1、 https:/crsreports.congress.gov Updated July 19, 2019H.R. 397 (116th Congress), the Rehabilitation for Multiemployer Pensions ActIn the 116th Congress, H.R. 397, the Rehabilitation for Multiemployer Pensions Act, would provide financial assistance to financially troubled multiemployer defined benefi
2、t (DB) pension plans that meet specified criteria. The financial assistance would consist of loans with a 30-year repayment term and, if the loan were insufficient to restore a plan to solvency, additional financial assistance. H.R. 397 has been reported out of the House Education and Labor and Hous
3、e Ways and Means Committees. In the 115th Congress, two nearly identical billsH.R. 4444, the Rehabilitation for Multiemployer Pensions Act, and S. 2147, the Butch Lewis Actwere introduced in the House and Senate. A Senate version of the proposal has not been reintroduced in the 116th Congress as of
4、July 19, 2019. The Congressional Budget Offices (CBOs) preliminary estimate of H.R. 397 indicated that the bill would increase the deficit by $64.4 billion over 10 years. CBOs preliminary analysis of S. 2147 in the 115th Congress indicated that budgetary effects were highly uncertain because of diff
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