legislation: 114-s-3240

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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-s-3240 114 s 3240 Pension and Budget Integrity Act of 2016 Economics and Public Finance 2016-07-14 2016-07-14 Read twice and referred to the Committee on the Budget. Senate Sen. Enzi, Michael B. [R-WY] WY R E000285 3 Pension and Budget Integrity Act of 2016 This bill prohibits provisions that increase or extend an increase of Pension Benefit Guaranty Corporation (PBGC) premiums from being counted as an offset to determine budget points of order for legislation in the House or the Senate. (The PBGC is a federal agency that insures the benefits of private sector, defined benefit pension plans. The PBGC is financed by insurance premiums paid by sponsors of the plans, investment income, assets from pension plans taken over by the PBGC, and recoveries from the companies formerly responsible for the plans. This bill prevents increases in PBGC premiums from being used to pay for provisions that increase the deficit in determining whether a budget point of order applies to legislation.) 2023-01-11T13:33:12Z  

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