summary
Introduced
11/06/2019
11/06/2019
In Committee
11/06/2019
11/06/2019
Crossed Over
Passed
Dead
12/31/2020
12/31/2020
Introduced Session
116th Congress
Bill Summary
A BILL To amend the Surface Mining Control and Reclamation Act of 1977 to transfer certain funds to the 1974 United Mine Workers of America Pension Plan, and for other purposes. 1
AI Summary
This bill, the Bipartisan American Miners Act of 2019, amends the Surface Mining Control and Reclamation Act of 1977 to transfer additional funds, up to $750 million, from the Abandoned Mine Reclamation Fund to the 1974 United Mine Workers of America (UMWA) Pension Plan to help pay benefits. It also imposes certain requirements on the 1974 UMWA Pension Plan, such as maintaining critical status and a rehabilitation plan, and enhances annual reporting to the Treasury Department and Pension Benefit Guaranty Corporation. Additionally, the bill reduces the minimum age for in-service distributions from qualified retirement plans and governmental 457(b) plans from 62 to 59 1/2 years old.
Committee Categories
Budget and Finance
Sponsors (15)
Joe Manchin (I)*,
Sherrod Brown (D),
Shelley Moore Capito (R),
Tom Carper (D),
Bob Casey (D),
Tammy Duckworth (D),
Dick Durbin (D),
Doug Jones (D),
Tim Kaine (D),
Mitch McConnell (R),
Rob Portman (R),
Jack Reed (D),
Kyrsten Sinema (I),
Chris Van Hollen (D),
Mark Warner (D),
Last Action
Read twice and referred to the Committee on Finance. (on 11/06/2019)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.congress.gov/bill/116th-congress/senate-bill/2788/all-info |
| BillText | https://www.congress.gov/116/bills/s2788/BILLS-116s2788is.pdf |
| Bill | https://www.congress.gov/116/bills/s2788/BILLS-116s2788is.pdf.pdf |
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