Strengthening Benefit Plans Act of 2025

Hozzl · 2025-06-30T17:56:45Z

Explore the details of Senate Bill 2003 Strengthening Benefit Plans Act of 2025 currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Taxation. Stay informed on legislative developments.

6/30/2025, 5:56 PM

Summary of Bill S 2003

The bill, introduced in the 119th Congress, aims to amend the Internal Revenue Code of 1986 to allow the utilization of excess plan assets for active employees' benefits and for other specified purposes.

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Current Status of Bill S 2003

Bill S 2003 is currently in the status of Bill Introduced since June 10, 2025. Bill S 2003 was introduced during Congress 119 and was introduced to the Senate on June 10, 2025. Bill S 2003's most recent activity was Read twice and referred to the Committee on Finance. as of June 10, 2025

Bipartisan Support of Bill S 2003

Total Number of Sponsors

Democrat Sponsors

Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

Democrat Cosponsors

Republican Cosponsors

Unaffiliated Cosponsors

Policy Area and Potential Impact of Bill S 2003

Primary Policy Focus

Taxation

Alternate Title(s) of Bill S 2003

Strengthening Benefit Plans Act of 2025

A bill to amend the Internal Revenue Code of 1986 to permit certain excess plan assets to be used for benefits for active employees, and for other purposes.