PoliticalRepoPoliticalRepo

United States · Bill · HR

H.R. 3648 (115th)

Vested Employee Pension Benefit Protection Act

referredUnited States· United States Congress· EN

Introduced

11 August 2017

Last action

11 August 2017 · Introduced

Status

Referred to the Committee on Ways and Means, and in addition to the Committee on Education and the Workforce, 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.

Sponsors

Blaine Luetkemeyer, Mike Bost, WM. CLAY, Rodney Davis, Pete Sessions, JOHN SHIMKUS

Subjects

Taxation

Source updated

11 August 2025

Taxation

Summary

Vested Employee Pension Benefit Protection Act This bill amends the Internal Revenue Code to allow employees in the building and construction industry to make distributions from their tax-exempt multi-employer pension plan at age 55 if: (1) they are not separated from employment at the time of such distributions, (2) they were participants in such plan on or before April 30, 2013, and (3) the plan provides for payment of separate accrued benefits when the employee attains the plan's normal retirement age. The bill suspends payment of distributions for such building and construction industry employees if their multi-employer plan is in endangered or critical status.

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

Timeline

  1. 11 August 2017

    Introduced

    Referred to the Committee on Ways and Means, and in addition to the Committee on Education and the Workforce, 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. 11 August 2017

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 11 August 2017

    Introduced

    Introduced in House

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in House (text)

View fileDownload file

Sponsors

Related records

Sources

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