S. 1526
Introduced in Senate · May 21, 2025April 30, 2025
Mr. Hickenlooper (for himself and Mr. Tillis) introduced the following bill; which was read twice and referred to the Committee on Finance
A BILL
To establish the American Worker Retirement Plan, improve the financial security of working Americans by facilitating the accumulation of wealth, and for other purposes.
1. Short title; table of contents; 2. Definitions; 3. Relationship to Social Security; 4. Government benefits; TITLE I—THE AMERICAN WORKER RETIREMENT PLAN; 101. The American Worker Retirement Fund; 102. Investment of American Worker Retirement Fund; 103. Eligibility; 104. Enrollment; 105. Contributions; 106. Distributions; 107. Accounts; 108. Tax treatment; 109. Spousal protections; survivor rights; TITLE II—THE AMERICAN WORKER RETIREMENT PLAN INVESTMENT MANAGEMENT SYSTEM; 201. The American Worker Retirement Investment Board; 202. The American Worker Retirement Plan Advisory Council; 203. Executive Director; 204. Investment policies and selection of asset managers; 205. Administrative provisions; 206. Fiduciary responsibilities; liability and penalties; 207. Bonding; 208. Investigative authority; 209. Exculpatory provisions; insurance; 210. Subpoena authority; TITLE III—GOVERNMENT MATCH TAX CREDIT; 301. Government Match Tax Credit
Government Match Tax Credit
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,