Bill Sponsor
Senate Bill 270
115th Congress(2017-2018)
Pension and Budget Integrity Act of 2017
Introduced
Introduced
Introduced in Senate on Feb 1, 2017
Overview
Text
Sponsor
Introduced
Feb 1, 2017
Latest Action
Feb 1, 2017
Origin Chamber
Senate
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
270
Congress
115
Policy Area
Economics and Public Finance
Economics and Public Finance
Primary focus of measure is budgetary matters such as appropriations, public debt, the budget process, government lending, government accounts and trust funds; monetary policy and inflation; economic development, performance, and economic theory.
Sponsorship by Party
Senate Votes (0)
House Votes (0)
No Senate votes have been held for this bill.
Summary

Pension and Budget Integrity Act of 2017

This bill prohibits provisions that increase or extend an increase of Pension Benefit Guaranty Corporation (PBGC) premiums from being counted as an offset to determine budget points of order for legislation in the House or the Senate.

(The PBGC is a federal agency that insures the benefits of private sector, defined benefit pension plans. The PBGC is financed by insurance premiums paid by sponsors of the plans, investment income, assets from pension plans taken over by the PBGC, and recoveries from the companies formerly responsible for the plans. This bill prevents increases in PBGC premiums from being used to pay for provisions that increase the deficit in determining whether a budget point of order applies to legislation.)

Text (1)
February 1, 2017
Actions (2)
02/01/2017
Read twice and referred to the Committee on the Budget.
02/01/2017
Introduced in Senate
Public Record
Record Updated
Jan 11, 2023 1:34:51 PM