401(k) Automatic Enrollment Act of 2005

Summary

401(k) Automatic Enrollment Act of 2005 - Amends the Internal Revenue Code and the Employee Retirement Income Security Act (ERISA) to permit 401(k) pension plans to include an automatic enrollment arrangement. Preempts State laws that would preclude automatic enrollments or automatic rollovers in tax-exempt pension plans. Limits the duties and liabilities of fiduciaries with respect to automatic rollovers of 401(k) pension plan assets. Requires notice applicable to alternative methods of meeting nondiscrimination requirements for matching contributions to 401(k) plans semiannually (currently, annually). Directs the Secretaries of the Treasury and of Labor to report jointly to Congress on low-cost individual retirement plans.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 6 April 2005

   Introduced

   Referred to the Committee on Education and the Workforce, 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.

   Source: IntroReferral

2. 6 April 2005

   Introduced

   Referred to the Committee on Education and the Workforce, 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.

   Source: IntroReferral

3. 6 April 2005

   Introduced

   Introduced in House

   Source: IntroReferral

4. 6 April 2005

   Introduced

   Introduced in House

   Source: IntroReferral

5. 29 April 2005

   Referred

   Referred to the Subcommittee on Employer-Employee Relations.

   Source: Committee

6. 20 July 2005

   Introduced

   Sponsor introductory remarks on measure. (CR H6179-6180)

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in House · 6 April 2005 · Download file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 6 April 2005

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 6 April 2005

  ViewDownloadOpen at official source

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• Introduced in House

  summary · EN · 6 April 2005

  Open at official source

  Leesvertaling

  Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

  Vertaal naarNL · DutchDE · GermanFR · FrenchES · SpanishIT · ItalianPL · PolishPT · PortugueseSV · SwedishDA · DanishFI · FinnishEL · GreekCS · CzechHU · HungarianRO · RomanianBG · BulgarianHR · CroatianSK · SlovakSL · SlovenianLT · LithuanianLV · LatvianET · EstonianGA · IrishMT · Maltese

  Vertaal document

  Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

Sponsors

• Rep. Emanuel, Rahm [D-IL-5] · D · Sponsor
• Rep. Cooper, Jim [D-TN-5] · D · Sponsor
• Rep. Harman, Jane [D-CA-36] · D · Sponsor
• Sen. Van Hollen, Chris [D-MD] · D · Sponsor
• Rep. Wasserman Schultz, Debbie [D-FL-25] · D · Sponsor
• Rep. Becerra, Xavier [D-CA-34] · D · Sponsor
• Rep. Davis, Artur [D-AL-7] · D · Cosponsor
• Rep. Moore, Dennis [D-KS-3] · D · Cosponsor
• Rep. Tierney, John F. [D-MA-6] · D · Cosponsor
• Rep. Carnahan, Russ [D-MO-3] · D · Cosponsor
• Rep. Higgins, Brian [D-NY-26] · D · Cosponsor
• Rep. DeLauro, Rosa L. [D-CT-3] · D · Cosponsor
• Rep. McCarthy, Carolyn [D-NY-4] · D · Cosponsor
• Rep. Bishop, Timothy H. [D-NY-1] · D · Cosponsor
• Rep. Bean, Melissa L. [D-IL-8] · D · Cosponsor
• · hsed00 · Standing
• · hswm00 · Standing

Related records

No cross-record relationships stored yet.