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United States · Bill · S

S. 1837 (104th)

401(k) Pension Protection Act of 1996

referredUnited States· United States Congress· EN

Introduced

5 June 1996

Last action

5 June 1996 · Introduced

Status

Read twice and referred to the Committee on Labor and Human Resources.

Sponsors

Sen. Boxer, Barbara [D-CA]

Subjects

Discovery layer

Source updated

21 August 2025

Summary

401(k) Pension Protection Act of 1996 - Amends the Employee Retirement Income Protection Act of 1974 (ERISA) to require that (Internal Revenue Code section) 401(k)-type pension plans be subject to the same prohibited transaction rules that apply to traditional defined benefit pension plans under ERISA. Requires 401(k)-type plans (by extending such ERISA protections to them) to have diversified investments, and prohibits them from investing more than ten percent of their assets in securities and real property of the sponsoring employer.

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

Timeline

  1. 5 June 1996

    Introduced

    Read twice and referred to the Committee on Labor and Human Resources.

    Source: IntroReferral

  2. 5 June 1996

    Introduced

    Sponsor introductory remarks on measure. (CR S5857-5858)

    Source: IntroReferral

  3. 5 June 1996

    Introduced

    Introduced in Senate

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in Senate (text)

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Leesvertaling

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  • Introduced in Senate (text)

    Introduced in Senate · EN · 5 June 1996

    ViewDownloadOpen at official source

  • Introduced in Senate (PDF)

    Introduced in Senate · EN · 5 June 1996

    ViewDownloadOpen at official source

    Leesvertaling

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  • Introduced in Senate

    summary · EN · 5 June 1996

    Open at official source

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Sponsors

Related records

Sources

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