[Congressional Record Volume 164, Number 68 (Thursday, April 26, 2018)]
[Senate]
[Page S2466]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
Unanimous Consent Request
Mrs. MURRAY. Mr. President, I ask unanimous consent that the Senate
now proceed to the immediate consideration of a bill, which is at the
desk, that provides alternative minimum funding rules for certain
single-employer plans maintained by a community newspaper; that the
bill be considered read a third time and passed; and that the motion to
reconsider be considered made and laid upon the table with no
intervening action or debate.
The PRESIDING OFFICER. Is there objection?
The President pro tempore.
Mr. HATCH. Reserving the right to object, Mr. President, the
legislation in question makes a significant change to the pension
funding rule, but it is narrowly written to only address issues
concerning a single retirement plan. There are a number of companies
that have similar funding issues which are not addressed by my
colleague's proposal.
I appreciate the work that my colleague Senator Murray has done on
this issue, and I appreciate that there is ongoing bipartisan work on
issues that her legislation addresses as well as on other issues
surrounding retirement plans.
The committees with jurisdiction over these issues, including the
Finance Committee, continue to work on bipartisan solutions that have
not fully vetted the matter that my friend Senator Murray is putting
forth today. Until they do so, it is not appropriate to move this
measure forward. Therefore, I respectfully object to this unanimous
consent request.
The PRESIDING OFFICER. Objection is heard.
The President pro tempore.
Mr. HATCH. Mr. President, I suggest the absence of a quorum.
The PRESIDING OFFICER. The clerk will call the roll.
The senior assistant legislative clerk proceeded to call the roll.
Mr. McCONNELL. Mr. President, I ask unanimous consent that the order
for the quorum call be rescinded.
The PRESIDING OFFICER (Mr. Cassidy). Without objection, it is so
ordered.
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