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United States · Bill · HR

H.R. 397 (116th)

Rehabilitation for Multiemployer Pensions Act of 2019

openUnited States· United States Congress· EN

Introduced

9 January 2019

Last action

19 December 2019 · Calendars

Status

Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 390.

Sponsors

Rep. Neal, Richard E. [D-MA-1], Rep. King, Peter T. [R-NY-2], Rep. Scott, Robert C. "Bobby" [D-VA-3], Rep. Young, Don [R-AK-At Large], Rep. Dingell, Debbie [D-MI-6], Rep. Smith, Christopher H. [R-NJ-4], Rep. Norcross, Donald [D-NJ-1], Rep. Katko, John [R-NY-24], Rep. Kaptur, Marcy [D-OH-9], Rep. Fortenberry, Jeff [R-NE-1], Rep. Moore, Gwen [D-WI-4], Rep. Cleaver, Emanuel [D-MO-5], Rep. Lynch, Stephen F. [D-MA-8], Rep. Schakowsky, Janice D. [D-IL-9], Rep. Huizenga, Bill [R-MI-4], Rep. Ryan, Tim [D-OH-13], Rep. Maloney, Sean Patrick [D-NY-18], Rep. Fitzpatrick, Brian K. [R-PA-1], Rep. Kelly, Robin L. [D-IL-2], Rep. McCollum, Betty [D-MN-4], Rep. Brownley, Julia [D-CA-26], Rep. Khanna, Ro [D-CA-17], Rep. Wilson, Frederica S. [D-FL-24], Rep. Hastings, Alcee L. [D-FL-20], Rep. Loebsack, David [D-IA-2], Rep. Beatty, Joyce [D-OH-3], Rep. Pingree, Chellie [D-ME-1], Rep. Sires, Albio [D-NJ-13], Rep. Stauber, Pete [R-MN-8], Rep. Higgins, Brian [D-NY-26], Rep. Sewell, Terri A. [D-AL-7], Rep. Lamb, Conor [D-PA-17], Rep. Velázquez, Nydia M. [D-NY-7], Rep. Rice, Kathleen M. [D-NY-4], Rep. Bustos, Cheri [D-IL-17], Rep. Cohen, Steve [D-TN-9], Rep. Espaillat, Adriano [D-NY-13], Rep. Lipinski, Daniel [D-IL-3], Del. Sablan, Gregorio Kilili Camacho [D-MP-At Large], Rep. Kildee, Daniel T. [D-MI-5], Rep. Brindisi, Anthony [D-NY-22], Rep. Titus, Dina [D-NV-1], Rep. Craig, Angie [D-MN-2], Rep. Pallone, Frank [D-NJ-6], Sen. Schiff, Adam B. [D-CA], Rep. Smith, Adam [D-WA-9], Rep. DeLauro, Rosa L. [D-CT-3], Rep. Serrano, Jose E. [D-NY-15]

Subjects

Discovery layer

Source updated

13 January 2026

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Summary

Rehabilitation for Multiemployer Pensions Act This bill establishes the Pension Rehabilitation Administration within the Department of the Treasury and a related trust fund to make loans to certain multiemployer defined benefit pension plans. To receive a loan, a plan must be either in critical and declining status (including any plan with respect to which a suspension of benefits has been approved) or insolvent, if the plan became insolvent after December 16, 2014, and has not been terminated. Treasury must issue bonds to fund the loan program and transfer amounts equal to the proceeds to the trust fund established by this bill. The Pension Rehabilitation Administration may use the funds, without a further appropriation, to make loans, pay principal and interest on the bonds, or for administrative and operating expenses. The bill allows the sponsor of a multiemployer pension plan that is applying for a loan under this bill to also apply to the Pension Benefit Guaranty Corporation (PBGC) for financial assistance if, after receiving the loan, the plan will still become (or remain) insolvent within the 30-year period beginning on the date of the loan. The bill also appropriates to the PBGC the funds that are necessary to provide the financial assistance required by this bill.

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

Timeline

  1. 9 January 2019

    Introduced

    Introduced in House

    Source: IntroReferral

  2. 9 January 2019

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 9 January 2019

    Introduced

    Referred to the Committee on Education and Labor, and in addition to the Committees on Ways and Means, and Appropriations, 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

  4. 1 March 2019

    Referred

    Referred to the Subcommittee on Worker and Family Support.

    Source: Committee

  5. 11 June 2019

    Vote

    Ordered to be Reported (Amended) by the Yeas and Nays: 26 - 18.

    Source: Committee

  6. 11 June 2019

    Committee

    Committee Consideration and Mark-up Session Held.

    Source: Committee

  7. 10 July 2019

    Vote

    Ordered to be Reported in the Nature of a Substitute by the Yeas and Nays: 25 - 17.

    Source: Committee

  8. 10 July 2019

    Committee

    Committee Consideration and Mark-up Session Held.

    Source: Committee

  9. 18 July 2019

    Reported

    Reported (Amended) by the Committee on Ways and Means. H. Rept. 116-159, Part I.

    Source: Committee

  10. 18 July 2019

    Reported

    Reported (Amended) by the Committee on Ways and Means. H. Rept. 116-159, Part I.

    Source: Committee

  11. 19 July 2019

    Calendars

    Placed on the Union Calendar, Calendar No. 123.

    Source: Calendars

  12. 19 July 2019

    Discharge

    Committee on Appropriations discharged.

    Source: Discharge

  13. 19 July 2019

    Committee

    Committee on Appropriations discharged.

    Source: Committee

  14. 19 July 2019

    Reported

    Reported (Amended) by the Committee on Education and Labor. H. Rept. 116-159, Part II.

    Source: Committee

  15. 19 July 2019

    Reported

    Reported (Amended) by the Committee on Education and Labor. H. Rept. 116-159, Part II.

    Source: Committee

  16. 23 July 2019

    Reported

    Rules Committee Resolution H. Res. 509 Reported to House. Rule provides for consideration of H.R. 397 and H.R. 3239. Resolution provides for consideration of both H.R. 397 and H.R. 3239 under structured rules. Resolution also provides that it shall be in order on the legislative day of July 25, 2019 or July 26, 2019 that the House suspend the rules. Resolution additionally provides for proceedings from the period from July 29, 2019 through September 6, 2019.

    Source: Floor

  17. 24 July 2019

    Passed

    Motion to reconsider laid on the table Agreed to without objection.

    Source: Floor

  18. 24 July 2019

    Vote

    On passage Passed by recorded vote: 264 - 169 (Roll no. 505). (text: CR H7318-7323)

    Source: Floor

  19. 24 July 2019

    Vote

    Passed/agreed to in House: On passage Passed by recorded vote: 264 - 169 (Roll no. 505).(text: CR H7318-7323)

    Source: Floor

  20. 24 July 2019

    Vote

    On motion to recommit with instructions Failed by recorded vote: 200 - 232 (Roll no. 504).

    Source: Floor

  21. 24 July 2019

    Floor

    The previous question on the motion to recommit with instructions was ordered without objection.

    Source: Floor

  22. 24 July 2019

    Floor

    Mr. Mast moved to recommit with instructions to the Committee on Education and Labor. (text: CR H7346)

    Source: Floor

  23. 24 July 2019

    Floor

    Rule provides for consideration of H.R. 397 and H.R. 3239. Resolution provides for consideration of both H.R. 397 and H.R. 3239 under structured rules. Resolution also provides that it shall be in order on the legislative day of July 25, 2019 or July 26, 2019 that the House suspend the rules. Resolution additionally provides for proceedings from the period from July 29, 2019 through September 6, 2019.

    Source: Floor

  24. 24 July 2019

    Floor

    The previous question was ordered pursuant to the rule.

    Source: Floor

  25. 24 July 2019

    Floor

    Considered under the provisions of rule H. Res. 509. (consideration: CR H7318-7335)

    Source: Floor

  26. 25 July 2019

    Introduced

    Received in the Senate.

    Source: IntroReferral

  27. 18 December 2019

    Calendars

    Read the first time. Placed on Senate Legislative Calendar under Read the First Time.

    Source: Calendars

  28. 19 December 2019

    Calendars

    Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 390.

    Source: Calendars

Votes

25 July 2019 · passed · On Passage · Passed · Official source

Yes 264 · No 169 · Abstain — · Absent/not voting 0

Showing the first 4 recorded positions. Vote totals above are complete.

25 July 2019 · failed · On Motion to Recommit with Instructions · Failed · Official source

Yes 200 · No 232 · Abstain — · Absent/not voting 0

Showing the first 4 recorded positions. Vote totals above are complete.

Versions

Documents

14 official files

Placed on Calendar Senate (text)

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  • Placed on Calendar Senate (text)

    Placed on Calendar Senate · EN · 19 December 2019

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  • Placed on Calendar Senate (PDF)

    Placed on Calendar Senate · EN · 19 December 2019

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  • Received in Senate (text)

    Received in Senate · EN · 25 July 2019

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  • Received in Senate (PDF)

    Received in Senate · EN · 25 July 2019

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  • Engrossed in House (text)

    Engrossed in House · EN · 24 July 2019

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  • Engrossed in House (PDF)

    Engrossed in House · EN · 24 July 2019

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  • Passed House

    summary · EN · 24 July 2019

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  • Reported in House (text)

    Reported in House · EN · 19 July 2019

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  • Reported in House (PDF)

    Reported in House · EN · 19 July 2019

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  • Reported to House, Part II

    summary · EN · 19 July 2019

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  • Reported to House, Part I

    summary · EN · 18 July 2019

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  • Introduced in House (text)

    Introduced in House · EN · 9 January 2019

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  • Introduced in House (PDF)

    Introduced in House · EN · 9 January 2019

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  • Introduced in House

    summary · EN · 9 January 2019

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Sponsors

Showing 48 of 213 sponsors and actors.

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Sources

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