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119th Congress · House bill · Last action Nov 28, 2025
BillsTaxationH.R. 6324Congress.gov ↗
H.R. 6324In CommitteeTaxation

Democrats simplify retirement account rules and disclosure requirements

Sponsor: Rep. Panetta, Jimmy (D-CA)20 cosponsorsIntroduced Nov 28, 2025
In plain English

A plain-English summary isn’t available for this bill yet.

Where it is in the process

Introduced
Nov 28
House committee
Nov 28
3
House floor
-
4
Senate
-
5
Signed
-
What happens next: Sits in committee. Needs a markup or favorable report to advance to the House floor.

Community vote

How readers of ThePolitibase feel about this bill. Reader sentiment only — not a scientific poll, and not a measure of public opinion.

- support · - oppose · - total

Sponsor

Cosponsors (20)

DR
MR
BR
DR
NR
SR
BR
+13
9 Democrats, 11 Republicans (of 20 shown).

Activity timeline

Nov 28
Nov 28, 2025
Referred to the House Committee on Ways and Means.
Nov 28
Nov 28, 2025
Introduced in House
Nov 28
Nov 28, 2025
Introduced in House
Read the bill text
Official text via Congress.gov. Opens in a new tab.
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Full action log

All 3 recorded actions since introduction · Source: Congress.gov
Nov 28
HOUSEReferred to the House Committee on Ways and Means.
Nov 28
Introduced in House
Nov 28
Introduced in House

All 20 cosponsors

9 Democrats · 11 Republicans
Democrats (9)
Republicans (11)

In the news

New Bill Lets Older Workers Buy Annuities With 401(k) Funds. But Should They Take The Risk? - Investopedia
Older workers could use 401(k) money to buy annuities, under bipartisan bill - CNBC
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