H.R. 5872 · 101st Congress · enacted
To amend title I of the Employee Retirement Income Security Act of 1974 to require qualifying employer securities to include interests in publicly traded partnerships.
Became Public Law No: 101-540.
Latest official action 1990-11-08 · Enacted
The bill, briefly
Amends the Employee Retirement Income Security Act of 1974 to include under the definition of qualifying employer security (in addition to a stock or a marketable obligation) an interest in an existing publicly traded partnership. Requires such an interest to satisfy certain requirements as to maximum percentage held by plan and minimum percentage held by persons independent of the plan, in the case of a plan other than an eligible individual account plan.
Congressional Research Service · 1990-10-19
Who reported lobbying on this bill?
Amount spent specifically on this bill: not disclosed
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Politicians behind the bill
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PAC donors to the listed sponsors
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What happened after enactment?
Dated agency-reported implementation and uptake measures are shown with their scope. They do not by themselves establish causal success. If no evidence is listed, the outcome is not established.