Skip to content
PoliticalRepoPoliticalRepo

United States · Bill · HR

H.R. 2844 (114th)

Keep Our Pension Promises Act

referredUnited States· United States Congress· EN

Introduced

19 June 2015

Last action

16 November 2015 · Referred

Status

Referred to the Subcommittee on Health, Employment, Labor, and Pensions.

Sponsors

Rep. Kaptur, Marcy [D-OH-9], Rep. Ryan, Tim [D-OH-13], Rep. Ellison, Keith [D-MN-5], Rep. Schakowsky, Janice D. [D-IL-9], Rep. Boyle, Brendan F. [D-PA-2], Rep. Honda, Michael M. [D-CA-15], Rep. Slaughter, Louise McIntosh [D-NY-25], Rep. Moore, Gwen [D-WI-4], Rep. Veasey, Marc A. [D-TX-33], Rep. McDermott, Jim [D-WA-7], Rep. Visclosky, Peter J. [D-IN-1], Rep. Beatty, Joyce [D-OH-3], Rep. Lofgren, Zoe [D-CA-18], Rep. Nolan, Richard M. [D-MN-8], Del. Norton, Eleanor Holmes [D-DC-At Large], Rep. Velázquez, Nydia M. [D-NY-7], Rep. Lieu, Ted [D-CA-36], Rep. O'Rourke, Beto [D-TX-16], Rep. Sires, Albio [D-NJ-13], Rep. Green, Gene [D-TX-29], Rep. Clarke, Yvette D. [D-NY-9], Rep. Pallone, Frank [D-NJ-6], Rep. Chu, Judy [D-CA-28], Rep. Payne, Donald M., Jr. [D-NJ-10], Rep. Jeffries, Hakeem S. [D-NY-8], Rep. Garamendi, John [D-CA-8], Rep. Adams, Alma S. [D-NC-12], Rep. Cohen, Steve [D-TN-9], Rep. Bustos, Cheri [D-IL-17], Rep. Kildee, Daniel T. [D-MI-5], Rep. Grayson, Alan [D-FL-9], Rep. Peterson, Collin C. [D-MN-7], Rep. Dingell, Debbie [D-MI-6], Rep. Johnson, Henry C. "Hank" [D-GA-4], Rep. Yarmuth, John A. [D-KY-3], David Scott, Rep. Tonko, Paul [D-NY-20], Rep. Kelly, Robin L. [D-IL-2], Rep. Cleaver, Emanuel [D-MO-5], Rep. Jackson Lee, Sheila [D-TX-18], Rep. Higgins, Brian [D-NY-26], Rep. McCollum, Betty [D-MN-4], Rep. Langevin, James R. [D-RI-2], Rep. Johnson, Eddie Bernice [D-TX-30], Sen. Duckworth, Tammy [D-IL], Rep. Napolitano, Grace F. [D-CA-32], Rep. Vela, Filemon [D-TX-34], Rep. Roybal-Allard, Lucille [D-CA-40]

Subjects

Taxation

Source updated

23 March 2026

Taxation

Official sourceDownload fileView documentsShare

Summary

Keep Our Pension Promises Act This bill repeals the elimination of the pension anti-cutback provisions under the Multiemployer Pension Reform Act of 2014. The anti-cutback provisions prohibit reductions in pension benefits to participants in multiemployer pension plans. The bill amends the Employee Retirement Income Security Act of 1974 (ERISA) to allow a plan sponsor of an eligible multiemployer plan to petition the Pension Benefit Guaranty Corporation for a partition of a financially-troubled pension plan. PBGC is required to establish a legacy fund to cover the administrative and benefit costs resulting from a partition.. The bill amends the federal bankruptcy code to assign first claim priority to pension obligations under ERISA. The bill amends the Internal Revenue Code to: (1) impose a limit of $1 million on the exemption of the gain from the exchange of real property in a like kind exchange, (2) prohibit the use of like kind exchanges for collectibles, (3) establish estate valuation rules for certain transfers of nonbusiness assets, and (4) limit estate tax discounts for certain individuals with minority interests in a business acquired from a decedent.

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

Timeline

  1. 19 June 2015

    Introduced

    Referred to the Committee on Education and the Workforce, and in addition to the Committees on Ways and Means, and the Judiciary, 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. 19 June 2015

    Introduced

    Referred to the Committee on Education and the Workforce, and in addition to the Committees on Ways and Means, and the Judiciary, 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. 19 June 2015

    Introduced

    Sponsor introductory remarks on measure. (CR E936)

    Source: IntroReferral

  4. 19 June 2015

    Introduced

    Introduced in House

    Source: IntroReferral

  5. 19 June 2015

    Introduced

    Introduced in House

    Source: IntroReferral

  6. 9 July 2015

    Referred

    Referred to the Subcommittee on Regulatory Reform, Commercial And Antitrust Law.

    Source: Committee

  7. 16 November 2015

    Referred

    Referred to the Subcommittee on Health, Employment, Labor, and Pensions.

    Source: Committee

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in House (text)

View fileDownload file

This file cannot be previewed here. Use View or Download.

Leesvertaling

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

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

  • Introduced in House (text)

    Introduced in House · EN · 19 June 2015

    ViewDownloadOpen at official source

  • Introduced in House (PDF)

    Introduced in House · EN · 19 June 2015

    ViewDownloadOpen at official source

    Leesvertaling

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

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

  • Introduced in House

    summary · EN · 19 June 2015

    Open at official source

    Leesvertaling

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

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

Sponsors

Showing 48 of 59 sponsors and actors.

Related records

Sources

PoliticalRepo is an index and interpretation layer, not the authoritative legal source.