Emergency Savings Act of 2022
Summary
Emergency Savings Act of 2022 This bill permits employer-sponsored retirement plans to offer participants a pension-linked emergency savings account (1) with a maximum account limit of $2,500, and (2) from which withdrawals are not subject to a tax penalty.
Bill status
in committee
1 of 4 stages cleared
Introduction
May 2022
Committee Review
Floor Vote
President
Introduced May 25, 2022
Last action May 25, 2022
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
2
Key actions
0
Committee
1
May 25, 2022
Committee
Read twice and referred to the Committee on Finance.
upper
May 25, 2022
Introduced
Introduced in Senate
upper
1 primary · 1 co-sponsor
Sponsors
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