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Bill · 119th Congress · S 4965
Railroad Retirement Board Stability Act
Refreshed 4 h ago
Introduced 2026-07-14Topic: social services · technology privacy · budgetSummary
AI-generated summary, report an errorThis bill creates a Railroad Retirement Board Administrative Account in the Treasury that the Board can use to run the railroad retirement and railroad unemployment insurance programs. The Board could move money into the account from its benefit accounts, up to yearly limits based on a percentage of benefits paid or of the railroad retirement investment trust. Within the account, a Technology Fund would receive at least $10 million in 2027 and $20 million each year from 2028 through 2031 to modernize the Board's older benefit processing systems. The Government Accountability Office would report to Congress on how to modernize these systems and later on the Board's progress. The bill also changes the due date for certain single-employer pension plan insurance premiums for plan years in 2036.
Sponsors
- Bill Cassidy Republican sponsor
- 3 cosponsors
Action history
| Date | Chamber | Action | Status effect |
|---|---|---|---|
| 2026-08-04 | Senate | Placed on Senate Legislative Calendar under General Orders. Calendar No. 540. | |
| 2026-08-04 | Senate | Committee on Health, Education, Labor, and Pensions. Reported by Senator Cassidy with an amendment in the nature of a substitute. Without written report. | refer |
| 2026-08-04 | Committee on Health, Education, Labor, and Pensions. Reported by Senator Cassidy with an amendment in the nature of a substitute. Without written report. | report | |
| 2026-07-30 | Senate | Committee on Health, Education, Labor, and Pensions. Ordered to be reported with an amendment in the nature of a substitute favorably. | refer |
| 2026-07-14 | Senate | Read twice and referred to the Committee on Health, Education, Labor, and Pensions. | refer |
| 2026-07-14 | Introduced in Senate | introduce |