401(k) Pension Protection Act of 1996

Summary

401(k) Pension Protection Act of 1996 - Amends the Employee Retirement Income Protection Act of 1974 (ERISA) to require that (Internal Revenue Code section) 401(k)-type pension plans be subject to the same prohibited transaction rules that apply to traditional defined benefit pension plans under ERISA. Requires 401(k)-type plans (by extending such ERISA protections to them) to have diversified investments, and prohibits them from investing more than ten percent of their assets in securities and real property of the sponsoring employer.

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

Timeline

1. 20 June 1996

   Introduced

   Referred to the House Committee on Economic and Educational Opportunities.

   Source: IntroReferral

2. 20 June 1996

   Introduced

   Introduced in House

   Source: IntroReferral

3. 20 June 1996

   Introduced

   Introduced in House

   Source: IntroReferral

4. 8 July 1996

   Referred

   Referred to the Subcommittee on Employer-Employee Relations.

   Source: Committee

5. 23 July 1996

   Introduced

   Sponsor introductory remarks on measure. (CR E1345)

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in House · 20 June 1996 · Download file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 20 June 1996

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 20 June 1996

  ViewDownloadOpen at official source

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• Introduced in House

  summary · EN · 20 June 1996

  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. Condit, Gary A. [D-CA-18] · D · Sponsor
• Rep. Lipinski, William O. [D-IL-3] · D · Cosponsor
• Rep. Thompson, Bennie G. [D-MS-2] · D · Cosponsor
• Rep. McDermott, Jim [D-WA-7] · D · Cosponsor
• Rep. Coyne, William J. [D-PA-14] · D · Cosponsor
• Sen. Durbin, Richard J. [D-IL] · D · Cosponsor
• Rep. Fazio, Vic [D-CA-3] · D · Cosponsor
• Rep. Gejdenson, Sam [D-CT-2] · D · Cosponsor
• Rep. Walsh, James T. [R-NY-25] · R · Cosponsor
• · hsed00 · Standing

Related records

• related to ← 401(k) Pension Protection Act of 1996