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Bill116th CongressFiled Mar 29, 2019Taxation
H.R. 1994

Setting Every Community Up for Retirement Enhancement Act of 2019

Bill journey · stage 2 of 5

Under committee review

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What it doesSummary passed house (May 23, 2019)

Setting Every Community Up for Retirement Enhancement Act of 2019

This bill modifies the requirements for employer-provided retirement plans, individual retirement accounts (IRAs), and other tax-favored savings accounts.

With respect to employer-provided retirement plans, the bill modifies requirements regarding

  • automatic enrollment and nonelective contributions;
  • tax credits for small employers that establish certain plans;
  • loans;
  • lifetime income options;
  • the treatment of custodial accounts upon termination of section 403(b) plans;
  • retirement income accounts for church-controlled organizations;
  • the eligibility rules for certain long-term, part-time employees;
  • required minimum distributions;
  • nondiscrimination rules; and
  • minimum funding standards for community newspaper plans.

The bill also includes provisions that

  • treat taxable non-tuition fellowship and stipend payments as compensation for the purpose of an IRA,
  • repeal the maximum age for traditional IRA contributions,
  • treat difficulty of care payments as compensation for determining contribution limits for retirement accounts,
  • allow penalty-free withdrawals from retirement plans if a child is born or adopted,
  • expand the purposes for which qualified tuition programs (commonly known as 529 plans) may be used,
  • reinstate and increase the tax exclusion for certain benefits provided to volunteer firefighters and emergency medical responders,
  • increase penalties for failing to file tax returns, and
  • require the Internal Revenue Service to share tax information with U.S. Customs Border Protection to administer the heavy vehicle use tax.

What just happenedJun 3, 2019

Received in the Senate.

Who’s behind it

Rep. Neal, Richard E. [D-MA-1](D-MA)Sponsor
58 cosponsors36 D22 R
Read on Congress.gov
58cosponsors2committees28actions1amendments15related bills31subjects
  1. Jun 3, 2019IntroReferral

    Received in the Senate.

  2. May 23, 2019FloorH38900

    The Clerk was authorized to correct section numbers, punctuation, and cross references, and to make other necessary technical and conforming corrections in the engrossment of H.R. 1994.

  3. May 23, 2019FloorH38310

    Motion to reconsider laid on the table Agreed to without objection.

  4. May 23, 2019FloorH37100

    On passage Passed by the Yeas and Nays: 417 - 3 (Roll no. 231). (text: CR H4124-4135)

  5. May 23, 2019Floor8000

    Passed/agreed to in House: On passage Passed by the Yeas and Nays: 417 - 3 (Roll no. 231).(text: CR H4124-4135)

  6. May 23, 2019FloorH36110

    On motion to recommit with instructions Failed by recorded vote: 200 - 222 (Roll no. 230).

    Ways and Means Committee
  7. May 23, 2019FloorH8A000

    The previous question on the motion to recommit with instructions was ordered without objection.

  8. May 23, 2019FloorH8D000

    DEBATE - The House proceeded with 10 minutes of debate on the McHenry motion to recommit with instructions. The instructions contained in the motion seek to require the bill to be reported back to the House with an amendment to add a new section at the end of title IV entitled "Reports by Taxpayers Engaged in Boycotts Etc. Affecting Israel"

  9. May 23, 2019FloorH36100

    Mr. McHenry moved to recommit with instructions to the Committee on Ways and Means. (text: CR H4147)

    Ways and Means Committee
  10. May 23, 2019FloorH30000

    Considered as unfinished business. (consideration: CR H4146-4149)

  11. May 23, 2019FloorH8D000

    POSTPONED PROCEEDINGS - Pursuant to clause 1(c) of Rule 19, the Chair postponed further proceedings on H.R. 1994.

  12. May 23, 2019FloorH35000

    The previous question was ordered pursuant to the rule.

  13. May 23, 2019FloorH8D000

    DEBATE - The House proceeded with one hour of debate on H.R. 1994.

  14. May 23, 2019FloorH8D000

    Rule provides for consideration of H.R. 1500 and H.R. 1994. The resolution provides for one hour of debate on H.R. 1500, under a structured rule, and provides for one hour of debate on H.R. 1994, under a closed rule. The resolution provides for proceedings during the period from May 24, 2019, through May 31, 2019, and provides for motions to suspend the rules on the legislative day of May 23, 2019.

  15. May 23, 2019FloorH30000

    Considered under the provisions of rule H. Res. 389. (consideration: CR H4124-4146)

  16. May 21, 2019FloorH1L220

    Rule H. Res. 389 passed House.

  17. May 20, 2019FloorH1L210

    Rules Committee Resolution H. Res. 389 Reported to House. Rule provides for consideration of H.R. 1500 and H.R. 1994. The resolution provides for one hour of debate on H.R. 1500, under a structured rule, and provides for one hour of debate on H.R. 1994, under a closed rule. The resolution provides for proceedings during the period from May 24, 2019, through May 31, 2019, and provides for motions to suspend the rules on the legislative day of May 23, 2019.

  18. May 16, 2019CalendarsH12410

    Placed on the Union Calendar, Calendar No. 42.

  19. May 16, 2019DischargeH12300

    Committee on Education and Labor discharged.

    Education and the Workforce Committee
  20. May 16, 2019Committee5500

    Committee on Education and Labor discharged.

    Education and the Workforce Committee
  21. May 16, 2019CommitteeH12200

    Reported (Amended) by the Committee on Ways and Means. H. Rept. 116-65, Part I.

    Ways and Means Committee
  22. May 16, 2019Committee5000

    Reported (Amended) by the Committee on Ways and Means. H. Rept. 116-65, Part I.

    Ways and Means Committee
  23. Apr 2, 2019Committee

    Ordered to be Reported by Voice Vote.

    Ways and Means Committee
  24. Apr 2, 2019Committee

    Committee Consideration and Mark-up Session Held.

    Ways and Means Committee
  25. Mar 29, 2019IntroReferralH11100

    Referred to the Committee on Ways and Means, and in addition to the Committee on Education and Labor, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

    Education and the Workforce Committee
  26. Mar 29, 2019IntroReferralH11100

    Referred to the Committee on Ways and Means, and in addition to the Committee on Education and Labor, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

    Ways and Means Committee
  27. Mar 29, 2019IntroReferralIntro-H

    Introduced in House

  28. Mar 29, 2019IntroReferral1000

    Introduced in House

Passed HouseMay 23, 201953

Setting Every Community Up for Retirement Enhancement Act of 2019

This bill modifies the requirements for employer-provided retirement plans, individual retirement accounts (IRAs), and other tax-favored savings accounts.

With respect to employer-provided retirement plans, the bill modifies requirements regarding

  • automatic enrollment and nonelective contributions;
  • tax credits for small employers that establish certain plans;
  • loans;
  • lifetime income options;
  • the treatment of custodial accounts upon termination of section 403(b) plans;
  • retirement income accounts for church-controlled organizations;
  • the eligibility rules for certain long-term, part-time employees;
  • required minimum distributions;
  • nondiscrimination rules; and
  • minimum funding standards for community newspaper plans.

The bill also includes provisions that

  • treat taxable non-tuition fellowship and stipend payments as compensation for the purpose of an IRA,
  • repeal the maximum age for traditional IRA contributions,
  • treat difficulty of care payments as compensation for determining contribution limits for retirement accounts,
  • allow penalty-free withdrawals from retirement plans if a child is born or adopted,
  • expand the purposes for which qualified tuition programs (commonly known as 529 plans) may be used,
  • reinstate and increase the tax exclusion for certain benefits provided to volunteer firefighters and emergency medical responders,
  • increase penalties for failing to file tax returns, and
  • require the Internal Revenue Service to share tax information with U.S. Customs Border Protection to administer the heavy vehicle use tax.
Reported to House, Part IMay 16, 20198

Setting Every Community Up for Retirement Enhancement Act of 2019

This bill modifies the requirements for employer-provided retirement plans, individual retirement accounts (IRAs), and other tax-favored savings accounts.

With respect to employer-provided retirement plans, the bill modifies requirements regarding

  • multiple employer plans;
  • automatic enrollment and nonelective contributions;
  • tax credits for small employers that establish certain plans;
  • loans;
  • lifetime income options;
  • the treatment of custodial accounts upon termination of section 403(b) plans;
  • retirement income accounts for church-controlled organizations;
  • the eligibility rules for certain long-term, part-time employees;
  • required minimum distributions;
  • nondiscrimination rules;
  • minimum funding standards for community newspaper plans; and
  • Pension Benefit Guaranty Corporation premiums for CSEC plans (multiple employer plans maintained by certain charities or cooperatives).

The bill also includes provisions that

  • treat taxable non-tuition fellowship and stipend payments as compensation for the purpose of an IRA,
  • repeal the maximum age for traditional IRA contributions,
  • treat difficulty of care payments as compensation for determining contribution limits for retirement accounts,
  • allow penalty-free withdrawals from retirement plans if a child is born or adopted,
  • expand the purposes for which qualified tuition programs (commonly known as 529 plans) may be used,
  • reinstate and increase the tax exclusion for certain benefits provided to volunteer firefighters and emergency medical responders,
  • increase penalties for failing to file tax returns, and
  • require the Internal Revenue Service to share tax information with U.S. Customs Border Protection to administer the heavy vehicle use tax.
Introduced in HouseMar 29, 2019

Setting Every Community Up for Retirement Enhancement Act of 2019

This bill modifies the requirements for employer-provided retirement plans, individual retirement accounts (IRAs), and other tax-favored savings accounts.

With respect to employer-provided retirement plans, the bill modifies requirements regarding

  • automatic enrollment and nonelective contributions;
  • tax credits for small employers that establish certain plans;
  • loans;
  • lifetime income options;
  • the treatment of custodial accounts upon termination of section 403(b) plans;
  • retirement income accounts for church-controlled organizations;
  • the eligibility rules for certain long-term, part-time employees;
  • required minimum distributions;
  • nondiscrimination rules; and
  • minimum funding standards for community newspaper plans.

The bill also includes provisions that

  • treat taxable non-tuition fellowship and stipend payments as compensation for the purpose of an IRA,
  • repeal the maximum age for traditional IRA contributions,
  • treat difficulty of care payments as compensation for determining contribution limits for retirement accounts,
  • allow penalty-free withdrawals from retirement plans if a child is born or adopted,
  • expand the purposes for which qualified tuition programs (commonly known as 529 plans) may be used,
  • reinstate and increase the tax exclusion for certain benefits provided to volunteer firefighters and emergency medical responders,
  • increase penalties for failing to file tax returns, and
  • require the Internal Revenue Service to share tax information with U.S. Customs Border Protection to administer the heavy vehicle use tax.
Setting Every Community Up for Retirement Enhancement Act of 2019 — Informed