3.0.0 6382 2022-02-03T05:18:48Z 2022-02-03T05:18:48Z House H HR 2008-06-26 110 sshr00 Health, Education, Labor, and Pensions Committee Senate Standing Referred to 2008-08-01T16:03:37Z hsed00 Education and the Workforce Committee House Standing Referred to 2008-06-26T14:04:10Z hswm00 Ways and Means Committee House Standing Referred to 2008-06-26T14:04:05Z Pension Protection Technical Corrections Act of 2008 110 3361 HR 2008-03-31 Received in the Senate. Read twice. Placed on Senate Legislative Calendar under General Orders. Calendar No. 621. Related bill CRS Worker, Retiree, and Employer Recovery Act of 2008 110 7327 HR 2008-12-23 Became Public Law No: 110-458. Related bill CRS Pension Protection Technical Corrections Act of 2007 110 1974 S 2007-12-19 Passed Senate with an amendment by Unanimous Consent. (text: CR S16049-16055) Related bill CRS 2008-08-01 sshr00 Health, Education, Labor, and Pensions Committee Senate Read twice and referred to the Committee on Health, Education, Labor, and Pensions. IntroReferral 2008-07-10 Senate Received in the Senate. IntroReferral 2008-07-09 11:50:01 Motion to reconsider laid on the table Agreed to without objection. Floor H38310 2 House floor actions 2008-07-09 11:49:59 On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H6243-6249) Floor H37300 2 House floor actions 2008-07-09 11:49:59 Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by voice vote.(text: CR H6243-6249) Floor 8000 9 Library of Congress 2008-07-09 11:27:50 DEBATE - The House proceeded with forty minutes of debate on H.R. 6382. Floor H8D000 2 House floor actions 2008-07-09 11:27:49 Considered under suspension of the rules. (consideration: CR H6243-6252) Floor H30000 2 House floor actions 2008-07-09 11:27:29 Mr. Pomeroy moved to suspend the rules and pass the bill. Floor H30300 2 House floor actions 2008-06-26 Referred to the Committee on Ways and Means, and in addition to the Committee on Education and Labor, 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. IntroReferral H11100 2 House floor actions hsed00 Education and the Workforce Committee 2008-06-26 Referred to the Committee on Ways and Means, and in addition to the Committee on Education and Labor, 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. IntroReferral H11100-A 9 Library of Congress 2008-06-26 Referred to the Committee on Ways and Means, and in addition to the Committee on Education and Labor, 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. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2008-06-26 Introduced in House IntroReferral Intro-H 9 Library of Congress 2008-06-26 Introduced in House IntroReferral 1000 9 Library of Congress R000053 Rep. Rangel, Charles B. [D-NY-15] CHARLES RANGEL D NY B. 15 N M000725 Rep. Miller, George [D-CA-7] GEORGE MILLER D CA 7 2008-06-26 True H.R.7327 https://www.congress.gov/bill/110th-congress/house-bill/7327 Labor and Employment Administrative procedure Airline employees Airlines Bankruptcy Civil service retirement Commerce Defined benefit pension plans Defined contribution plans Department of the Treasury Finance and Financial Sector Government Operations and Politics Government employees' health insurance Government paperwork Health Income tax Individual retirement accounts Interest rates Law Partnerships Pension funds Small business Standards Tax deductions Tax evasion Tax exclusion Tax penalties Tax returns Taxation Transportation and Public Works Trusts and trustees Labor and Employment 00 2008-06-26 Introduced in House 2008-07-08T21:01:45Z Pension Protection Technical Corrections Act of 2008 - Makes technical corrections to the Employee Retirement Income Security Act of 1974 (ERISA) and the Internal Revenue Code to conform to the Pension Protection Act of 2006 regarding various specified items, including: (1) the target normal cost of benefits; (2) specified implementation and effective dates for certain requirements; (3) one-participant retirement plans; (4) special age-related rules in accrued benefit requirements for applicable defined benefit plans; (5) inapplicability in certain cases of the limitation on income deductions (for tax purposes) for employer contributions to one or more defined contribution plans; and (6) adjustments to averaging in the determination of the value of the assets of single-employer defined benefit pension plans for minimum funding purposes.

Makes technical corrections to the Railroad Retirement Act of 1974 with respect to railroad retirement payments to persons not entitled to an annuity.

Makes technical corrections to the Age Discrimination in Employment Act of 1967 with respect to special age-related rules for determination of the market rate of return in the calculation of interest credits in governmental defined benefit plans.

Makes technical corrections to the Internal Revenue Code to modify: (1) the interest rate assumption required with respect to certain small employer plans; and (2) the penalties for failure to file partnership returns and S corporation returns.

Prescribes a special rule for exclusion from gross income of certain reimbursements from governmental plans for medical care.

Requires treatment as a qualified rollover contribution of any airline payment amount received by a qualified airline employee in an airline carrier bankruptcy which is transferred to a Roth IRA.

]]> 81 2008-07-09 Passed House without amendment 2008-10-14T15:44:53Z (This measure has not been amended since it was introduced. The summary has been expanded because action occurred on the measure.)

Pension Protection Technical Corrections Act of 2008 - Title I: Technical Corrections Related to the Pension Protection Act of 2006 - (Sec. 101) Makes technical corrections to the Employee Retirement Income Security Act of 1974 (ERISA) and the Internal Revenue Code to conform to the Pension Protection Act of 2006 regarding various specified items, including: (1) the target normal cost of benefits; (2) specified implementation and effective dates for certain requirements; (3) one-participant retirement plans; (4) special age-related rules in accrued benefit requirements for applicable defined benefit plans; (5) inapplicability in certain cases of the limitation on income deductions (for tax purposes) for employer contributions to one or more defined contribution plans; and (6) adjustments to averaging in the determination of the value of the assets of single-employer defined benefit pension plans for minimum funding purposes.

(Sec. 110) Makes technical corrections to the Railroad Retirement Act of 1974 with respect to railroad retirement payments to persons not entitled to an annuity.

Title II: Other Provisions - (Sec. 201) Requires that the value of assets for any ERISA plan under the averaging method be adjusted for expected earnings (in addition to contributions and distributions, as under current law).

(Sec. 202) Modifies the interest rate assumption required with respect to certain small employer plans.

(Sec. 203) Makes technical corrections to the Age Discrimination in Employment Act of 1967 with respect to special age-related rules for determination of the market rate of return in the calculation of interest credits in governmental defined benefit plans.

(Sec. 204) Prescribes a special rule for exclusion from gross income of certain reimbursements from governmental plans for health care expenses of a deceased plan participant's beneficiary.

(Sec. 205) Requires treatment as a qualified rollover contribution of any airline payment amount received by a qualified airline employee in an airline carrier bankruptcy which is transferred to a Roth IRA.

(Sec. 206) Increases by $4 the penalties for failure to file partnership returns and S corporation returns.

]]> Pension Protection Technical Corrections Act of 2008 Short Titles as Introduced Pension Protection Technical Corrections Act of 2008 Short Titles as Passed House Pension Protection Technical Corrections Act of 2008 H House Display Title Pension Protection Technical Corrections Act of 2008 Official Title as Introduced To make technical corrections related to the Pension Protection Act of 2006, and for other purposes. Referred in Senate 2008-08-01T04:00:00Z Engrossed in House 2008-07-09T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-110hr6382eh/xml/BILLS-110hr6382eh.xml Introduced in House 2008-06-26T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-110hr6382ih/xml/BILLS-110hr6382ih.xml 2008-08-01 Read twice and referred to the Committee on Health, Education, Labor, and Pensions. 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.