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![handle is hein.congrecreports/crptxaefq0001 and id is 1 raw text is: AUTHENTICATED
U.S. GOVERNMENT
INFORMATION
GP
117TH CONGRESS [REPT. 117-250
2d Session HOUSE OF REPRESENTATIVES Part 1
RETIREMENT IMPROVEMENT AND SAVINGS
ENHANCEMENT ACT OF 2021
FEBRUARY 25, 2022.-Committed to the Committee of the Whole House on the State
of the Union and ordered to be printed
Mr. SCOTT of Virginia, from the Committee on Education and
Labor, submitted the following
R E P O R T
[To accompany H.R. 5891]
The Committee on Education and Labor, to whom was referred
the bill (H.R. 5891) to improve and enhance retirement savings,
and for other purposes, having considered the same, reports favor-
ably thereon with an amendment and recommends that the bill as
amended do pass.
CONTENTS
Page
Purpose and Sum m ary ............................................................................................ 11
Com m ittee A ction .................................................................................................... 12
C om m ittee V iew s ..................................................................................................... 13
Section-by-Section Analysis .................................................................................... 18
Explanation of Am endm ents ................................................................................... 21
Application of Law to the Legislative Branch ....................................................... 21
Unfunded M andate Statem ent ............................................................................... 21
E arm ark Statem ent ................................................................................................. 21
Roll Call Votes ......................................................................................................... 21
Statement of Performance Goals and Objectives .................................................. 21
Duplication of Federal Program s ............................................................................ 22
Hearings ................................................................................................................... 22
Statement of Oversight Findings and Recommendations of the Committee ...... 22
New Budget Authority and CBO Cost Estimate ................................................... 22
Com m ittee Cost Estim ate ....................................................................................... 22
Changes in Existing Law Made by the Bill, as Reported ..................................... 23
Com m ittee Correspondence .................................................................................... 252
The amendment is as follows:
Strike all after the enacting clause and insert the following:
SECTION 1. SHORT TITLE; TABLE OF CONTENTS.
(a) SHORT TITLE.-This Act may be cited as the Retirement Improvement and
Savings Enhancement Act of 2021 or the RISE Act.
(b) TABLE OF CONTENTS.-The table of contents for this Act is as follows:
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