Pension and Budget Integrity Act of 2019

I 116TH CONGRESS 1ST SESSION H. R. 4035 To prohibit the use of premiums paid to the Pension Benefit Guaranty Corporation as an offset for other Federal spending. IN THE HOUSE OF REPRESENTATIVES JULY 25, 2019 Mr. KILMER (for himself, Mr. HOLDING, and Mr. GONZALEZ of Ohio) intro- duced the following bill; which was referred to the Committee on Rules, and in addition to the Committee on the Budget, for a period to be subse- quently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned A BILL To prohibit the use of premiums paid to the Pension Benefit Guaranty Corporation as an offset for other Federal spending. Be it enacted by the Senate and House of Representa- 1 tives of the United States of America in Congress assembled, 2 SECTION 1. SHORT TITLE. 3 This Act may be cited as the ‘‘Pension and Budget 4 Integrity Act of 2019’’. 5 VerDate Sep 11 2014 04:36 Aug 13, 2019 Jkt 089200 PO 00000 Frm 00001 Fmt 6652 Sfmt 6201 E:\BILLS\H4035.IH H4035 kjohnson on DSK79L0C42 with BILLS 2 •HR 4035 IH SEC. 2. PROHIBITION ON THE USE OF PREMIUMS AS AN 1 OFFSET. 2 (a) IN GENERAL.—In the Senate and the House of 3 Representatives, for purposes of determining points of 4 order under the Congressional Budget Act of 1974 (2 5 U.S.C. 621 et seq.) or any concurrent resolution on the 6 budget, any provision that increases, or extends the in- 7 crease of, any single-employer pension program premiums 8 payable to the Pension Benefit Guaranty Corporation 9 shall not be counted in estimating the level of budget au- 10 thority, outlays, or revenues— 11 (1) in the Senate, for any bill, joint resolution, 12 amendment, amendment between the Houses, con- 13 ference report, or motion; or 14 (2) in the House of Representatives, for any bill 15 or joint resolution, or amendment thereto or con- 16 ference report thereon. 17 (b) RULES OF SENATE AND HOUSE OF REPRESENT- 18 ATIVES.—Congress adopts the provisions of this section— 19 (1) as an exercise of the rulemaking power of 20 the Senate and the House of Representatives, re- 21 spectively, and as such is deemed a part of the rules 22 of each House, respectively, and supersede other 23 rules only to the extent that they are inconsistent 24 with such rules; and 25 VerDate Sep 11 2014 04:36 Aug 13, 2019 Jkt 089200 PO 00000 Frm 00002 Fmt 6652 Sfmt 6201 E:\BILLS\H4035.IH H4035 kjohnson on DSK79L0C42 with BILLS 3 •HR 4035 IH (2) with full recognition of the constitutional 1 right of either House to change the rules (so far as 2 relating to the procedure of that House) at any time, 3 in the same manner, and to the same extent as in 4 the case of any other rule of that House. 5 Æ VerDate Sep 11 2014 04:36 Aug 13, 2019 Jkt 089200 PO 00000 Frm 00003 Fmt 6652 Sfmt 6301 E:\BILLS\H4035.IH H4035 kjohnson on DSK79L0C42 with BILLS