S 4965 United States Senate · 119th Congress

Railroad Retirement Board Stability Act

This bill creates a new administrative account for the Railroad Retirement Board to manage funds specifically for its operations and technology upgrades. It establishes strict limits on how much money can be moved into this account between 2027 and 2031, based on a percentage of benefits paid or investment trust amounts, while also setting aside millions of dollars annually for modernizing outdated computer systems. Additionally, the bill requires the Government Accountability Office to produce reports reviewing the Board's efforts to update its legacy IT systems and consult with various stakeholders, including railroads and unions.
Bill status in committee 1 of 4 stages cleared
Introduction
Jul 2026
Committee Review
Floor Vote
President
Introduced Jul 14, 2026 Last action Aug 4, 2026
Floor votes

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Full legislative history

Actions timeline

Total actions
5
Key actions
2
Committee
3
Aug 4, 2026
Upper · Passed
Committee on Health, Education, Labor, and Pensions. Reported by Senator Cassidy with an amendment in the nature of a substitute. Without written report.
upper
Jul 30, 2026
Upper · Passed
Committee on Health, Education, Labor, and Pensions. Ordered to be reported with an amendment in the nature of a substitute favorably.
upper
Jul 14, 2026
Committee
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
upper
Jul 14, 2026
Introduced
Introduced in Senate
upper
1 primary · 3 co-sponsors

Sponsors