H.R.3031. To amend title 5, United States Code, to provide for flexibility in making withdrawals from a Thrift Savings Plan account, and for other purposes.

United States
Last action a year ago
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Summary

                    TSP Modernization Act of 2017      This bill modifies the rules relating to withdrawals from the Thrift Saving Plan (TSP) accounts of former federal employees and Members of Congress. Under current law, such employees and Members may make only one partial withdrawal upon reaching age 59-1/2 while employed or one withdrawal after retirement. The bill permits an unlimited number of such withdrawals.  The bill also eliminates: (1) the automatic annuity as a default option if the plan participant does not make an election to establish an annuity, and (2) the limitation on age-based in-service withdrawals.
                

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Actions

  • null President: Became Public Law No: 115-84.

    Fri, Nov 17th 2017
  • null President: Signed by President.

    Fri, Nov 17th 2017
  • House Floor: Presented to President.

    Wed, Nov 8th 2017
  • Senate Floor: Message on Senate action sent to the House.

    Tue, Nov 7th 2017
  • Senate Floor: Passed Senate without amendment by Unanimous Consent.

    Mon, Nov 6th 2017
  • Senate Floor: Passed Senate without amendment by Unanimous Consent. (consideration: CR S7029)

    Mon, Nov 6th 2017
  • Senate IntroReferral: Received in the Senate, read twice.

    Mon, Oct 16th 2017
  • Senate IntroReferral: Received in the Senate.

    Mon, Oct 16th 2017
  • House Floor: Motion to reconsider laid on the table Agreed to without objection.

    Wed, Oct 11th 2017
  • House Floor: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H7954)

    Wed, Oct 11th 2017
  • House Floor: DEBATE - The House proceeded with forty minutes of debate on H.R. 3031.

    Wed, Oct 11th 2017
  • House Floor: Considered under suspension of the rules. (consideration: CR H7954-7955)

    Wed, Oct 11th 2017
  • House Floor: Mr. Russell moved to suspend the rules and pass the bill, as amended.

    Wed, Oct 11th 2017
  • House Calendars: Placed on the Union Calendar, Calendar No. 248.

    Tue, Oct 10th 2017
  • House Committee: Reported by the Committee on Oversight and Government Reform. H. Rept. 115-343.

    Tue, Oct 10th 2017
  • House Committee: Ordered to be Reported by Voice Vote.

    Wed, Jul 19th 2017
  • House Committee: Committee Consideration and Mark-up Session Held.

    Wed, Jul 19th 2017
  • House IntroReferral: Referred to the House Committee on Oversight and Government Reform.

    Fri, Jun 23rd 2017