General Accounts Product Clarifications Act
Bill journey · stage 2 of 5
Under committee review
What it doesSummary 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.
What just happenedDec 13, 2022
Referred to the House Committee on Education and Labor.
Who’s behind it
- Introduced in HouseDec 13, 2022
- Dec 13, 2022IntroReferralH11100
Referred to the House Committee on Education and Labor.
Education and the Workforce Committee - Dec 13, 2022IntroReferralIntro-H
Introduced in House
- Dec 13, 2022IntroReferral1000
Introduced in House