Smart Savings Act

Summary

Smart Savings Act - Makes the default investment in the Thrift Savings Plan (TSP) an age-appropriate target date asset allocation portfolio (L Fund), instead of the Government Securities Investment Fund (G Fund), if no election has been made for the investment of available funds. Retains the Government Securities Investment Fund as the default fund for members of the uniformed services. Requires TSP participants whose default fund is an age-appropriate L Fund to sign a risk acknowledgement before beginning TSP contributions.

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Timeline

1. 12 March 2014

   Introduced

   Read twice and referred to the Committee on Homeland Security and Governmental Affairs.

   Source: IntroReferral

2. 12 March 2014

   Introduced

   Introduced in Senate

   Source: IntroReferral

3. 25 June 2014

   Reported

   Committee on Homeland Security and Governmental Affairs. Ordered to be reported without amendment favorably.

   Source: Committee

4. 31 July 2014

   Calendars

   Placed on Senate Legislative Calendar under General Orders. Calendar No. 522.

   Source: Calendars

5. 31 July 2014

   Reported

   Committee on Homeland Security and Governmental Affairs. Reported by Senator Carper without amendment. Without written report.

   Source: Committee

6. 31 July 2014

   Reported

   Committee on Homeland Security and Governmental Affairs. Reported by Senator Carper without amendment. Without written report.

   Source: Committee

7. 26 August 2014

   Committee

   By Senator Carper from Committee on Homeland Security and Governmental Affairs filed written report under authority of the order of the Senate of 08/05/2014. Report No. 113-244.

   Source: Committee

8. 26 August 2014

   Floor

   By Senator Carper from Committee on Homeland Security and Governmental Affairs filed written report under authority of the order of the Senate of 08/05/2014. Report No. 113-244.

   Source: Floor

9. 16 September 2014

   Passed

   Passed/agreed to in Senate: Passed Senate with an amendment by Unanimous Consent.

   Source: Floor

10. 16 September 2014

    Floor

    Measure laid before Senate by unanimous consent. (consideration: CR S5647)

    Source: Floor

11. 17 September 2014

    Floor

    Message on Senate action sent to the House.

    Source: Floor

12. 17 September 2014

    Floor

    Received in the House.

    Source: Floor

13. 17 September 2014

    Floor

    Held at the desk.

    Source: Floor

Votes

No vote records are attached yet.

Versions

• Engrossed in Senate · 16 September 2014 · Official file
• Reported to Senate · 31 July 2014 · Official file
• Introduced in Senate · 12 March 2014 · Official file

Documents

9 official files

• Engrossed in Senate (text)

  Engrossed in Senate · EN · 16 September 2014

  ViewDownloadOpen at official source

• Engrossed in Senate (PDF)

  Engrossed in Senate · EN · 16 September 2014

  ViewDownloadOpen at official source

• Passed Senate amended

  summary · EN · 16 September 2014

  Open at official source

• Reported to Senate (text)

  Reported to Senate · EN · 31 July 2014

  ViewDownloadOpen at official source

• Reported to Senate (PDF)

  Reported to Senate · EN · 31 July 2014

  ViewDownloadOpen at official source

• Reported to Senate without amendment

  summary · EN · 31 July 2014

  Open at official source

• Introduced in Senate (text)

  Introduced in Senate · EN · 12 March 2014

  ViewDownloadOpen at official source

• Introduced in Senate (PDF)

  Introduced in Senate · EN · 12 March 2014

  ViewDownloadOpen at official source

• Introduced in Senate

  summary · EN · 12 March 2014

  Open at official source

Sponsors

• Elizabeth Warren · D · Sponsor
• Sen. Portman, Rob [R-OH] · R · Sponsor
• Sen. Begich, Mark [D-AK] · D · Cosponsor
• Sen. Enzi, Michael B. [R-WY] · R · Cosponsor
• Sen. Tester, Jon [D-MT] · D · Cosponsor
• · ssga00 · Standing

Related records

• related to → Smart Savings Act