A bill to amend the Employment Retirement Income Security Act of 1974 to simplify the filing of Form 5500 for employee benefit plan administrators.
119-s4953 — A bill to amend the Employment Retirement Income Security Act of 1974 to simplify the filing of Form 5500 for employee benefit plan administrators.. Sponsored by Sen. Banks, Jim [R-IN]. Introduced 2026-07-13. Senate bill. 119th Congress. Latest action: Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
A bill to amend the Employment Retirement Income Security Act of 1974 to simplify the filing of Form 5500 for employee benefit plan administrators.
Timeline
- Sponsor
- Sen. Banks, Jim [R-IN] (R), IN
- Introduced
- 2026-07-13
- Committees
- Health, Education, Labor, and Pensions Committee
- Latest Action
- Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
Bill Activity
How a Bill Becomes a Law
The typical path from introduction to law. Every bill's actual journey (above) may skip steps or stop early — most never make it past committee.
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1Introduced
A member files the bill in the House or Senate.
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2Committee Review
Referred to committee for hearings, markup, and a vote to advance it.
This bill is here -
3Floor Vote
The full chamber debates and votes on passage.
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4Second Chamber
If passed, it repeats committee review and a floor vote in the other chamber.
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5Resolve Differences
If the chambers pass different versions, a conference reconciles them.
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6Sent to President
The reconciled bill is enrolled and delivered to the White House.
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7Signed or Vetoed
Becomes law with a signature, or automatically after 10 days.
✓ Becomes Law ✗ Vetoed
A veto can still be overridden by a two-thirds vote in both chambers. And once a bill is signed into law, further changes come from new amending legislation — not edits to the original text.
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