Rehabilitation for Multiemployer Pensions Act of 2019
Sponsored By: Representative Neal, Richard E. [D-MA-1]
Unknown
Summary
Rehabilitation for Multiemployer Pensions Act 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 either in critical and declining status (including any plan with respect to which a suspension of benefits has been approved) or insolvent, if the plan became insolvent after December 16, 2014, and has not been terminated. Treasury must issue bonds to fund the loan program and transfer amounts equal to the proceeds to the trust fund established by this bill. The Pension Rehabilitation Administration may use the funds, without a further appropriation, to make loans, pay principal and interest on the bonds, 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.
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Bill Overview
No Economic Impacts Identified for this Bill
Sponsors & CoSponsors
Sponsor
Neal, Richard E. [D-MA-1]
MA • D
Cosponsors
Rep. Clark, Katherine M. [D-MA-5]
MA • D
Sponsored 6/10/2019
Rep. Horsford, Steven [D-NV-4]
NV • D
Sponsored 6/10/2019
Rep. Chu, Judy [D-CA-28]
CA • D
Sponsored 6/18/2019
Rep. Larsen, Rick [D-WA-2]
WA • D
Sponsored 6/26/2019
Rep. Doggett, Lloyd [D-TX-37]
TX • D
Sponsored 6/27/2019
Rep. Payne, Donald M., Jr. [D-NJ-10]
NJ • D
Sponsored 6/27/2019
Rep. Cook, Paul [R-CA-8]
CA • R
Sponsored 7/2/2019
Rep. Meeks, Gregory W. [D-NY-5]
NY • D
Sponsored 7/9/2019
Rep. Gomez, Jimmy [D-CA-34]
CA • D
Sponsored 7/9/2019
Rep. Beyer, Donald S. [D-VA-8]
VA • D
Sponsored 7/9/2019
JOHN LEWIS
GA • D
Sponsored 7/9/2019
Rep. Keating, William R. [D-MA-9]
MA • D
Sponsored 7/9/2019
Rep. Kilmer, Derek [D-WA-6]
WA • D
Sponsored 7/11/2019
Rep. Carson, André [D-IN-7]
IN • D
Sponsored 7/11/2019
Rep. Murphy, Stephanie N. [D-FL-7]
FL • D
Sponsored 7/11/2019
Rep. Thompson, Mike [D-CA-4]
CA • D
Sponsored 7/11/2019
Rep. Levin, Mike [D-CA-49]
CA • D
Sponsored 7/12/2019
Rep. Brown, Anthony G. [D-MD-4]
MD • D
Sponsored 7/15/2019
Rep. Garcia, Sylvia R. [D-TX-29]
TX • D
Sponsored 7/16/2019
Rep. Sherrill, Mikie [D-NJ-11]
NJ • D
Sponsored 7/16/2019
Rep. Huffman, Jared [D-CA-2]
CA • D
Sponsored 7/17/2019
Rep. Torres, Norma J. [D-CA-35]
CA • D
Sponsored 7/17/2019
Rep. Hoyer, Steny H. [D-MD-5]
MD • D
Sponsored 7/17/2019
Rep. Wexton, Jennifer [D-VA-10]
VA • D
Sponsored 7/17/2019
Rep. Gottheimer, Josh [D-NJ-5]
NJ • D
Sponsored 7/17/2019
Rep. Frankel, Lois [D-FL-22]
FL • D
Sponsored 7/17/2019
Rep. Maloney, Carolyn B. [D-NY-12]
NY • D
Sponsored 7/18/2019
ELIOT ENGEL
NY • D
Sponsored 7/18/2019
PETER KING
NY • R
Sponsored 1/9/2019
Rep. Scott, Robert C. "Bobby" [D-VA-3]
VA • D
Sponsored 1/9/2019
Rep. Young, Don [R-AK-At Large]
AK • R
Sponsored 1/9/2019
Rep. Dingell, Debbie [D-MI-6]
MI • D
Sponsored 1/9/2019
Rep. Smith, Christopher H. [R-NJ-4]
NJ • R
Sponsored 1/9/2019
Rep. Norcross, Donald [D-NJ-1]
NJ • D
Sponsored 1/9/2019
Rep. Katko, John [R-NY-24]
NY • R
Sponsored 1/9/2019
Rep. Kaptur, Marcy [D-OH-9]
OH • D
Sponsored 1/9/2019
Rep. Fortenberry, Jeff [R-NE-1]
NE • R
Sponsored 1/9/2019
Rep. Moore, Gwen [D-WI-4]
WI • D
Sponsored 1/18/2019
Rep. Cleaver, Emanuel [D-MO-5]
MO • D
Sponsored 1/18/2019
Rep. Lynch, Stephen F. [D-MA-8]
MA • D
Sponsored 1/18/2019
Rep. Schakowsky, Janice D. [D-IL-9]
IL • D
Sponsored 1/18/2019
Rep. Huizenga, Bill [R-MI-4]
MI • R
Sponsored 1/18/2019
Rep. Ryan, Tim [D-OH-13]
OH • D
Sponsored 1/18/2019
Rep. Maloney, Sean Patrick [D-NY-18]
NY • D
Sponsored 1/24/2019
Rep. Fitzpatrick, Brian K. [R-PA-1]
PA • R
Sponsored 1/24/2019
Rep. Kelly, Robin L. [D-IL-2]
IL • D
Sponsored 1/24/2019
Rep. McCollum, Betty [D-MN-4]
MN • D
Sponsored 1/24/2019
Rep. Brownley, Julia [D-CA-26]
CA • D
Sponsored 2/6/2019
Rep. Khanna, Ro [D-CA-17]
CA • D
Sponsored 2/6/2019
Rep. Wilson, Frederica S. [D-FL-24]
FL • D
Sponsored 2/6/2019
Rep. Hastings, Alcee L. [D-FL-20]
FL • D
Sponsored 2/6/2019
Rep. Loebsack, David [D-IA-2]
IA • D
Sponsored 2/6/2019
Rep. Beatty, Joyce [D-OH-3]
OH • D
Sponsored 2/6/2019
Rep. Pingree, Chellie [D-ME-1]
ME • D
Sponsored 2/6/2019
Rep. Sires, Albio [D-NJ-8]
NJ • D
Sponsored 2/6/2019
Rep. Stauber, Pete [R-MN-8]
MN • R
Sponsored 2/6/2019
Rep. Higgins, Brian [D-NY-26]
NY • D
Sponsored 2/6/2019
Rep. Sewell, Terri A. [D-AL-7]
AL • D
Sponsored 2/6/2019
Rep. Lamb, Conor [D-PA-17]
PA • D
Sponsored 2/6/2019
Rep. Velázquez, Nydia M. [D-NY-7]
NY • D
Sponsored 2/6/2019
Rep. Rice, Kathleen M. [D-NY-4]
NY • D
Sponsored 2/6/2019
Rep. Bustos, Cheri [D-IL-17]
IL • D
Sponsored 2/6/2019
Rep. Cohen, Steve [D-TN-9]
TN • D
Sponsored 2/6/2019
Rep. Espaillat, Adriano [D-NY-13]
NY • D
Sponsored 2/6/2019
Rep. Lipinski, Daniel [D-IL-3]
IL • D
Sponsored 2/6/2019
Del. Sablan, Gregorio Kilili Camacho [D-MP-At Large]
MP • D
Sponsored 2/6/2019
Rep. Kildee, Daniel T. [D-MI-8]
MI • D
Sponsored 2/6/2019
Rep. Brindisi, Anthony [D-NY-22]
NY • D
Sponsored 2/7/2019
Rep. Titus, Dina [D-NV-1]
NV • D
Sponsored 2/7/2019
Rep. Craig, Angie [D-MN-2]
MN • D
Sponsored 2/7/2019
Rep. Pallone, Frank [D-NJ-6]
NJ • D
Sponsored 2/7/2019
Sen. Schiff, Adam B. [D-CA]
CA • D
Sponsored 2/7/2019
Rep. Smith, Adam [D-WA-9]
WA • D
Sponsored 2/7/2019
Rep. DeLauro, Rosa L. [D-CT-3]
CT • D
Sponsored 2/7/2019
JOSE SERRANO
NY • D
Sponsored 2/7/2019
Del. Norton, Eleanor Holmes [D-DC-At Large]
DC • D
Sponsored 2/7/2019
Rep. Krishnamoorthi, Raja [D-IL-8]
IL • D
Sponsored 2/7/2019
Rep. Roybal-Allard, Lucille [D-CA-40]
CA • D
Sponsored 2/7/2019
Sen. Gallego, Ruben [D-AZ]
AZ • D
Sponsored 2/7/2019
Rep. Napolitano, Grace F. [D-CA-31]
CA • D
Sponsored 2/14/2019
Rep. Lieu, Ted [D-CA-36]
CA • D
Sponsored 2/14/2019
PETER VISCLOSKY
IN • D
Sponsored 2/14/2019
Rep. McGovern, James P. [D-MA-2]
MA • D
Sponsored 2/14/2019
Rep. Levin, Andy [D-MI-9]
MI • D
Sponsored 2/14/2019
Rep. Price, David E. [D-NC-4]
NC • D
Sponsored 2/14/2019
Rep. Fudge, Marcia L. [D-OH-11]
OH • D
Sponsored 2/14/2019
Rep. Bonamici, Suzanne [D-OR-1]
OR • D
Sponsored 2/14/2019
Rep. Suozzi, Thomas R. [D-NY-3]
NY • D
Sponsored 2/14/2019
Rep. Hill, Katie [D-CA-25]
CA • D
Sponsored 2/14/2019
Rep. Kind, Ron [D-WI-3]
WI • D
Sponsored 2/14/2019
Rep. Pocan, Mark [D-WI-2]
WI • D
Sponsored 2/26/2019
Rep. Morelle, Joseph D. [D-NY-25]
NY • D
Sponsored 2/26/2019
Rep. Omar, Ilhan [D-MN-5]
MN • D
Sponsored 2/26/2019
Rep. Foster, Bill [D-IL-11]
IL • D
Sponsored 2/26/2019
Rep. Lee, Barbara [D-CA-12]
CA • D
Sponsored 2/26/2019
Rep. Schrader, Kurt [D-OR-5]
OR • D
Sponsored 2/26/2019
Rep. Garamendi, John [D-CA-8]
CA • D
Sponsored 2/26/2019
Rep. Wasserman Schultz, Debbie [D-FL-25]
FL • D
Sponsored 2/26/2019
Rep. Stevens, Haley M. [D-MI-11]
MI • D
Sponsored 2/26/2019
Rep. Blumenauer, Earl [D-OR-3]
OR • D
Sponsored 2/26/2019
Rep. Courtney, Joe [D-CT-2]
CT • D
Sponsored 3/7/2019
Sen. Kim, Andy [D-NJ]
NJ • D
Sponsored 3/21/2019
Rep. García, Jesús G. "Chuy" [D-IL-4]
IL • D
Sponsored 3/21/2019
Rep. Wild, Susan [D-PA-7]
PA • D
Sponsored 3/21/2019
Rep. Ocasio-Cortez, Alexandria [D-NY-14]
NY • D
Sponsored 3/21/2019
Rep. Trahan, Lori [D-MA-3]
MA • D
Sponsored 3/21/2019
Rep. Lofgren, Zoe [D-CA-18]
CA • D
Sponsored 3/21/2019
Rep. Rose, Max [D-NY-11]
NY • D
Sponsored 3/21/2019
Rep. Haaland, Debra A. [D-NM-1]
NM • D
Sponsored 3/21/2019
Rep. Gonzalez, Vicente [D-TX-34]
TX • D
Sponsored 3/25/2019
Rep. Raskin, Jamie [D-MD-8]
MD • D
Sponsored 3/27/2019
Rep. DeFazio, Peter A. [D-OR-4]
OR • D
Sponsored 3/27/2019
Rep. Neguse, Joe [D-CO-2]
CO • D
Sponsored 3/27/2019
Rep. Scott, David [D-GA-13]
GA • D
Sponsored 3/27/2019
Rep. Phillips, Dean [D-MN-3]
MN • D
Sponsored 4/8/2019
Rep. Jayapal, Pramila [D-WA-7]
WA • D
Sponsored 4/8/2019
Rep. DeGette, Diana [D-CO-1]
CO • D
Sponsored 4/8/2019
Rep. Ruppersberger, C. A. Dutch [D-MD-2]
MD • D
Sponsored 4/8/2019
Sen. Welch, Peter [D-VT]
VT • D
Sponsored 4/8/2019
Rep. Kuster, Ann M. [D-NH-2]
NH • D
Sponsored 4/8/2019
Rep. Watson Coleman, Bonnie [D-NJ-12]
NJ • D
Sponsored 4/8/2019
Rep. Quigley, Mike [D-IL-5]
IL • D
Sponsored 4/8/2019
Rep. Tonko, Paul [D-NY-20]
NY • D
Sponsored 4/12/2019
Rep. DeSaulnier, Mark [D-CA-10]
CA • D
Sponsored 4/12/2019
Rep. Swalwell, Eric [D-CA-14]
CA • D
Sponsored 4/12/2019
Rep. Veasey, Marc A. [D-TX-33]
TX • D
Sponsored 4/12/2019
Sen. Slotkin, Elissa [D-MI]
MI • D
Sponsored 4/12/2019
Rep. Doyle, Michael F. [D-PA-18]
PA • D
Sponsored 4/12/2019
Rep. Connolly, Gerald E. [D-VA-11]
VA • D
Sponsored 4/12/2019
Rep. Delgado, Antonio [D-NY-19]
NY • D
Sponsored 4/12/2019
Rep. Horn, Kendra S. [D-OK-5]
OK • D
Sponsored 4/12/2019
Rep. Castor, Kathy [D-FL-14]
FL • D
Sponsored 4/12/2019
Rep. Cicilline, David N. [D-RI-1]
RI • D
Sponsored 4/12/2019
Rep. Cartwright, Matt [D-PA-8]
PA • D
Sponsored 4/12/2019
Rep. McEachin, A. Donald [D-VA-4]
VA • D
Sponsored 4/12/2019
Sen. Luján, Ben Ray [D-NM]
NM • D
Sponsored 4/12/2019
Rep. Yarmuth, John A. [D-KY-3]
KY • D
Sponsored 4/12/2019
Rep. Peters, Scott H. [D-CA-50]
CA • D
Sponsored 4/12/2019
Rep. Finkenauer, Abby [D-IA-1]
IA • D
Sponsored 4/12/2019
Rep. Aguilar, Pete [D-CA-33]
CA • D
Sponsored 4/12/2019
Rep. Grijalva, Raúl M. [D-AZ-7]
AZ • D
Sponsored 4/18/2019
Rep. Eshoo, Anna G. [D-CA-16]
CA • D
Sponsored 4/18/2019
Rep. Crist, Charlie [D-FL-13]
FL • D
Sponsored 4/18/2019
Rep. Davis, Danny K. [D-IL-7]
IL • D
Sponsored 4/18/2019
Rep. Castro, Joaquin [D-TX-20]
TX • D
Sponsored 4/18/2019
Rep. Perlmutter, Ed [D-CO-7]
CO • D
Sponsored 4/18/2019
Rep. Pascrell, Bill, Jr. [D-NJ-9]
NJ • D
Sponsored 4/25/2019
Rep. Axne, Cynthia [D-IA-3]
IA • D
Sponsored 4/25/2019
Rep. Jackson Lee, Sheila [D-TX-18]
TX • D
Sponsored 4/25/2019
Rep. Evans, Dwight [D-PA-3]
PA • D
Sponsored 4/25/2019
SUSAN DAVIS
CA • D
Sponsored 4/25/2019
Rep. Adams, Alma S. [D-NC-12]
NC • D
Sponsored 4/25/2019
Rep. Langevin, James R. [D-RI-2]
RI • D
Sponsored 4/25/2019
Rep. Larson, John B. [D-CT-1]
CT • D
Sponsored 5/1/2019
Rep. Schrier, Kim [D-WA-8]
WA • D
Sponsored 5/1/2019
Rep. Ruiz, Raul [D-CA-25]
CA • D
Sponsored 5/1/2019
Rep. Green, Al [D-TX-9]
TX • D
Sponsored 5/1/2019
Rep. McNerney, Jerry [D-CA-9]
CA • D
Sponsored 5/1/2019
Rep. Kennedy, Joseph P., III [D-MA-4]
MA • D
Sponsored 5/1/2019
Rep. Luria, Elaine G. [D-VA-2]
VA • D
Sponsored 5/1/2019
Rep. Meng, Grace [D-NY-6]
NY • D
Sponsored 5/1/2019
Rep. Moulton, Seth [D-MA-6]
MA • D
Sponsored 5/1/2019
Sen. Blunt Rochester, Lisa [D-DE]
DE • D
Sponsored 5/7/2019
Rep. McBath, Lucy [D-GA-6]
GA • D
Sponsored 5/7/2019
Rep. Jeffries, Hakeem S. [D-NY-8]
NY • D
Sponsored 5/7/2019
Rep. Lowenthal, Alan S. [D-CA-47]
CA • D
Sponsored 5/7/2019
Rep. Butterfield, G. K. [D-NC-1]
NC • D
Sponsored 5/7/2019
Rep. Spanberger, Abigail Davis [D-VA-7]
VA • D
Sponsored 5/7/2019
Rep. Speier, Jackie [D-CA-14]
CA • D
Sponsored 5/7/2019
Rep. Schneider, Bradley Scott [D-IL-10]
IL • D
Sponsored 5/7/2019
Rep. Thompson, Bennie G. [D-MS-2]
MS • D
Sponsored 5/7/2019
Rep. Johnson, Eddie Bernice [D-TX-30]
TX • D
Sponsored 5/30/2019
Rep. Carbajal, Salud O. [D-CA-24]
CA • D
Sponsored 5/30/2019
Rep. Demings, Val Butler [D-FL-10]
FL • D
Sponsored 5/30/2019
Rep. Panetta, Jimmy [D-CA-19]
CA • D
Sponsored 5/30/2019
Rep. Takano, Mark [D-CA-39]
CA • D
Sponsored 5/30/2019
Rep. Dean, Madeleine [D-PA-4]
PA • D
Sponsored 5/30/2019
Rep. Scanlon, Mary Gay [D-PA-5]
PA • D
Sponsored 5/30/2019
Rep. Stanton, Greg [D-AZ-4]
AZ • D
Sponsored 5/30/2019
Rep. Golden, Jared F. [D-ME-2]
ME • D
Sponsored 5/30/2019
Rep. Sánchez, Linda T. [D-CA-38]
CA • D
Sponsored 5/30/2019
Rep. Lawson, Al, Jr. [D-FL-5]
FL • D
Sponsored 5/30/2019
Rep. Bishop, Sanford D. [D-GA-2]
GA • D
Sponsored 5/30/2019
Rep. O'Halleran, Tom [D-AZ-1]
AZ • D
Sponsored 5/30/2019
Rep. Kirkpatrick, Ann [D-AZ-1]
AZ • D
Sponsored 5/30/2019
Rep. Nadler, Jerrold [D-NY-12]
NY • D
Sponsored 5/30/2019
Rep. Cárdenas, Tony [D-CA-29]
CA • D
Sponsored 5/30/2019
Rep. Van Drew, Jefferson [R-NJ-2]
NJ • R
Sponsored 5/30/2019
Rep. Himes, James A. [D-CT-4]
CT • D
Sponsored 5/30/2019
Rep. Sherman, Brad [D-CA-32]
CA • D
Sponsored 6/4/2019
Rep. Harder, Josh [D-CA-9]
CA • D
Sponsored 6/4/2019
Rep. Tlaib, Rashida [D-MI-12]
MI • D
Sponsored 6/4/2019
Rep. Rouda, Harley [D-CA-48]
CA • D
Sponsored 6/4/2019
Rep. Trone, David J. [D-MD-6]
MD • D
Sponsored 6/4/2019
Rep. Shalala, Donna E. [D-FL-27]
FL • D
Sponsored 6/4/2019
Rep. Hayes, Jahana [D-CT-5]
CT • D
Sponsored 6/4/2019
Rep. Pappas, Chris [D-NH-1]
NH • D
Sponsored 6/10/2019
Rep. Lee, Susie [D-NV-3]
NV • D
Sponsored 6/10/2019
Rep. Lawrence, Brenda L. [D-MI-14]
MI • D
Sponsored 6/10/2019
Rep. Houlahan, Chrissy [D-PA-6]
PA • D
Sponsored 6/18/2019
COLLIN PETERSON
MN • D
Sponsored 6/13/2019
WM. CLAY
MO • D
Sponsored 6/18/2019
Rep. DelBene, Suzan K. [D-WA-1]
WA • D
Sponsored 6/19/2019
Rep. Soto, Darren [D-FL-9]
FL • D
Sponsored 6/19/2019
Rep. Malinowski, Tom [D-NJ-7]
NJ • D
Sponsored 6/24/2019
Rep. Barragán, Nanette Diaz [D-CA-44]
CA • D
Sponsored 6/24/2019
Rep. Boyle, Brendan F. [D-PA-2]
PA • D
Sponsored 6/26/2019
Rep. Crow, Jason [D-CO-6]
CO • D
Sponsored 6/26/2019
Rep. Vargas, Juan [D-CA-52]
CA • D
Sponsored 6/26/2019
Roll Call Votes
No roll call votes available for this bill.
View on Congress.gov