On November 19, 2021, the U.S. House of Representatives passed H.R. 5376, the Build Back Better Act (“BBB Act” or “the Act”).
The House of Representatives passed the Build Back Better bill. The House-passed version of the bill contains several IRA provisions.
The Infrastructure Act includes additional pension funding relief, disaster relief changes, and new digital asset reporting requirements.
The President has signed into law the Infrastructure Investment and Jobs Act.
The much-anticipated Infrastructure Investment and Jobs Act (the Act) has passed the House of Representatives months after its approval in the Senate.
Leadership from the House Committee on Education and Labor and its Subcommittee on Health, Employment, Labor and Pensions have introduced the RISE Act to expand worker access to a secure retirement.
Representative Jim Himes (D-CT) and Senator Mark Warner (D-VA) have announced legislation to establish universal, portable retirement accounts.
Proposed House Budget Reconciliation Amendment Includes IRA Restrictions
The House Ways and Means Committee has released draft legislative text as part of what is currently planned to be a $3.5 trillion tax and spending package.
Senators Bill Cassidy and Robert Menendez have introduced legislation that would make permanent certain rules for distributions and loans from retirement plans and IRAs in connection with federally declared disasters.