3.0.0 4043 2022-11-01T13:50:19Z 2022-11-01T13:50:19Z House HR 2019-07-25 116 [Congressional Record Volume 165, Number 126 (Thursday, July 25, 2019)][House]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. LUETKEMEYER:H.R. 4043.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 H7470]]]> hsed00 Education and the Workforce Committee House Standing Referred to 2019-07-25T14:15:25Z hswm00 Ways and Means Committee House Standing Referred to 2019-07-25T14:15:20Z Vested Employee Pension Benefit Protection Act 116 2276 S 2019-07-25 Read twice and referred to the Committee on Finance. Related bill CRS 2019-07-25 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 2019-07-25 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 2019-07-25 Introduced in House IntroReferral Intro-H 9 Library of Congress 2019-07-25 Introduced in House IntroReferral 1000 9 Library of Congress L000569 Rep. Luetkemeyer, Blaine [R-MO-3] Blaine Luetkemeyer R MO 3 N C001049 Rep. Clay, Wm. Lacy [D-MO-1] WM. CLAY D MO LACY 1 2019-07-25 True B001295 Rep. Bost, Mike [R-IL-12] Mike Bost R IL 12 2019-07-25 True D000619 Rep. Davis, Rodney [R-IL-13] Rodney Davis R IL 13 2019-07-25 True S000364 Rep. Shimkus, John [R-IL-15] JOHN SHIMKUS R IL M. 15 2019-07-25 True H001053 Rep. Hartzler, Vicky [R-MO-4] Vicky Hartzler R MO 4 2019-08-13 False L000576 Rep. Long, Billy [R-MO-7] Billy Long R MO 7 2019-08-13 False Taxation Building construction Employee benefits and pensions Income tax deferral Taxation 00 2019-07-25 Introduced in House 2019-09-19T14:16:26Z Vested Employee Pension Benefit Protection Act

This bill amends the Internal Revenue Code to allow employees in the building and construction industry who have attained age 55 and are not separated from employment to make distributions from certain tax-exempt multiemployer pension plans if they were participants in such plan on or before April 30, 2013. Such payments shall be suspended during any period in which the multiemployer pension 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 Title(s) as Introduced Vested Employee Pension Benefit Protection Act Introduced in House IH Introduced in House 2019-07-25T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-116hr4043ih/xml/BILLS-116hr4043ih.xml 2019-07-25 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. 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.