HR 4035
Pension and Budget Integrity Act of 2019
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Bill overview
This bill, the Pension and Budget Integrity Act of 2019, aims to clarify how certain pension program premiums are considered when determining budget points of order in Congress. Specifically, it prevents premiums paid to the Pension Benefit Guaranty Corporation (PBGC) for single-employer pension programs from being used as offsets when calculating the budget. This change is intended to increase transparency and prevent the use of these premiums to justify cuts to other spending priorities. The bill establishes a rule that these premiums cannot be counted as offsets in either the Senate or the House.
Sponsors
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Primary sponsor
Derek Kilmer
Cosponsors
Anthony Gonzalez
George Holding
Mark Meadows
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