Public Law 115-24: Disapproving the rule submitted by the Department of Labor relating to savings arrangements established by qualified State political subdivisions for non-governmental employees.

By | July 7, 2018
Seal of the U.S. Department of Labor

Seal of the U.S. Department of Labor.

Nullifies a rule of the Department of Labor regarding savings arrangements established by states for non-governmental employees.

Official Summary

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

(The rule amends a final regulation that describes how states may design and operate payroll deduction savings programs for private-sector employees, including programs that use automatic enrollment, without causing the states or private-sector employers to have established employee pension benefit plans under the Employee Retirement Income Security Act of 1974 [ERISA]. The amendment expands the regulation beyond states to cover qualified state political subdivisions and their programs that otherwise comply with the regulation.)

Passed House
Date
Passed Senate
2017-03-30
Signed by President
Date
Became Public Law
Date
Passed House
2017-02-15
Passed Senate
Date
Signed by President
2017-04-13
Became Public Law
2017-04-13

Amendments

None.

Sponsors

Original sponsor: Rep. Rooney, Francis [R-FL-19]

Cosponsors: Rep. Walberg, Tim [R-MI-7], 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=00099

Passed House: http://clerk.house.gov/evs/2017/roll095.xml

Related bill:  SJRES 33 (Did not pass Senate)

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