H.R. 5427 · 114th Congress
Stand Up For Students Act
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Never voted on. It didn't reach a floor vote before the 114th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
No cosponsors.
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.
What it does: CRS summary · Introduced in House · Jun 9, 2016
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%.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Stand Up For Students Act
Latest action (Sep 19, 2016): Referred to the Subcommittee on Early Childhood, Elementary, and Secondary Education.
Policy area: Education · Origin: House · Introduced: Jun 9, 2016
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.