House Bill 3031
115th Congress(2017-2018)
TSP Modernization Act of 2017
Active
Passed Senate on Nov 6, 2017
Origin Chamber
House
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
3031
Congress
115
Policy Area
Government Operations and Politics
Government Operations and Politics
Primary focus of measure is government administration, including agency organization, contracting, facilities and property, information management and services; rulemaking and administrative law; elections and political activities; government employees and officials; Presidents; ethics and public participation; postal service. Measures concerning agency appropriations and the budget process may fall under Economics and Public Finance policy area.
checkPassed on October 11, 2017
Status
Passed
Type
Voice Vote
Voice Vote
A vote in which the presiding officer states the question, then asks those in favor and against to say "Yea" or "Nay," respectively, and announces the result according to his or her judgment. The names or numbers of senators voting on each side are not recorded.
Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.(text: CR H7954)
Summary
TSP Modernization Act of 2017
This bill modifies the rules relating to withdrawals from the Thrift Savings Plan accounts of former federal employees and Members of Congress. Under current law, such employees and Members may make only one partial withdrawal upon reaching age 59-1/2 while employed or one withdrawal after retirement. The bill permits an unlimited number of such withdrawals.
The bill also eliminates: (1) the automatic annuity as a default option if the plan participant does not make an election to establish an annuity, and (2) the limitation on age-based in-service withdrawals.
October 16, 2017
October 11, 2017
October 10, 2017
June 23, 2017
11/17/2017
Signed by President.
11/08/2017
Presented to President.
11/07/2017
Message on Senate action sent to the House.
11/06/2017
Passed Senate without amendment by Unanimous Consent. (consideration: CR S7029)
11/06/2017
Passed/agreed to in Senate: Passed Senate without amendment by Unanimous Consent.(consideration: CR S7029)
10/16/2017
Received in the Senate, read twice.
10/11/2017
Motion to reconsider laid on the table Agreed to without objection.
10/11/2017
On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H7954)
10/11/2017
Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.(text: CR H7954)
10/11/2017
DEBATE - The House proceeded with forty minutes of debate on H.R. 3031.
10/11/2017
Considered under suspension of the rules. (consideration: CR H7954-7955)
10/11/2017
Mr. Russell moved to suspend the rules and pass the bill, as amended.
10/10/2017
Placed on the Union Calendar, Calendar No. 248.
10/10/2017
Reported by the Committee on Oversight and Government Reform. H. Rept. 115-343.
07/19/2017
Ordered to be Reported by Voice Vote.
07/19/2017
Committee Consideration and Mark-up Session Held.
06/23/2017
Referred to the House Committee on Oversight and Government Reform.
06/23/2017
Introduced in House
Public Record
Record Updated
Sep 5, 2023 4:12:05 PM