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United States · Law · HR

H.R. 5872 (101st)

To amend title I of the Employee Retirement Income Security Act of 1974 to require qualifying employer securities to include interests in publicly traded partnerships.

enactedUnited States· United States Congress· EN

Introduced

19 October 1990

Last action

Status

Became Public Law No: 101-540.

Sponsors

Subjects

Discovery layer

Source updated

21 July 2025

Summary

Amends the Employee Retirement Income Security Act of 1974 to include under the definition of qualifying employer security (in addition to a stock or a marketable obligation) an interest in an existing publicly traded partnership. Requires such an interest to satisfy certain requirements as to maximum percentage held by plan and minimum percentage held by persons independent of the plan, in the case of a plan other than an eligible individual account plan.

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Documents

6 official files

Received in Senate (text)

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