Latest Action
Received in the Senate.
7/28/2022 • Senate
Summary
Susan Muffley Act of 2022
This bill restores the full vested monthly benefits for eligible participants of certain pension plans that were sponsored by Delphi Corporation and terminated as a result of General Motors' bankruptcy in 2009.
The Pension Benefit Guaranty Corporation (PBGC) must recalculate and adjust each plan participant's monthly benefits payment. The PBGC must also apply the recalculation to previously-made monthly payments and make a lump-sum payment for any additional benefits based on the recalculation.
The bill establishes and provides appropriations to a fund for the payment of these benefits and specifies how the lump-sum payments are treated for tax purposes.
Finally, the bill requires the PBGC to report on recommendations to ensure the long-term solvency of its insurance programs.
Passed House • 7/27/2022
Topics & Subjects
CBO Cost Estimates (2)
Estimated Budgetary Effects of H.R. 6929, the Susan Muffley Act of 2022
As Posted on the Website of the House Committee on Rules on July 20, 2022
Published: July 22, 2022
Estimated Budgetary Effects of H.R. 6929, the Susan Muffley Act of 2022, as modified by Amendment 2, the Manager's Amendment
As Posted on the Website of the House Committee on Rules on July 20, 2022
Published: July 26, 2022
Amendments (2)
This bill has 2 amendments proposed or adopted.
View all amendments on Congress.govRelated Federal Spending
Sponsor & Cosponsors (42)
Party Breakdown
Sponsor
Cosponsors (41)
Bill Journey
Originated in the House
Introduced
March 3, 2022
Committee Review
July 26, 2022
Rules Committee Resolution H. Res. 1254 Reported to House. Rule provides for consideration of H.R. 3771, H.R. 5118 and H.R. 6929. Rule provides for consideration under structured rules for H.R. 3771, H.R. 5118 and H.R. 6929, and provides for one hour of general debate on each bill.
Floor Debate
July 27, 2022
Passed Chamber
July 26, 2022
Other Chamber
July 28, 2022
President
Enacted into Law
Text Versions (3)
Related Bills (2)
H.Res. 1254
Providing for consideration of the bill (H.R. 3771) to amend the Public Health Service Act to provide for research and improvement of cardiovascular health among the South Asian population of the United States, and for other purposes; providing for consideration of the bill (H.R. 5118) to direct the Secretary of Agriculture to prioritize the completion of the Continental Divide National Scenic Trail, and for other purposes; providing for consideration of the bill (H.R. 6929) to increase the benefits guaranteed in connection with certain pension plans, and for other purposes; and for other purposes.
S. 3766
Susan Muffley Act of 2022