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    <number>5676</number>
    <updateDate>2022-08-10T23:36:00Z</updateDate>
    <updateDateIncludingText>2022-08-10T23:36:00Z</updateDateIncludingText>
    <originChamber>House</originChamber>
    <type>HR</type>
    <introducedDate>2020-01-24</introducedDate>
    <congress>116</congress>
    <constitutionalAuthorityStatementText><![CDATA[<pre>[Congressional Record Volume 166, Number 15 (Friday, January 24, 2020)][House]From the Congressional Record Online through the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]By Mr. SABLAN:H.R. 5676.Congress has the power to enact this legislation pursuantto the following:Under Article 1, Section 8 of the Constitution.[Page H537]</pre>]]></constitutionalAuthorityStatementText>
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        <name>Ways and Means Committee</name>
        <chamber>House</chamber>
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            <name>Referred to</name>
            <date>2020-01-24T19:02:10Z</date>
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        <name>Education and the Workforce Committee</name>
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            <name>Referred to</name>
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        <actionDate>2020-01-24</actionDate>
        <text>Referred to the Committee on Education and Labor, and in addition to the Committee on Ways and Means, 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>
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        <actionDate>2020-01-24</actionDate>
        <text>Referred to the Committee on Education and Labor, and in addition to the Committee on Ways and Means, 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>
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    <sponsors>
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        <bioguideId>S001177</bioguideId>
        <fullName>Del. Sablan, Gregorio Kilili Camacho [D-MP-At Large]</fullName>
        <firstName>Gregorio</firstName>
        <lastName>Sablan</lastName>
        <party>D</party>
        <state>MP</state>
        <middleName>Kilili Camacho</middleName>
        <isByRequest>N</isByRequest>
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    <cosponsors>
      <item>
        <bioguideId>W000798</bioguideId>
        <fullName>Rep. Walberg, Tim [R-MI-7]</fullName>
        <firstName>Tim</firstName>
        <lastName>Walberg</lastName>
        <party>R</party>
        <state>MI</state>
        <district>7</district>
        <sponsorshipDate>2020-01-24</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
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    <policyArea>
      <name>Labor and Employment</name>
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          <name>Employee benefits and pensions</name>
        </item>
        <item>
          <name>Inflation and prices</name>
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        <name>Labor and Employment</name>
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        <actionDate>2020-01-24</actionDate>
        <actionDesc>Introduced in House</actionDesc>
        <updateDate>2021-08-10T11:50:23Z</updateDate>
        <text><![CDATA[ <p><b>Retirement Plan Modernization Act </b></p> <p>This bill increases from $5,000 to $8,000 the amount of accrued benefits in a private pension plan that may be immediately distributed without the consent of the participant. The bill also requires the increased limit to be adjusted for inflation after 2019. </p>]]></text>
      </summary>
    </summaries>
    <title>Retirement Plan Modernization Act</title>
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        <titleType>Display Title</titleType>
        <title>Retirement Plan Modernization Act</title>
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        <titleType>Official Title as Introduced</titleType>
        <title>To increase the amount of accrued benefit which a pension plan may distribute after employee separation.</title>
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        <title>Retirement Plan Modernization Act</title>
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        <type>Introduced in House</type>
        <date>2020-01-24T05:00:00Z</date>
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            <url>https://www.govinfo.gov/content/pkg/BILLS-116hr5676ih/xml/BILLS-116hr5676ih.xml</url>
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    <latestAction>
      <actionDate>2020-01-24</actionDate>
      <text>Referred to the Committee on Education and Labor, and in addition to the Committee on Ways and Means, 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>
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    <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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