Search Results: keywords:"employee benefits"

  • S. 3901 — To provide employees with a minimum of 2 consecutive hours of paid leave in order to vote in Federal elections.
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    Status:Introduced in Senate
    Words:1,101

    The bill S. 3901, introduced in the Senate on March 11, 2024, seeks to ensure that employees are given at least 2 consecutive hours of paid leave to vote in Federal elections. Employers must provide this leave upon request and can designate when this time can be taken, such...

    Simple Explanation

    The bill S. 3901 wants to make sure that people who work have at least 2 hours off with pay so they can go vote in big elections without being worried about not getting paid or getting in trouble at their job. Bosses can pick when the time off happens, but it can't be during lunch or breaks, and they can get fined if they don't let their employees vote.

  • H. R. 8662 — An Act To reduce commuting burdens on Transportation Security Administration employees, and for other purposes.
    Status:Engrossed in House
    Words:457

    H. R. 8662, known as the “TSA Commuting Fairness Act,” aims to explore how commuting time affects Transportation Security Administration (TSA) employees. It requires the TSA to study the possibility of considering the time employees spend traveling between work locations and...

    Simple Explanation

    The TSA Commuting Fairness Act is a plan to see if the time TSA workers spend getting to and from their jobs can be counted as work time. This might be done by using gadgets like phones to keep track of travel time.

  • H. R. 7293 — To amend the Internal Revenue Code of 1986 to provide rules for automatic contribution retirement plans and arrangements.
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    Status:Introduced in House
    Words:6,402

    H.R. 7293, titled the "Automatic IRA Act of 2024," aims to amend the Internal Revenue Code to establish rules for automatic contribution retirement plans and arrangements. This bill mandates employers to offer automatic IRA arrangements that meet specific notice, eligibility, contribution,...

    Simple Explanation

    H.R. 7293 is about making it easier for people to save money for when they are older by having their jobs automatically put money into special savings accounts. It also wants to give small businesses some reward money to help with this, but they might face some money penalties if they don't follow the rules.

  • H. R. 7407 — To amend the Internal Revenue Code of 1986 to provide a credit to certain small employers for the startup costs of dependent care flexible spending plans.
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    Status:Introduced in House
    Words:1,071

    H.R. 7407, also known as the “Small Business Dependent Care FSA Opportunity Act,” aims to amend the Internal Revenue Code to offer a tax credit to small employers. This credit is intended to cover the startup costs associated with creating dependent care flexible spending plans for their...

    Simple Explanation

    H.R. 7407 wants to help small businesses by giving them money back if they start new programs where employees can save money to help pay for taking care of their children. The rules are a bit tricky and have some limits and conditions on who can get the money and how much.

  • S. 3947 — To amend the Fair Labor Standards Act of 1938 to reduce the standard workweek from 40 hours per week to 32 hours per week, and for other purposes.
    Status:Introduced in Senate
    Words:802

    The bill, S. 3947, proposes an amendment to the Fair Labor Standards Act of 1938, aiming to reduce the standard workweek in the United States from 40 hours to 32 hours. It outlines a gradual reduction over three years, first to 38 hours, then 36, and finally 34 before...

    Simple Explanation

    The bill suggests changing how long people work each week, making the regular workweek 32 hours instead of 40, so people get more free time while still earning the same. However, if they work more than 32 hours, they get extra pay, and the plan is to make this change gradually over three years.

  • H. R. 8421 — To abolish the Board of Governors of the Federal Reserve System and the Federal reserve banks, to repeal the Federal Reserve Act, and for other purposes.
    Status:Introduced in House
    Words:834

    H.R. 8421, also known as the “Federal Reserve Board Abolition Act,” proposes to dismantle the Board of Governors of the Federal Reserve System and the Federal reserve banks one year after the bill is enacted. It seeks to repeal the Federal Reserve Act and entrust the winding...

    Simple Explanation

    Imagine if a big, important group that helps guide how money is handled in the country is taken away. This bill suggests getting rid of that group and passing its jobs to others, which could be a bit like taking apart a big toy and figuring out what to do with all the pieces.

  • H. R. 10302 — To amend the Internal Revenue Code to allow employers to contribute to ABLE accounts in lieu of retirement plan contributions.
    Status:Introduced in House
    Words:1,148

    H.R. 10302 seeks to amend the Internal Revenue Code to allow employers to contribute to ABLE accounts instead of making contributions to retirement plans. This change means that employees eligible for ABLE accounts can opt for their employer's contributions to go into their...

    Simple Explanation

    H.R. 10302 would let employers put money into special savings accounts for workers with disabilities instead of their retirement plans, making sure such deposits won't mess up the usual rules for saving for the future.