[Congressional Bills 107th Congress]
[From the U.S. Government Publishing Office]
[H. Res. 544 Introduced in House (IH)]






107th CONGRESS
  2d Session
H. RES. 544

 Expressing the sense of the House of Representatives on permanency of 
                       pension reform provisions.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                           September 24, 2002

Mr. Sullivan submitted the following resolution; which was referred to 
                    the Committee on Ways and Means

_______________________________________________________________________

                               RESOLUTION


 
 Expressing the sense of the House of Representatives on permanency of 
                       pension reform provisions.

Whereas increasing pension coverage and pension savings is crucial to retirement 
        security;
Whereas the Economic Growth and Tax Relief Reconciliation Act of 2001 provided 
        significant bipartisan pension reforms that would increase pension 
        savings and increase the number of employees covered by employer pension 
        plans;
Whereas these pension reforms are scheduled to expire after 2010;
Whereas a bipartisan majority of the House of Representatives passed H.R. 4931, 
        the Retirement Security Savings Act of 2002, on June 21, 2002 by a vote 
        of 308-70 to permanently extend these important pension benefits;
Whereas failure to enact H.R. 4931 would significantly impact retirement 
        planning and retirement security by eliminating pension reforms that 
        exist under present law; and
Whereas the Senate has not passed the Retirement Security Savings Act of 2002 or 
        equivalent legislation: Now, therefore, be it
    Resolved, That it is the sense of the House of Representatives that 
the Congress should complete action in the 107th Congress on the 
Retirement Security Savings Act of 2002 and present such legislation to 
the President for his signature prior to adjournment so that American 
workers can be assured that the pension reforms under present law will 
not be eliminated.
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