Senate Bill 4310
117th Congress(2021-2022)
Emergency Savings Act of 2022
Introduced
Introduced in Senate on May 25, 2022
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
4310
Congress
117
Policy Area
Labor and Employment
Labor and Employment
Primary focus of measure is matters affecting hiring and composition of the workforce, wages and benefits, labor-management relations; occupational safety, personnel management, unemployment compensation. Measures concerning public-sector employment may fall under Government Operations and Politics policy area.
No Senate votes have been held for this bill.
Summary
Emergency Savings Act of 2022
This bill permits employer-sponsored retirement plans to offer participants a pension-linked emergency savings account (1) with a maximum account limit of $2,500, and (2) from which withdrawals are not subject to a tax penalty.
May 25, 2022
Sort by most recent
05/25/2022
Read twice and referred to the Committee on Finance.
05/25/2022
Introduced in Senate
Public Record
Record Updated
Aug 25, 2023 10:47:52 PM