United States · Bill · HR
H.R. 3672 (105th)
Employee Pension Portability and Accountability Act of 1998
Introduced
1 April 1998
Last action
26 June 1998 · Introduced
Status
Sponsor introductory remarks on measure. (CR E1252-1253)
Sponsors
Rep. Neal, Richard E. [D-MA-1], Rep. Rangel, Charles B. [D-NY-15], Rep. Coyne, William J. [D-PA-14], Rep. Matsui, Robert T. [D-CA-5], Rep. Levin, Sander M. [D-MI-12], Rep. McDermott, Jim [D-WA-7], Rep. Gejdenson, Sam [D-CT-2], Rep. Pomeroy, Earl [D-ND-At Large], Sen. Stabenow, Debbie [D-MI], Rep. Lewis, John [D-GA-5], Rep. Moakley, John Joseph [D-MA-9], Rep. McGovern, James P. [D-MA-2], Rep. Delahunt, William D. [D-MA-10], Rep. Gutierrez, Luis V. [D-IL-4], Rep. Stark, Fortney Pete [D-CA-13], Del. Underwood, Robert A. [D-GU-At Large], Rep. Manton, Thomas J. [D-NY-7], Rep. Kleczka, Gerald D. [D-WI-4], Rep. Lee, Barbara [D-CA-12]
Subjects
Taxation
Source updated
23 March 2026
Summary
Employee Pension Portability and Accountability Act of 1998 - Amends the Internal Revenue Code, with respect to retirement savings, to: (1) require an employer, upon request from an employee, to withhold retirement savings from wages; (2) provide a credit to eligible small employers for pension plan start-up costs; (3) permit an employer to establish a Secure Money Annuity or Retirement (SMART) Trust (as defined); (4) provide for faster vesting of employer matching contributions under a plan including an accrued benefit derived from such contributions; (5) require spousal pension right-to- know provisions; (6) require one-percent employer contributions under the alternative method of meeting nondiscrimination requirements for 401(k) plans; (7) redefine the term highly compensated employee; and (8) revise multiemployer plan provisions with respect to the special limitation rule, the exemption for survivor and disability benefits, the full funding limitation, valuation, and partial termination rules.
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
1 April 1998
Introduced
Referred to House Ways and Means
Source: IntroReferral
1 April 1998
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
1 April 1998
Introduced
Introduced in House
Source: IntroReferral
1 April 1998
Introduced
Introduced in House
Source: IntroReferral
2 April 1998
Introduced
Sponsor introductory remarks on measure. (CR E579-581)
Source: IntroReferral
5 May 1998
Referred
Referred to the Subcommittee on Employer-Employee Relations.
Source: Committee
26 June 1998
Introduced
Sponsor introductory remarks on measure. (CR E1252-1253)
Source: IntroReferral
Votes
No vote records are attached yet.
Versions
- Introduced in House · 1 April 1998 · Download file
Documents
3 official files
Introduced in House (text)
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Introduced in House (text)
Introduced in House · EN · 1 April 1998
Introduced in House (PDF)
Introduced in House · EN · 1 April 1998
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Introduced in House
summary · EN · 1 April 1998
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Sponsors
- Rep. Neal, Richard E. [D-MA-1] · D · Sponsor
- Rep. Rangel, Charles B. [D-NY-15] · D · Sponsor
- Rep. Coyne, William J. [D-PA-14] · D · Sponsor
- Rep. Matsui, Robert T. [D-CA-5] · D · Sponsor
- Rep. Levin, Sander M. [D-MI-12] · D · Sponsor
- Rep. McDermott, Jim [D-WA-7] · D · Sponsor
- Rep. Gejdenson, Sam [D-CT-2] · D · Sponsor
- Rep. Pomeroy, Earl [D-ND-At Large] · D · Sponsor
- Sen. Stabenow, Debbie [D-MI] · D · Sponsor
- Rep. Lewis, John [D-GA-5] · D · Cosponsor
- Rep. Moakley, John Joseph [D-MA-9] · D · Cosponsor
- Rep. McGovern, James P. [D-MA-2] · D · Cosponsor
- Rep. Delahunt, William D. [D-MA-10] · D · Cosponsor
- Rep. Gutierrez, Luis V. [D-IL-4] · D · Cosponsor
- Rep. Stark, Fortney Pete [D-CA-13] · D · Cosponsor
- Del. Underwood, Robert A. [D-GU-At Large] · D · Cosponsor
- Rep. Manton, Thomas J. [D-NY-7] · D · Cosponsor
- Rep. Kleczka, Gerald D. [D-WI-4] · D · Cosponsor
- Rep. Lee, Barbara [D-CA-12] · D · Cosponsor
- · hsed00 · Standing
- · hswm00 · Standing
Related records
No cross-record relationships stored yet.
Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/105th-congress/house-bill/3672
- Open data entity: https://api.congress.gov/v3/bill/105/hr/3672
- us · 105-hr-3672 · source updated 23 March 2026