A Democratic bill with 1 Republican cosponsor · See the cosponsor
Last activity — 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.
In committee
Introduced and handed to a committee in the chamber it started in.
The committee holds it, and most bills are never heard from again. A hearing or a committee vote would be news; silence is the usual outcome, and it kills the bill without anyone voting against it.
Its path through Congress
- Introduced
- In Committee
What this bill would do
This bill is called the Emergency Savings Enhancement Act of 2025. It changes the rules for pension-linked emergency savings accounts. Specifically, the bill updates who is considered an eligible participant for these accounts under the Employee Retirement Income Security Act of 1974 and the Internal Revenue Code of 1986. It also raises the account contribution maximum. The changes made by sections 2 and 3 apply to taxable years beginning after December 31, 2026.
Yes· 3 of 7
- Scored +3
Would people in middle age be better off under this?
The bill facilitates increased savings for workers through expanded contribution limits in pension-linked accounts.
- Scored +3
Would households on low incomes be better off under this?
The bill increases the maximum amount an individual can save for emergencies to $5,000, helping to build financial buffers.
- Scored +3
Would middle-income households be better off under this?
The increased contribution limit allows middle-income earners to set aside more money for unexpected expenses.
The opposite
No question was scored the opposite.
Who it would affect, and how
Potential Positive Impacts for People
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Section 2 and Section 3: These sections change the contribution maximum for emergency savings accounts from $2,500 to $5,000. This is positive because it allows individuals to save more money in their emergency accounts.
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Section 2 and Section 3: These sections modify the definition of an eligible participant to mean an individual who meets the age, service, and other eligibility requirements of the plan, without requiring them to be otherwise a participant in the plan for defined contribution plans. This is positive because it broadens who can qualify for these accounts based on the specific plan rules.
Potential Negative Impacts for People
- The provided text does not contain any specific provisions outlining negative consequences or burdens for individuals or groups of people in the United States.
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Tap or hover a score for the reason it gave.
- Demographic And Interest Groups
- Would households on low incomes be better off under this? — The bill increases the maximum amount an individual can save for emergencies to $5,000, helping to build financial buffers. Would people in middle age be better off under this? — The bill facilitates increased savings for workers through expanded contribution limits in pension-linked accounts. Would middle-income households be better off under this? — The increased contribution limit allows middle-income earners to set aside more money for unexpected expenses. Would business owners be better off under this? — The adjustment to participant eligibility may provide more flexibility for employers managing defined contribution plans. Would people over 65 be better off under this? — The modification of eligibility requirements may impact how long-term service and age requirements interact with savings plans. Would union members be better off under this? — The bill modifies rules relevant to pension-linked and defined contribution plans often utilized by union members.
- Social Issues And Justice
- Is this likely to lift people out of poverty? — The bill allows individuals to increase their emergency savings capacity by doubling the contribution limit to $5,000.
- 12/3/2025
- 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.
- 1 Cosponsor added.
- Introduced in House
One bill Congress.gov lists as related to this one — companions in the other chamber, earlier versions, and bills this one absorbed or was folded into.
Glenn ThompsonRepublican · Pennsylvania