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HB5325Introduced in the House

Unclaimed Retirement Rescue Plan

IntroducedHouse Education and Workforce

Introduced by Seth Magaziner, District RI-2

What does this bill do?

Plain-English breakdown

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Official description

To direct the Secretary of Labor to promulgate a regulation allowing administrators of certain pension plans to voluntarily transfer unclaimed retirement distributions to State unclaimed property programs.

Where it stands

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.

September 11, 2025

How did lawmakers vote?

No recorded vote is available for this bill yet.

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Bill history

  1. Introduced in House

  2. 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.

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