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United States · Bill · HR

H.R. 735 (108th)

Postal Civil Service Retirement System Funding Reform Act of 2003

openUnited States· United States Congress· EN

Introduced

12 February 2003

Last action

8 April 2003 · Floor

Status

Laid on the table. See S. 380 for further action.

Sponsors

Rep. McHugh, John M. [R-NY-23], Rep. Waxman, Henry A. [D-CA-33], Rep. Davis, Tom [R-VA-11], Rep. Davis, Danny K. [D-IL-7], Rep. Israel, Steve [D-NY-3], Rep. Towns, Edolphus [D-NY-10], Rep. Maloney, Carolyn B. [D-NY-12], Rep. Kolbe, Jim [R-AZ-8], Rep. Sullivan, John [R-OK-1], Rep. Latham, Tom [R-IA-3], Rep. Owens, Major R. [D-NY-11], Rep. Tauscher, Ellen O. [D-CA-10], Rep. Quinn, Jack [R-NY-27], Rep. Schrock, Edward L. [R-VA-2], Rep. Miller, Candice S. [R-MI-10], Rep. Shays, Christopher [R-CT-4], Rep. Walsh, James T. [R-NY-25], Rep. Kaptur, Marcy [D-OH-9], Rep. Burton, Dan [R-IN-5], Rep. Putnam, Adam H. [R-FL-12], Rep. Clay, Wm. Lacy [D-MO-1], Rep. Lantos, Tom [D-CA-12], Rep. Leach, James A. [R-IA-2], Rep. Pryce, Deborah [R-OH-15], Rep. Lynch, Stephen F. [D-MA-8], Rep. Larson, John B. [D-CT-1], Rep. Houghton, Amo [R-NY-31], Rep. Blumenauer, Earl [D-OR-3], Rep. LoBiondo, Frank A. [R-NJ-2], Rep. Saxton, Jim [R-NJ-3], Rep. Frost, Martin [D-TX-24], Rep. Holden, Tim [D-PA-17], Rep. Diaz-Balart, Lincoln [R-FL-21], Rep. Sensenbrenner, F. James, Jr. [R-WI-5], Rep. Serrano, Jose E. [D-NY-15], Rep. Platts, Todd Russell [R-PA-19], Rep. Holt, Rush [D-NJ-12], Rep. Rahall, Nick J., II [D-WV-3], Rep. Ferguson, Mike [R-NJ-7], Rep. Wolf, Frank R. [R-VA-10], Rep. Evans, Lane [D-IL-17], Rep. McCarthy, Carolyn [D-NY-4], Rep. Watson, Diane E. [D-CA-33], Rep. Price, David E. [D-NC-4], Rep. Cannon, Chris [R-UT-3], Del. Norton, Eleanor Holmes [D-DC-At Large], Rep. Visclosky, Peter J. [D-IN-1], Rep. Costello, Jerry F. [D-IL-12]

Subjects

Postal service

Source updated

7 April 2025

Postal service

Summary

Postal Civil Service Retirement System Funding Reform Act of 2003 - Amends Federal law to revise the statutory formula for funding benefits under the Civil Service Retirement System for U.S. Postal Service employees. Mandates that savings accruing to the Postal Service and attributable to specified years: (1) be used to reduce the postal debt as the Secretary of the Treasury shall specify; and (2) be held in escrow until Congress acts following receipt of certain reports. Expresses the sense of the Congress that: (1) the savings accruing to the Postal Service as a result of the enactment of this Act will be sufficient to allow the Postal Service to fulfill its commitment to hold postage rates unchanged until at least 2006; (2) because the Postal Service still faces substantial obligations related to postretirement health benefits for its current and former employees, some portion of those savings should be used to address the unfunded obligations; and (3) none of the savings should be used to pay bonuses to Postal Service executives. Sets a deadline for submission of a mandatory Postal Service report detailing how future savings accruing to the Postal Service as a result of the enactment of this Act should be expended.

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

Timeline

  1. 12 February 2003

    Introduced

    Referred to the House Committee on Government Reform.

    Source: IntroReferral

  2. 12 February 2003

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 12 February 2003

    Introduced

    Introduced in House

    Source: IntroReferral

  4. 6 March 2003

    Reported

    Ordered to be Reported (Amended) by Voice Vote.

    Source: Committee

  5. 6 March 2003

    Committee

    Committee Consideration and Mark-up Session Held.

    Source: Committee

  6. 27 March 2003

    Calendars

    Placed on the Union Calendar, Calendar No. 30.

    Source: Calendars

  7. 27 March 2003

    Reported

    Reported (Amended) by the Committee on Government Reform. H. Rept. 108-49.

    Source: Committee

  8. 27 March 2003

    Reported

    Reported (Amended) by the Committee on Government Reform. H. Rept. 108-49.

    Source: Committee

  9. 8 April 2003

    Floor

    Laid on the table. See S. 380 for further action.

    Source: Floor

Votes

No vote records are attached yet.

Versions

Documents

6 official files

Reported in House (text)

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  • Reported in House (text)

    Reported in House · EN · 27 March 2003

    ViewDownloadOpen at official source

  • Reported in House (PDF)

    Reported in House · EN · 27 March 2003

    ViewDownloadOpen at official source

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  • Reported to House with amendment(s)

    summary · EN · 27 March 2003

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  • Introduced in House (text)

    Introduced in House · EN · 12 February 2003

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  • Introduced in House (PDF)

    Introduced in House · EN · 12 February 2003

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  • Introduced in House

    summary · EN · 12 February 2003

    Open at official source

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Sponsors

Showing 48 of 82 sponsors and actors.

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Sources

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