legislation: 114-hr-5427

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bill_id congress bill_type bill_number title policy_area introduced_date latest_action_date latest_action_text origin_chamber sponsor_name sponsor_state sponsor_party sponsor_bioguide_id cosponsor_count summary_text update_date url
114-hr-5427 114 hr 5427 Stand Up For Students Act Education 2016-06-09 2016-09-19 Referred to the Subcommittee on Early Childhood, Elementary, and Secondary Education. House Rep. Dold, Robert J. [R-IL-10] IL R D000613 0 Stand Up For Students Act This bill amends the Elementary and Secondary Education Act of 1965 (ESEA) to limit the use of ESEA funds for contributions to teacher retirement or pension systems in excess of the normal cost of benefits for an applicable plan year. Specifically, the bill prohibits a state from requiring a local educational agency to use ESEA funds to make such excess payments to a teacher retirement or pension system. However, this limitation shall not apply to a system for a given plan year if the system certifies that, with respect to the plan year, the ratio of the value of the system's assets to its accrued liability exceeds 50%. 2023-01-11T13:32:49Z  

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