3.0.0 2070 2023-01-11T13:27:34Z 2023-01-11T13:27:34Z House HR 2015-04-28 114 [Congressional Record Volume 161, Number 62 (Tuesday, April 28, 2015)]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. LUETKEMEYER:H.R. 2070.Congress has the power to enact this legislation pursuantto the following:The Constitutional authority on which this bill rests isthe power of Congress to lay and collect taxes, duties,imposts, and excises to pay the debts and provide for thecommon Defense and general welfare of the United States, asenumerated in Article I, Section 8, Clause 1. Additionally,Congress has the Constitutional authority to regulatecommerce among the States and with Indian Tribes, asenumerated in Article I, Section 8, Clause 3.[Page H2499]]]> hsed00 Education and the Workforce Committee House Standing hsed02 Health, Employment, Labor, and Pensions Subcommittee Referred to 2015-11-16T21:25:18Z Referred to 2015-04-28T16:04:35Z hswm00 Ways and Means Committee House Standing Referred to 2015-04-28T16:04:30Z Vested Employee Pension Benefit Protection Act 114 1658 S 2015-06-24 Read twice and referred to the Committee on Finance. Related bill CRS 2015-11-16 hsed02 Health, Employment, Labor, and Pensions Subcommittee 1 House committee actions Referred to the Subcommittee on Health, Employment, Labor, and Pensions. Committee 2015-04-28 Referred to the Committee on Ways and Means, and in addition to the Committee on Education and the Workforce, 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 2015-04-28 Referred to the Committee on Ways and Means, and in addition to the Committee on Education and the Workforce, 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 2015-04-28 Referred to the Committee on Ways and Means, and in addition to the Committee on Education and the Workforce, 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 2015-04-28 Introduced in House IntroReferral Intro-H 9 Library of Congress 2015-04-28 Introduced in House IntroReferral 1000 9 Library of Congress L000569 Rep. Luetkemeyer, Blaine [R-MO-3] Blaine Luetkemeyer R MO 3 N W000812 Rep. Wagner, Ann [R-MO-2] Ann Wagner R MO 2 2015-04-28 True D000619 Rep. Davis, Rodney [R-IL-13] Rodney Davis R IL 13 2015-04-28 True B001295 Rep. Bost, Mike [R-IL-12] Mike Bost R IL 12 2015-04-28 True S000364 Rep. Shimkus, John [R-IL-15] JOHN SHIMKUS R IL M. 15 2015-05-21 False C001049 Rep. Clay, Wm. Lacy [D-MO-1] WM. CLAY D MO LACY 1 2015-11-19 False S000250 Rep. Sessions, Pete [R-TX-32] PETE SESSIONS R TX 32 2015-12-11 False Taxation Building construction Employee benefits and pensions Income tax deferral Taxation 00 2015-04-28 Introduced in House 2015-06-04T19:00:41Z Vested Employee Pension Benefit Protection Act

Amends the Internal Revenue Code to allow employees in the building and construction industry to make distributions from their tax-exempt multi-employer pension plan at age 55 if they are not separated from employment at the time of such distributions and were participants in such plan on or before April 30, 2013, and the plan provides for payment of separate accrued benefits when the employee attains the plan's normal retirement age. Suspends payment of distributions for such building and construction industry employees if their multi-employer plan is in endangered or critical status.

]]> Vested Employee Pension Benefit Protection Act Display Title Vested Employee Pension Benefit Protection Act Official Title as Introduced To amend the Internal Revenue Code of 1986 to protect employees in the building and construction industry who are participants in multiemployer plans, and for other purposes. Introduced in House IH Short Titles as Introduced Vested Employee Pension Benefit Protection Act Introduced in House 2015-04-28T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-114hr2070ih/xml/BILLS-114hr2070ih.xml 2015-11-16 Referred to the Subcommittee on Health, Employment, 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.