S. 2788 · 116th Congress
Bipartisan American Miners Act of 2019
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Never voted on. It didn't reach a floor vote before the 116th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
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ManchinSponsor14 cosponsors · 11 D, 3 R
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Brown
SC
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Capito
BC
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Casey
RD
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Durbin
TD
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Duckworth
DJ
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Jones
TK
D
Kaine
MM
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McConnell
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Portman
KS
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Sinema
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Van Hollen
MW
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Warner
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Reed
TC
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Carper12 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
This bill transfers certain funds to provide pension and health benefits for retired coal miners who have been affected by issues such as coal company bankruptcies.
What it does: CRS summary · Introduced in Senate · Nov 6, 2019
Bipartisan American Miners Act of 2019
This bill transfers certain funds to provide pension and health benefits for retired coal miners who have been affected by issues such as coal company bankruptcies.
The Department of the Treasury must transfer additional funds to the 1974 United Mine Workers of America (UMWA) Pension Plan to pay pension benefits required under that plan if the annual limit on transfers under the Surface Mining Control and Reclamation Act of 1977 exceeds the amount required to be transferred for existing obligations of the Abandoned Mine Reclamation Fund. The bill also increases the annual limit on transfers from $490 million to $750 million.
The bill also adds miners affected by 2018 and 2019 coal company bankruptcies to the group whose retiree health benefits are taken into account in determining the amount that Treasury must transfer under current law to the Multiemployer Health Benefit Plan.
Additionally, the bill allows in-service distributions under a pension plan or governmental section 457(b) plan at age 59-1/2. The distributions are currently permitted at age 62 for pension plans and at age 70-1/2 for governmental section 457(b) plans.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Bipartisan American Miners Act of 2019
Latest action (Nov 6, 2019): Read twice and referred to the Committee on Finance.
Policy area: Labor and Employment · Origin: Senate · Introduced: Nov 6, 2019
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.