401(k) Pension Protection Act of 1997

referredUnited States· United States Congress· EN

Introduced

21 January 1997

Last action

21 January 1997 · Introduced

Status

Read twice and referred to the Committee on Finance.

Summary

401(k) Pension Protection Act of 1997 - Amends the Employee Retirement Income Protection Act of 1974 with respect to the exemption of an eligible individual account plan from the limitations on investment of 401(k) pension plans in employer securities and employer real property. Prohibits an employer from requiring that more than ten percent of employee contributions (elective salary deferrals) to the 401(k) plan be invested in such employer securities and real property. Exempts from the ten percent limit any plan that permits participating employees to determine whether to be invested in such employer securities and real property (thus leaving such employees free to assume the risk of undiversified investment in their employer). Provides for protection of employees assuming such risk by the application of the same prohibited transaction rules that apply to traditional defined benefit pension plans.

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

Timeline

21 January 1997
Introduced
Read twice and referred to the Committee on Finance.
Source: IntroReferral
21 January 1997
Introduced
Sponsor introductory remarks on measure. (CR S488)
Source: IntroReferral
21 January 1997
Introduced
Introduced in Senate
Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Introduced in Senate · 21 January 1997 · Download file

Documents

3 official files

Introduced in Senate (text)

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Introduced in Senate (text)
Introduced in Senate · EN · 21 January 1997
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Introduced in Senate (PDF)
Introduced in Senate · EN · 21 January 1997
View Download Open at official source
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Introduced in Senate
summary · EN · 21 January 1997
Open at official source
Leesvertaling
Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.
Vertaal naar
Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

Related records

related to → 401(k) Pension Protection Act of 1997

Sources

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

Official source: https://www.congress.gov/bill/105th-congress/senate-bill/106
Open data entity: https://api.congress.gov/v3/bill/105/s/106
us · 105-s-106 · source updated 21 August 2025