Showing the text of H. R. 397, as ordered reported by the Committee on Education and Labor and the Committee on Ways and Means, with modifications. Text of H.R. 397 PDF XML (as reported by the Committee on Ways and Means and the Committee on Education and Labor) H. Rept. 116-159, Part 1 PDF


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Hr 397

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SHORT TITLE. 2 This Act may be cited as the ‘‘Rehabilitation for Mul- July 24, 2019 U.S. House of Representatives Washington, D.C. 20515 Dear Representative, You will soon consider H.R. 397, the Rehabilitation for Multiemployer Pensions Act. On behalf of the more than one million members and supporters of the Council for Citizens Against Government Waste (CCAGW), I urge you to oppose this legislation. There are about 1,400 multiemployer pension plans across an Rules Committee Resolution H. Res. 509 Reported to House. Rule provides for consideration of H.R. 397 and H.R. 3239. Resolution provides for consideration of both H.R. 397 and H.R. 3239 under structured rules. Resolution also provides that it shall be in order on the legislative day of July 25, 2019 or July 26, 2019 that the House suspend the HR 397 would create a new agency called the Pension Rehabilitation Administration within the Department of the Treasury and a related trust fund to make loans to multiemployer defined benefit pension plans that are either in critical and declining status (including any plan that the Treasury approved for suspension of benefits) or insolvent, if Well, the Concluding paragraph in your earlier Post on Minority views stated that HR 397 has little chance of passing in the Senate. Hopefully they’re correct as we (meaning the Taxpayers) have enough MOOCHERS to deal with already (Public Sector Unions/workers), and we don’t need another group to deal with, the MEP participants.

Cost Estimate. As published in Rules Committee Print 116-24 on July 19, 2019.

1 day ago

Östersund. 3d.

Hr 397

Nov 28, 2019 Known as the Butch Lewis Act, H.R. 397 is designed to stabilize the looming crisis facing multi-employer pension plans, which cover an 

Hr 397

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Hr 397

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Hr 397

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Even a small amount of contamination can ruin the end result in a paint … 2019-07-09 2019-07-26 H.R. 397 would establish the Pension Rehabilitation Administration (PRA), an agency within the U.S. Department of the Treasury. The PRA would make loans to multiemployer plans that were in critical and declining status, including plans with approved applications for the suspension of benefits under the Multiemployer Pension Reform Act HR 397 Added 07/09/2019 at 11:27 AM; Amendments. AINS to HR 397 Added 07/09/2019 at 11:23 AM; Support Documents. JCT Description of HR 397, as introduced Added 07/22/2019 at 12:12 PM; JCT Description of the Chairman's Amendment in the Nature of a 1 day ago 2019-07-23 US Congress HR397 2019-2020 Rehabilitation for Multiemployer Pensions Act of 2019 This bill establishes the Pension Rehabilitation Administration within the Department of the Treasury and a related trust fund to make loans to certain multiemployer defined benefit pension plans To receive a loan a plan must be 1 in critical and declining status including any plan with respect to which a After markup in both the House Education, Labor and Pensions Committee and the Ways and Means Committee, HR 397, the Rehabilitation for Multiemployer Pensions Act of 2019, often referred to as the Butch Lewis Act, was taken up on the floor of the US House of Representatives and overwhelmingly passed by a vote of 264 to 169, with 29 Republicans joining Democrats to advance the bill out of the H.R. 397 would increase revenues by $3.2 billion rather than by $19.2 billion over the 2019-2029 period. CBO and JCT estimate that without those provisions, enacting H.R. 397 would increase on-budget deficits by more than $5 billion in the 2030-2039 period but not over the three subsequent 10-year periods.

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