Bill Sponsor
House Bill 6912
117th Congress(2021-2022)
Pooled Employer Plan Fix Act
Introduced
Introduced
Introduced in House on Mar 3, 2022
Overview
Text
Introduced in House 
Mar 3, 2022
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Introduced in House(Mar 3, 2022)
Mar 3, 2022
No Linkage Found
About Linkage
Multiple bills can contain the same text. This could be an identical bill in the opposite chamber or a smaller bill with a section embedded in a larger bill.
Bill Sponsor regularly scans bill texts to find sections that are contained in other bill texts. When a matching section is found, the bills containing that section can be viewed by clicking "View Bills" within the bill text section.
Bill Sponsor is currently only finding exact word-for-word section matches. In a future release, partial matches will be included.
H. R. 6912 (Introduced-in-House)


117th CONGRESS
2d Session
H. R. 6912


To amend the Employee Retirement Income Security Act of 1974 to require that named fiduciaries collect contributions to pooled employer plans, and for other purposes.


IN THE HOUSE OF REPRESENTATIVES

March 3, 2022

Mr. Allen (for himself and Mr. DeSaulnier) introduced the following bill; which was referred to the Committee on Education and Labor


A BILL

To amend the Employee Retirement Income Security Act of 1974 to require that named fiduciaries collect contributions to pooled employer plans, and for other purposes.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. Short title.

This Act may be cited as the “Pooled Employer Plan Fix Act ”.

SEC. 2. Pooled employer plan fiduciary requirement.

Section 3(43)(B)(ii) of the Employee Retirement Income Security Act of 1974 (29 U.S.C. 1002(43)(B)(ii)) is amended to read as follows:

“(ii) designate a named fiduciary (other than an employer in the plan) to be responsible for collecting contributions to the plan and require such fiduciary to implement written contribution collection procedures that are reasonable, diligent, and systematic;”.