3.0.0 2117 2023-01-11T13:25:29Z 2023-01-11T13:25:29Z Senate S S 2014-03-12 113 ssga00 Homeland Security and Governmental Affairs Committee Senate Standing Reported by 2014-07-31T21:41:04Z Markup by 2014-06-25T19:09:40Z Referred to 2014-03-12T18:02:06Z S. Rept. 113-244 Smart Savings Act 113 4193 HR 2014-12-18 Became Public Law No: 113-255. Related bill CRS Related bill House 2014-09-17 13:26:58 Held at the desk. Floor H15000 2 House floor actions 2014-09-17 Senate Message on Senate action sent to the House. Floor 2014-09-17 10:33:33 Received in the House. Floor H14000 2 House floor actions 2014-09-16 Senate Passed Senate with an amendment by Unanimous Consent. Floor 2014-09-16 Passed/agreed to in Senate: Passed Senate with an amendment by Unanimous Consent. Floor 17000 9 Library of Congress 2014-09-16 Senate Measure laid before Senate by unanimous consent. (consideration: CR S5647) Floor 2014-08-26 ssga00 Homeland Security and Governmental Affairs Committee Senate By Senator Carper from Committee on Homeland Security and Governmental Affairs filed written report under authority of the order of the Senate of 08/05/2014. Report No. 113-244. Floor 2014-08-26 By Senator Carper from Committee on Homeland Security and Governmental Affairs filed written report under authority of the order of the Senate of 08/05/2014. Report No. 113-244. Committee 14900 9 Library of Congress ssga00 Homeland Security and Governmental Affairs Committee 2014-07-31 Senate Placed on Senate Legislative Calendar under General Orders. Calendar No. 522. Calendars 2014-07-31 ssga00 Homeland Security and Governmental Affairs Committee Senate Committee on Homeland Security and Governmental Affairs. Reported by Senator Carper without amendment. Without written report. Committee 2014-07-31 Committee on Homeland Security and Governmental Affairs. Reported by Senator Carper without amendment. Without written report. Committee 14000 9 Library of Congress ssga00 Homeland Security and Governmental Affairs Committee 2014-06-25 ssga00 Homeland Security and Governmental Affairs Committee Senate Committee on Homeland Security and Governmental Affairs. Ordered to be reported without amendment favorably. Committee 2014-03-12 ssga00 Homeland Security and Governmental Affairs Committee Senate Read twice and referred to the Committee on Homeland Security and Governmental Affairs. IntroReferral 2014-03-12 Introduced in Senate IntroReferral 10000 9 Library of Congress W000817 Sen. Warren, Elizabeth [D-MA] Elizabeth Warren D MA A. N P000449 Sen. Portman, Rob [R-OH] Rob Portman R OH 2014-03-12 True B001265 Sen. Begich, Mark [D-AK] Mark Begich D AK 2014-05-07 False E000285 Sen. Enzi, Michael B. [R-WY] MICHAEL ENZI R WY B. 2014-05-07 False T000464 Sen. Tester, Jon [D-MT] Jon Tester D MT 2014-06-23 False H.R.4193 https://www.congress.gov/bill/113th-congress/house-bill/4193 Government Operations and Politics Financial services and investments Government employee pay, benefits, personnel management Government trust funds Securities Government Operations and Politics 00 2014-03-12 Introduced in Senate 2014-05-01T19:15:49Z Smart Savings Act - Makes the default investment in the Thrift Savings Plan (TSP) an age-appropriate target date asset allocation portfolio (L Fund), instead of the Government Securities Investment Fund (G Fund), if no election has been made for the investment of available funds. Retains the Government Securities Investment Fund as the default fund for members of the uniformed services. Requires TSP participants whose default fund is an age-appropriate L Fund to sign a risk acknowledgement before beginning TSP contributions.

]]> 80 2014-07-31 Reported to Senate without amendment 2014-08-22T17:50:57Z (This measure has not been amended since it was introduced. The summary of that version is repeated here.)

Smart Savings Act - Makes the default investment in the Thrift Savings Plan (TSP) an age-appropriate target date asset allocation portfolio (L Fund), instead of the Government Securities Investment Fund (G Fund), if no election has been made for the investment of available funds. Retains the Government Securities Investment Fund as the default fund for members of the uniformed services. Requires TSP participants whose default fund is an age-appropriate L Fund to sign a risk acknowledgement before beginning TSP contributions.

]]> 35 2014-09-16 Passed Senate amended 2014-10-21T19:36:25Z Smart Savings Act - Makes the default investment in the Thrift Savings Plan (TSP) an age-appropriate target date asset allocation portfolio (L Fund), instead of the Government Securities Investment Fund (G Fund), if no election has been made for the investment of available funds. Retains the Government Securities Investment Fund as the default fund for members of the Uniformed Services. Requires TSP participants whose default fund is an age-appropriate L Fund to receive a risk acknowledgement before being enrolled to make TSP contributions.

Makes this Act: (1) effective on the date the Executive Director of the Federal Retirement Thrift Investment Board issues guidance for implementing this Act, and (2) applicable to individuals who enroll in the Thrift Savings Plan on or after such date.

Extends requirements relating to fiduciary protections to TSP beneficiaries.

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Smart Savings Act Display Title Smart Savings Act Official Title as Introduced A bill to amend title 5, United States Code, to change the default investment fund under the Thrift Savings Plan, and for other purposes. Introduced in Senate IS Short Titles as Passed Senate Smart Savings Act S Senate Short Titles as Introduced Smart Savings Act Short Titles as Reported to Senate Smart Savings Act S Senate 3821 113 SAMDT In the nature of a substitute. 2022-02-03T05:45:25Z 2014-09-16 Amendment SA 3821 agreed to in Senate by Unanimous Consent. SA 3821 https://www.congress.gov/amendment/113th-congress/senate-amendment/3821 W000817 Sen. Warren, Elizabeth [D-MA] Elizabeth Warren D MA A. 4 4 P000449 Sen. Portman, Rob [R-OH] Rob Portman R OH 2014-09-16 True B001265 Sen. Begich, Mark [D-AK] Mark Begich D AK 2014-09-16 True E000285 Sen. Enzi, Michael B. [R-WY] MICHAEL ENZI R WY B. 2014-09-16 True T000464 Sen. Tester, Jon [D-MT] Jon Tester D MT 2014-09-16 True 2014-09-16T04:00:00Z 2014-09-16T04:00:00Z Senate 113 S Senate S 2117 Smart Savings Act 2023-01-11T13:25:29Z 6 2014-09-16 0 Senate Amendment SA 3821 agreed to in Senate by Unanimous Consent. Floor 2014-09-16 0 Senate Amendment SA 3821 proposed by Senator Heitkamp for Senator Warren. (consideration: CR S5647; text: CR S5647) In the nature of a substitute. Floor 2014-09-16 Senate amendment proposed (on the floor): Amendment SA 3821 proposed by Senator Heitkamp for Senator Warren.(consideration: CR S5647; text: CR S5647) Floor 93000 9 Library of Congress 2014-09-16 Senate amendment agreed to: Amendment SA 3821 agreed to in Senate by Unanimous Consent. Floor 94000 9 Library of Congress 2014-09-16 Senate amendment submitted Floor 91000 9 Library of Congress Engrossed in Senate 2014-09-16T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-113s2117es/xml/BILLS-113s2117es.xml Reported to Senate 2014-07-31T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-113s2117rs/xml/BILLS-113s2117rs.xml Introduced in Senate 2014-03-12T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-113s2117is/xml/BILLS-113s2117is.xml 2014-09-17 Held at the desk. 13:26:58 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.