H.R. 9515 · 117th Congress
General Accounts Product Clarifications Act
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Never voted on. It didn't reach a floor vote before the 117th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
D
MorelleSponsorNo cosponsors.
This bill specifies requirements for the application of the Employee Retirement Income Security Act of 1974 (ERISA) to general account policies that receive contributions from employee benefit plans.
What it does: CRS summary · Introduced in House · Dec 13, 2022
General Accounts Product Clarifications Act
This bill specifies requirements for the application of the Employee Retirement Income Security Act of 1974 (ERISA) to general account policies that receive contributions from employee benefit plans. A general account policy is an insurance policy or contract to the extent that the policy or contract allocates amounts to the insurer's general account, including any surplus in a separate account but excluding any other portion of a separate account.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: General Accounts Product Clarifications Act
Latest action (Dec 13, 2022): Referred to the House Committee on Education and Labor.
Policy area: Labor and Employment · Origin: House · Introduced: Dec 13, 2022
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.