H.R. 397Rehabilitation for Multiemployer Pensions Act of 2019

3 recorded actions192 of these members are on the 2026 ballotWhat the measure does Read on Congress.gov

Sponsor: Richard E. Neal [D-MA-01]
Cosponsors: 209 · 200 Democrats · 9 Republicans
Policy area: Labor and Employment
Committees: Education and Workforce Committee, Ways and Means Committee · and 1 more
Latest action: Dec 19, 2019 · Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 390.

IntroducedJan 9, 2019
Passed the HouseJul 24, 2019
Passed the SenateNot yet reached
Sent to the PresidentNot yet reached
Became lawNot yet reached

What the measure doesCRS summary

Rehabilitation for Multiemployer Pensions Act of 2019

This bill establishes the Pension Rehabilitation Administration within the Department of the Treasury and a related trust fund to make loans to certain multiemployer defined benefit pension plans.

To receive a loan, a plan must be (1) in critical and declining status, including any plan with respect to which a suspension of benefits has been approved; (2) in critical status, have a modified funded percentage of less than 40%, and have a ratio of active to inactive participants which is less than two to five; or (3) insolvent, if the plan became insolvent after December 16, 2014, and has not been terminated.

Treasury must transfer amounts, which may include proceeds from bonds and other obligations, from the general fund to the trust fund established by this bill as necessary to fund the program. The Pension Rehabilitation Administration may use the funds, without a further appropriation, to make loans, pay principal and interest on obligations, or for administrative and operating expenses.

The bill allows the sponsor of a multiemployer pension plan that is applying for a loan under this bill to also apply to the Pension Benefit Guaranty Corporation (PBGC) for financial assistance if, after receiving the loan, the plan will still become (or remain) insolvent within the 30-year period beginning on the date of the loan.

The bill also appropriates to the PBGC the funds that are necessary to provide the financial assistance required by this bill.

The bill modifies the requirements for the distribution of remaining pension benefits from certain defined contribution plans to a designated beneficiary upon death of an employee. The bill increases penalties for failure to file a tax return, and

certain retirement plan returns.

Written by the nonpartisan Congressional Research Service, describing H.R. 397 as passed House on Jul 24, 2019. It is not the text of the measure; a later amendment may have changed what it does.

Roll calls on H.R. 3973 roll calls on this measure

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Jul 24, 2019Each bar: ✓ Yea from the bottom, ✕ Nay aboveJul 24, 2019

How every member votedHouse roll call 505

House Jul 24, 2019 · the primary vote

On Passage

Rehabilitation for Multiemployer Pensions Act

Passed

264 Yea 169 Nay

Party-line vote 29 of 433 voting members broke with their own party: 29 Republicans.

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How the chamber split

One dot per member. Select a seat or a bar to filter the list.

DemocratsRepublicansFilled: YeaRing: NayGrey: not voting or present

By party select a segment to filter

All members433 members

Democratic235 members

Republican198 members

marks half of the votes cast. A party’s majority is the side most of its voting members took.

Cosponsors209 · 200 Democrats · 9 Republicans

Signing on is not a vote: a member can cosponsor H.R. 397 and vote against it. 9 signed when it was filed.

Who lobbied on H.R. 39768 organizations

Organizations that named H.R. 397 in a lobbying disclosure. Only those that cited the bill by number appear, so this is a floor, not a full list.

INTERNATIONAL BROTHERHOOD OF TEAMSTERSfiled by INTERNATIONAL BROTHERHOOD OF TEAMSTERS, 1600 GROUP LLC, MCCARTHY ADVANCED CONSULTING LLC, BAILEY & EHRENBERG PLLC, MCLUCKIE PARTNERS LLCIts PAC: D.R.I.V.E. - DEM, REP, IND Voter Ed

Aviation/Airlines/Airports · Energy/Nuclear · Labor Issues/Antitrust/Workplace · Foreign Relations +21 more29 filings · 4th Quarter (Oct 1 - Dec 31) 2020Filing

INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERSIts PAC: International Brotherhood of Electrical Workers PAC

Railroads · Defense · Taxation/Internal Revenue Code · Transportation +5 more11 filings · 4th Quarter (Oct 1 - Dec 31) 2020Filing

CHAMBER OF COMMERCE OF THE U.S.A.

Defense · Civil Rights/Civil Liberties · Accounting · Aerospace +46 more10 filings · 4th Quarter (Oct 1 - Dec 31) 2020Filing

ASSOCIATED GENERAL CONTRACTORS OF AMERICAIts PAC: Associated General Contractors of America PAC

Foreign Relations · Trade (domestic/foreign) · Banking · Natural Resources +13 more9 filings · 4th Quarter (Oct 1 - Dec 31) 2020Filing

DPWN HOLDINGS (USA) INC. (FORMERLY KNOWN AS DEUTSCHE POST WORLD NET-USA, INC.)filed by DPWN HOLDINGS (USA) INC. (FORMERLY KNOWN AS DEUTSCHE POST WORLD NET USA, INC.)

Aviation/Airlines/Airports · Tariff (miscellaneous tariff bills) · Foreign Relations · Retirement +3 more9 filings · 4th Quarter (Oct 1 - Dec 31) 2020Filing

AMERICAN BENEFITS COUNCILIts PAC: American Benefits Council PAC

Retirement · Health Issues8 filings · 4th Quarter (Oct 1 - Dec 31) 2020Filing

INTERNATIONAL WAREHOUSE LOGISTICS ASSOCIATIONfiled by KENT & O'CONNOR, INC.Its PAC: International Warehouse Logistics Association PAC

Food Industry (safety, labeling, etc.) · Financial Institutions/Investments/Securities · Roads/Highway · Trade (domestic/foreign) +10 more8 filings · 4th Quarter (Oct 1 - Dec 31) 2020Filing

KELLANOVAIts PAC: Kellanova PAC

Trade (domestic/foreign) · Food Industry (safety, labeling, etc.) · Agriculture · Retirement +2 more8 filings · 4th Quarter (Oct 1 - Dec 31) 2020Filing

NATIONAL BEER WHOLESALERS ASSOCIATIONIts PAC: National Beer Wholesalers Association PAC

Agriculture · Postal · Budget/Appropriations · Consumer Issues/Safety/Products +12 more8 filings · 4th Quarter (Oct 1 - Dec 31) 2020Filing

SCHOOL EMPLOYEES RETIREMENT SYSTEM OF OHIOfiled by CARLOW CONSULTING, LLC

Financial Institutions/Investments/Securities · Medicare/Medicaid · Retirement · Health Issues +2 more8 filings · 4th Quarter (Oct 1 - Dec 31) 2020Filing

387 disclosures name this measure. Retrieved from LDA.gov on 2026-10-05. Senate Office of Public Records cannot vouch for the data or analyses derived from these data after the data have been retrieved from LDA.gov.