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H.R.4158 - Retirement Plan Modernization Act115th Congress (2017-2018) |

Bill

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Sponsor: Rep. Walberg, Tim [R-MI-7] (Introduced 10/26/2017)
Committees: House - Education and the Workforce; Ways and Means
Latest Action: House - 10/26/2017 Referred to the Committee on Education and the Workforce, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.  (All Actions)

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This bill has the status Introduced

Here are the steps for Status of Legislation:

  1. Introduced
  2. Passed House
  3. Passed Senate
  4. To President
  5. Became Law

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  • Constitutional Authority Statement
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Summary: H.R.4158 — 115th Congress (2017-2018)All Information (Except Text)

There is one summary for H.R.4158. Bill summaries are authored by CRS.

Shown Here:
Introduced in House (10/26/2017)

Retirement Plan Modernization Act

This bill amends the Internal Revenue Code and the Employee Retirement Income Security Act of 1974 (ERISA) to increase from $5,000 to $7,600 the amount of accrued benefits in a pension plan that may be immediately distributed without the consent of the participant. The bill also requires the increased limit to be adjusted for inflation after 2018.