This legislation is a step toward addressing our nation’s looming pension crisis. Absent federal action, the retirement income security of over one million American workers, retirees, and their spouses across the country will be in jeopardy because of the impending failure of their multiemployer pension plans. By establishing a federal loan program for troubled plans meeting certain criteria, this bill reflects the fact that allowing these plans to fail will have a devastating impact not only on individual retirees and their families, but also on their communities and their employers. The bill passed the House on July 18, 2019.
Vote result: Passed
YEAs: 264
NAYs: 169
Legislator | State Sort descending | District | Party | Vote | |
---|---|---|---|---|---|
Rep. Al Green | 9 | Democrat | Yes | ||
Rep. Ron Wright | 6 | Republican | No | ||
Rep. K. Michael Conaway | 11 | Republican | No | ||
Rep. Michael C. Burgess | 26 | Republican | No | ||
Rep. Kenny Marchant | 24 | Republican | No | ||
Rep. Brian Babin | 36 | Republican | No | ||
Rep. Kay Granger | 12 | Republican | No | ||
Rep. Jodey Arrington | 19 | Republican | No | ||
Rep. Veronica Escobar | 16 | Democrat | Yes | ||
Rep. Lance Gooden | 5 | Republican | No | ||
Rep. Roger Williams | 25 | Republican | No | ||
Rep. Vicente Gonzalez | 34 | Democrat | Yes | ||
Rep. William M. Thornberry | 13 | Republican | No | ||
Rep. Colin Allred | 32 | Democrat | Yes | ||
Rep. Michael Cloud | 27 | Republican | No | ||
Rep. Chris Stewart | 2 | Republican | No | ||
Rep. John Curtis | 3 | Republican | No | ||
Rep. Rob Bishop | 1 | Republican | No | ||
Rep. Ben McAdams | 4 | Democrat | Yes | ||
Rep. Ben Cline | 6 | Republican | No |