Smart Savings Act
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HR 4193 — Smart Savings Act
Last action — Became Public Law No: 113-255.
No card. One bill, free forever — alerts when it moves.
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✓Introduced
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✓In Committee
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✓Passed House
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✓Passed Senate
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✓To Executive
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6Enacted
This bill has been enacted into law. Introduced March 11, 2014. Enacted.
Summary
Smart Savings Act - Makes the default investment in the Thrift Savings Plan (TSP) an age-appropriate target date asset allocation investment fund (L Fund), instead of the Government Securities Investment Fund (G Fund), if no election has been made for the investment of available funds. Retains the Government Securities Investment Fund as the default fund for members of the Uniformed Services. Requires TSP participants whose default fund is an age-appropriate L Fund to receive a risk acknowledgement prior to enrollment. Extends requirements relating to fiduciary protections to TSP beneficiaries.
Bill Text
We don't have the full text on file for this bill yet.
Read HR 4193 on the official United States source →Action History
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Became Public Law No: 113-255.
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Signed by President.
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Presented to President.
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Message on Senate action sent to the House.
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Passed Senate without amendment by Unanimous Consent. (consideration: CR S6580)
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Received in the Senate, read twice.
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On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H6162)
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DEBATE - The House proceeded with forty minutes of debate on H.R. 4193.
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Considered under suspension of the rules. (consideration: CR H6162-6164)
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Mr. Gosar moved to suspend the rules and pass the bill, as amended.
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Placed on the Union Calendar, Calendar No. 379.
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Reported by the Committee on Oversight and Government Reform. H. Rept. 113-507.
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Ordered to be Reported by Voice Vote.
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Committee Consideration and Mark-up Session Held.
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Referred to the House Committee on Oversight and Government Reform.
Sponsors
- Darrell Issa · Primary
Sponsorship breakdown
Export CSV (upgrade) →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.
Show all 546 →"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.
Subjects
Frequently asked questions
- What does HR 4193 do?
- Smart Savings Act - Makes the default investment in the Thrift Savings Plan (TSP) an age-appropriate target date asset allocation investment fund (L Fund), instead of the Government Securities Investment Fund (G Fund), if no election has been made for the investment of available funds. Retains the Government Securities Investment Fund as the default fund for members of the Uniformed Services. Requires TSP participants whose default fund is an age-appropriate L Fund to receive a risk acknowledgement prior to enrollment. Extends requirements relating to fiduciary protections to TSP beneficiaries.
- Who sponsors HR 4193?
- HR 4193 is sponsored by Darrell Issa (R).
- What is the current status of HR 4193?
- This bill has been enacted into law. Introduced March 11, 2014. Enacted.
- Where can I track HR 4193?
- Track HR 4193 free on One Click Politics — get push/email alerts when it moves.
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