Fiscal Responsibility and Retirement Security Act

Summary

Fiscal Responsibility and Retirement Security Act - Amends the Public Health Service Act, as amended by the Patient Protection and Affordable Care Act, to require congressional approval of the designation by the Secretary of Health and Human Services (HHS) of a benefit plan as the CLASS Independence Benefit Plan under the CLASS program (a national, voluntary insurance program for purchasing community living assistance services and supports). Sets forth procedures for such congressional approval by joint resolution. Prohibits an employer from enrolling an employee in the CLASS program without providing specified notice to the employee, which includes: (1) the significant risk of failure of such a program; (2) information on deficits that the program is expected to run; (3) a statement that there is no separate pool of money set aside to pay the CLASS program benefits; and (4) an explanation of the immediate termination of the program if it is reported to be actuarially unsound. Prohibits premiums from being collected before the Secretary has promulgated the required regulations in final form. Terminates such program if the report by the Board of Trustees of the CLASS Independence Fund indicates that the Fund is projected to be actuarially unsound over the 75-year period beginning with the fiscal year in which such report is submitted. Establishes a refund process.

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

Timeline

1. 26 July 2010

   Introduced

   Referred to House Energy and Commerce

   Source: IntroReferral

2. 26 July 2010

   Introduced

   Referred to the Committee on Energy and Commerce, and in addition to the Committee on Rules, 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. 26 July 2010

   Introduced

   Introduced in House

   Source: IntroReferral

4. 26 July 2010

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in House · 26 July 2010 · Download file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 26 July 2010

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 26 July 2010

  ViewDownloadOpen at official source

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• Introduced in House

  summary · EN · 26 July 2010

  Open at official source

  Leesvertaling

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  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. Boustany, Charles W., Jr. [R-LA-3] · R · Sponsor
• Rep. Roe, David P. [R-TN-1] · R · Cosponsor
• Sen. Blackburn, Marsha [R-TN] · R · Cosponsor
• Rep. Rogers, Mike D. [R-AL-3] · R · Cosponsor
• Rep. Broun, Paul C. [R-GA-10] · R · Cosponsor
• Rep. Akin, W. Todd [R-MO-2] · R · Cosponsor
• Rep. Griffith, Parker [D-AL-5] · R · Cosponsor
• Rep. Posey, Bill [R-FL-8] · R · Cosponsor
• Rep. Miller, Gary G. [R-CA-42] · R · Cosponsor
• Rep. Chaffetz, Jason [R-UT-3] · R · Cosponsor
• Rep. Paul, Ron [R-TX-14] · R · Cosponsor
• Rep. Alexander, Rodney [R-LA-5] · R · Cosponsor
• Rep. Gingrey, Phil [R-GA-11] · R · Cosponsor
• Rep. Westmoreland, Lynn A. [R-GA-3] · R · Cosponsor
• Rep. Kline, John [R-MN-2] · R · Cosponsor
• Rep. Burton, Dan [R-IN-5] · R · Cosponsor
• Rep. Shadegg, John B. [R-AZ-3] · R · Cosponsor
• Rep. Marchant, Kenny [R-TX-24] · R · Cosponsor
• Rep. Bonner, Jo [R-AL-1] · R · Cosponsor
• Rep. Olson, Pete [R-TX-22] · R · Cosponsor
• Rep. Conaway, K. Michael [R-TX-11] · R · Cosponsor
• Rep. Miller, Jeff [R-FL-1] · R · Cosponsor
• Rep. Lamborn, Doug [R-CO-5] · R · Cosponsor
• Rep. Fleming, John [R-LA-4] · R · Cosponsor
• · hsru00 · Standing
• · hsif00 · Standing

Related records

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