Public Law 115-35: Disapproving the rule submitted by the Department of Labor relating to savings arrangements established by States for non-governmental employees.

By | July 6, 2018
Seal of the U.S. Department of Labor

Seal of the U.S. Department of Labor.

Nullifies a Department of Labor rule regarding state payroll deduction savings plans.

Official Summary

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This joint resolution nullifies a rule submitted by the Department of Labor’s Employee Benefits Security Administration regarding savings arrangements established by states for non-governmental employees.

(The rule describes circumstances in which state payroll deduction savings programs with automatic enrollment would not give rise to the establishment of employee pension benefit plans under the Employee Retirement Income Security Act of 1974 [ERISA]. It provides guidance to states designing the programs to reduce the risk of ERISA preemption of state laws and private-sector employers that may be covered by the state laws.)

Passed House
2017-02-15
Passed Senate
2017-05-03
Signed by President
2017-05-17
Became Public Law
2017-05-17

Amendments

None.

Sponsors

Original sponsor: Rep. Walberg, Tim [R-MI-7]

Cosponsors: Rep. Rooney, Francis [R-FL-19], Rep. Foxx, Virginia [R-NC-5], Rep. Roe, David P. [R-TN-1], Rep. Sessions, Pete [R-TX-32], Rep. Messer, Luke [R-IN-6], Rep. Wilson, Joe [R-SC-2], Rep. Mitchell, Paul [R-MI-10]

Votes

Passed Senate: http://www.senate.gov/legislative/LIS/roll_call_lists/roll_call_vote_cfm.cfm?&congress=115&session=1&vote=00120

Passed House: http://clerk.house.gov/evs/2017/roll096.xml

Related bill:  SJRES 32 (Did not pass the Senate)

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