Bill117th CongressFiled May 25, 2022Labor and Employment
S. 4310
Emergency Savings Act of 2022
Bill journey · stage 2 of 5
Under committee review
FiledFiled
CommitteeComm.
PassedFloor
Both ChambersBoth
Became LawLaw
What it doesSummary introduced in senate (May 25, 2022)
Emergency Savings Act of 2022
This bill permits employer-sponsored retirement plans to offer participants a pension-linked emergency savings account (1) with a maximum account limit of $2,500, and (2) from which withdrawals are not subject to a tax penalty.
What just happenedMay 25, 2022
Read twice and referred to the Committee on Finance.
Who’s behind it
Sen. Booker, Cory A. [D-NJ](D-NJ)Sponsor
1 cosponsor1 R
1cosponsors1committees2actions2related bills
- Introduced in SenateMay 25, 2022
- May 25, 2022IntroReferral
Read twice and referred to the Committee on Finance.
Finance Committee - May 25, 2022IntroReferral10000
Introduced in Senate