2025-2026 Regular SessionUS Congress Legislature

HB5325: Unclaimed Retirement Rescue Plan

Legislative Summary

To direct the Secretary of Labor to promulgate a regulation allowing administrators of certain pension plans to voluntarily transfer unclaimed retirement distributions to State unclaimed property programs.

Bill History

9/11/2025
Introduced in House
House of Representatives
9/11/2025
Referred to the Committee on Education and Workforce, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
House of Representatives

Status Information

Current Status
Introduced(9/11/2025)
Chamber
House of Representatives
Committee
Education and Workforce(House of Representatives)

Sponsors

Democrat: 1
Republican: 1

Primary Sponsor

Seth Magaziner
Seth Magaziner
Democrat

Co-Sponsors (1)

Documents

Introduced
Bill Text9/23/2025250.4 KB