Pension and Budget Integrity Act of 2017

HB 761 Pension and Budget Integrity Act of 2017

US Congress 115th Congress

Pension and Budget Integrity Act of 2017
HB-761


About HB-761

Pension and Budget Integrity Act of 2017 This bill prohibits provisions that increase or extend an increase of Pension Benefit Guaranty Corporation (PBGC) premiums from being counted as an offset to determine budget points of order for legislation in the House or the Senate. (The PBGC is a federal agency that insures the benefits of private sector, defined benefit pension plans. The PBGC is financed by insurance premiums paid by sponsors of the plans, investment income, assets from pension plans taken over by the PBGC, and recoveries from the companies formerly responsible for the plans. This bill prevents increases in PBGC premiums from being used to pay for provisions that increase the deficit in determining whether a budget point of order applies to legislation.)

  

Bill Texts

Introduced 02/07/2017

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History

Introduced In House

01/31/2017

Referred To The Committee On Rules, And In Addition To The Committee On The Budget, 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.

01/31/2017

Referred To House Rules

01/31/2017

Referred To House Budget

01/31/2017