>
    </cosponsors>
    <policyArea>
      <name>Labor and Employment</name>
    </policyArea>
    <subjects>
      <legislativeSubjects>
        <item>
          <name>Advice and consent of the Senate</name>
        </item>
        <item>
          <name>Congress</name>
        </item>
        <item>
          <name>Corporation directors</name>
        </item>
        <item>
          <name>Federal officials</name>
        </item>
        <item>
          <name>Finance and Financial Sector</name>
        </item>
        <item>
          <name>Financial statements</name>
        </item>
        <item>
          <name>Government Operations and Politics</name>
        </item>
        <item>
          <name>Government corporations</name>
        </item>
        <item>
          <name>Government paperwork</name>
        </item>
        <item>
          <name>Pension Benefit Guaranty Corporation</name>
        </item>
        <item>
          <name>Pension funds</name>
        </item>
        <item>
          <name>Pension trust guaranty insurance</name>
        </item>
        <item>
          <name>Presidential appointments</name>
        </item>
        <item>
          <name>Senate rules and procedure</name>
        </item>
        <item>
          <name>Tax penalties</name>
        </item>
        <item>
          <name>Taxation</name>
        </item>
      </legislativeSubjects>
      <policyArea>
        <name>Labor and Employment</name>
      </policyArea>
    </subjects>
    <summaries>
      <summary>
        <versionCode>00</versionCode>
        <actionDate>2006-05-22</actionDate>
        <actionDesc>Introduced in Senate</actionDesc>
        <updateDate>2006-07-25T17:24:42Z</updateDate>
        <text><![CDATA[ <p>PBGC Confirmation Act of 2006 - Amends the Employee Retirement Income Security Act of 1974 (ERISA) to replace the chairman of the board of directors with a Director to head the Pension Benefit Guaranty Corporation. Requires the Director to be approved by the Senate. Gives joint jurisdiction over the nomination to the Committee on Finance and the Committee on Health, Education, Labor, and Pensions.</p> <p>Amends the Internal Revenue Code to revise the penalty for failure to file an actuarial report for defined benefit plans other than multi-employer plans.</p>]]></text>
      </summary>
    </summaries>
    <title>PBGC Confirmation Act of 2006</title>
    <titles>
      <item>
        <titleType>Display Title</titleType>
        <title>PBGC Confirmation Act of 2006</title>
      </item>
      <item>
        <titleType>Official Title as Introduced</titleType>
        <title>A bill to amend title IV of the Employee Retirement Income Security Act of 1974 to establish a Director of the Pension Benefit Guaranty Corporation and the Internal Revenue code of 1986 to increase certain penalties, and for other purposes.</title>
        <billTextVersionName>Introduced in Senate</billTextVersionName>
        <billTextVersionCode>IS</billTextVersionCode>
      </item>
      <item>
        <titleType>Short Titles as Introduced</titleType>
        <title>PBGC Confirmation Act of 2006</title>
      </item>
    </titles>
    <textVersions>
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        <type>Introduced in Senate</type>
        <date>2006-05-22T04:00:00Z</date>
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      </item>
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    <latestAction>
      <actionDate>2006-05-22</actionDate>
      <text>Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S4893-4894)</text>
    </latestAction>
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    <dc:language>EN</dc:language>
    <dc:rights>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.</dc:rights>
    <dc:contributor>Congressional Research Service, Library of Congress</dc:contributor>
    <dc:description>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.</dc:description>
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