United States 117th Congress Status: In Committee 1 R cosponsors

HR 6912 — Pooled Employer Plan Fix Act

Last action — Referred to the House Committee on Education and Labor.

  1. ✓
    Introduced
  2. 2
    In Committee
  3. 3
    Passed House
  4. 4
    Passed Senate
  5. 5
    To Executive
  6. 6
    Enacted

This bill died with 117th Congress. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.

This bill is no longer active — its legislative session has ended, so there are no live odds of enactment. It would have to be reintroduced in the current session to move again.

Summary

Pooled Employer Plan Fix Act This bill requires pooled employer retirement plans to designate a named fiduciary to collect contributions to the plan and implement written contribution collection procedures that are reasonable, diligent, and systematic. Current law requires a plan to designate one or more trustees to perform these tasks.

Bill Text

How this bill changes current law

1 change Share ↗

Compared against current U.S. Code AI-generated reading aid — verify against the official bill.

The bill adds a requirement for pooled employer plans to designate a named fiduciary responsible for collecting contributions and to implement specific collection procedures.

  • 29 U.S.C. 1002(43)(B)(ii)

    ``(ii) designate a named fiduciary (other than an employer in the plan) to be responsible for collecting contributions to the plan;''. → ``(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;''.

    This change introduces the requirement for the named fiduciary to have written procedures for collecting contributions.

Action History

  1. Introduced in House

  2. Introduced in House

  3. Referred to the House Committee on Education and Labor.

Sponsors

Sponsorship breakdown

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1 sponsors · 0 co-sponsors · 546 not signed on

Sponsors (1)

Co-sponsors (0)

None.

Not signed on (546)

546 members have not signed on to this bill.

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"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Subjects

finance labor
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Frequently asked questions

What does HR 6912 do?
Pooled Employer Plan Fix Act This bill requires pooled employer retirement plans to designate a named fiduciary to collect contributions to the plan and implement written contribution collection procedures that are reasonable, diligent, and systematic. Current law requires a plan to designate one or more trustees to perform these tasks.
Who sponsors HR 6912?
HR 6912 is sponsored by Allen, Rick W. (Republican).
What is the current status of HR 6912?
This bill died with 117th Congress. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
Where can I track HR 6912?
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Last checked for changes 3 months ago · updated continuously

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