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Bill117th CongressFiled Nov 5, 2021Commerce
H.R. 5891

RISE Act

Bill journey · stage 2 of 5

Under committee review

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What it doesSummary reported to house, part i (Feb 25, 2022)

Retirement Improvement and Savings Enhancement Act of 2021 or the RISE Act

This bill makes various changes with respect to employer-sponsored retirement plans.

Among other changes, the bill establishes the Retirement Savings Lost and Found database to allow individuals to locate the administrator of their plan. It also allows 403(b) plans (i.e., plans sponsored by certain charities, educational institutions, and nonprofit organizations) to participate in multiple employer plans and pooled employer plans.

What just happenedFeb 25, 2022

Placed on the Union Calendar, Calendar No. 180.

Who’s behind it

Rep. Scott, Robert C. "Bobby" [D-VA-3](D-VA)Sponsor
3 cosponsors1 D2 R
Read on Congress.gov
3cosponsors2committees11actions4related bills13subjects
  1. Feb 25, 2022CalendarsH12410

    Placed on the Union Calendar, Calendar No. 180.

  2. Feb 25, 2022DischargeH12300

    Committee on Ways and Means discharged.

    Ways and Means Committee
  3. Feb 25, 2022Committee5500

    Committee on Ways and Means discharged.

    Ways and Means Committee
  4. Feb 25, 2022CommitteeH12200

    Reported (Amended) by the Committee on Education and Labor. H. Rept. 117-250, Part I.

    Education and the Workforce Committee
  5. Feb 25, 2022Committee5000

    Reported (Amended) by the Committee on Education and Labor. H. Rept. 117-250, Part I.

    Education and the Workforce Committee
  6. Nov 10, 2021Committee

    Ordered to be Reported (Amended) by Voice Vote.

    Education and the Workforce Committee
  7. Nov 10, 2021Committee

    Committee Consideration and Mark-up Session Held.

    Education and the Workforce Committee
  8. Nov 5, 2021IntroReferralH11100

    Referred to the Committee on Education and Labor, and in addition to the Committee on Ways and Means, 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
  9. Nov 5, 2021IntroReferralH11100

    Referred to the Committee on Education and Labor, and in addition to the Committee on Ways and Means, 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
  10. Nov 5, 2021IntroReferralIntro-H

    Introduced in House

  11. Nov 5, 2021IntroReferral1000

    Introduced in House

Reported to House, Part IFeb 25, 20228

Retirement Improvement and Savings Enhancement Act of 2021 or the RISE Act

This bill makes various changes with respect to employer-sponsored retirement plans.

Among other changes, the bill establishes the Retirement Savings Lost and Found database to allow individuals to locate the administrator of their plan. It also allows 403(b) plans (i.e., plans sponsored by certain charities, educational institutions, and nonprofit organizations) to participate in multiple employer plans and pooled employer plans.

Introduced in HouseNov 5, 2021

Retirement Improvement and Savings Enhancement Act or the RISE Act

This bill makes various changes with respect to employer-sponsored retirement plans.

Among other changes, the bill establishes the Retirement Savings Lost and Found database to allow individuals to locate the administrator of their plan. It also allows 403(b) plans (i.e., plans sponsored by certain charities, educational institutions, and nonprofit organizations) to participate in multiple employer plans and pooled employer plans.

RISE Act — Informed