Skip to content
PoliticalRepoPoliticalRepo

United States · Bill · HR

H.R. 739 (106th)

Retirement Account Portability Act of 1999

referredUnited States· United States Congress· EN

Introduced

11 February 1999

Last action

5 March 1999 · Referred

Status

Referred to the Subcommittee on Employer-Employee Relations.

Sponsors

Rep. Pomeroy, Earl [D-ND-At Large], Rep. Kolbe, Jim [R-AZ-8], Rep. Stenholm, Charles W. [D-TX-17], Rep. Johnson, Nancy L. [R-CT-5], Rep. Smith, Adam [D-WA-9], Rep. Shays, Christopher [R-CT-4], Rep. DeLauro, Rosa L. [D-CT-3], Rep. Gejdenson, Sam [D-CT-2], Rep. Upton, Fred [R-MI-6], Rep. Frost, Martin [D-TX-24], Rep. Shows, Ronnie [D-MS-4], Rep. Doyle, Michael F. [D-PA-14], Rep. Deutsch, Peter [D-FL-20], Rep. Paul, Ron [R-TX-14], Rep. Petri, Thomas E. [R-WI-6], Rep. Luther, Bill [D-MN-6], Rep. Wynn, Albert Russell [D-MD-4], Rep. Hinchey, Maurice D. [D-NY-22], Rep. Thurman, Karen L. [D-FL-5], Rep. Vento, Bruce F. [D-MN-4], Rep. Frank, Barney [D-MA-4], Rep. Lewis, John [D-GA-5], Rep. Engel, Eliot L. [D-NY-16], Rep. Nadler, Jerrold [D-NY-12], Rep. Olver, John W. [D-MA-1], Rep. Snyder, Vic [D-AR-2], Rep. Berkley, Shelley [D-NV-1], Rep. Bishop, Sanford D. [D-GA-2], Rep. Blagojevich, Rod R. [D-IL-5], Rep. DeFazio, Peter A. [D-OR-4], Rep. Kuykendall, Steven T. [R-CA-36], Rep. Martinez, Matthew G. [D-CA-31], Rep. Lofgren, Zoe [D-CA-18], Rep. Levin, Sander M. [D-MI-12], Rep. Ganske, Greg [R-IA-4], Rep. Barrett, Thomas M. [D-WI-5], Rep. Moore, Dennis [D-KS-3], Rep. Lee, Barbara [D-CA-12], Rep. Kleczka, Gerald D. [D-WI-4], Rep. Stupak, Bart [D-MI-1], Rep. Ackerman, Gary L. [D-NY-5], Rep. Kucinich, Dennis J. [D-OH-10], Rep. Mink, Patsy T. [D-HI-2], Rep. Watt, Melvin L. [D-NC-12], Rep. Baldacci, John Elias [D-ME-2], Rep. Evans, Lane [D-IL-17]

Subjects

Taxation

Source updated

23 March 2026

Taxation

Official sourceDownload fileView documentsShare

Summary

Retirement Account Portability Act of 1999 - Amends the Internal Revenue Code to permit rollovers from State and tax-exempt instrumentalities and from and to public school retirement plans. (Sec. 3) Permits individual retirement plan (IRA) rollovers only if the entire amount is deposited into another defined contribution retirement plan and certain other conditions are met. (Sec. 4) Provides for faster vesting of employer matching contributions. (Sec. 5) Amends the Employee Retirement Income Security Act of 1974 (ERISA) to extend single employer missing participant provisions to multiemployer plans. Authorizes transfer of a missing participant's benefits to a corporation upon termination of certain pension plans. (Sec. 6) Removes certain restrictions on the rollover of after-tax contributions. Provides a hardship exception to the 60-day transfer requirement. (Sec. 7) Permits distributions upon severance from employment (currently upon separation from employment). (Sec. 8) States that a transferee defined contribution plan shall not be treated as having failed to meet certain requirements because it does not provide for some or all of the distribution options available under a transferor defined contribution plan. (Sec. 9) Authorizes employers to disregard rollovers for purposes of employee cash-out amounts under the Code and ERISA. (Sec. 10) Authorizes trustee-to-trustee transfers to purchase permissive service credit with respect to Federal or public school and State and tax-exempt instrumentality pension plans.

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

Timeline

  1. 11 February 1999

    Introduced

    Introduced in House

    Source: IntroReferral

  2. 11 February 1999

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 11 February 1999

    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

  4. 11 February 1999

    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

  5. 5 March 1999

    Referred

    Referred to the Subcommittee on Employer-Employee Relations.

    Source: Committee

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in House (text)

View fileDownload file

This file cannot be previewed here. Use View or Download.

Leesvertaling

Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

  • Introduced in House (text)

    Introduced in House · EN · 11 February 1999

    ViewDownloadOpen at official source

  • Introduced in House (PDF)

    Introduced in House · EN · 11 February 1999

    ViewDownloadOpen at official source

    Leesvertaling

    Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

    Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

  • Introduced in House

    summary · EN · 11 February 1999

    Open at official source

    Leesvertaling

    Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

    Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

Sponsors

Related records

No cross-record relationships stored yet.

Sources

PoliticalRepo is an index and interpretation layer, not the authoritative legal source.