S.Amdt. 2194
What it does: Adds SEC. 12207. FIDUCIARY EXCLUSION UNDER ERISA on page 1009, line 11
Sen. Kelly Ayotte (R-NH)What it changes
1 change to S. 3240
Adds SEC. 12207. FIDUCIARY EXCLUSION UNDER ERISA on page 1009, line 11
Adds a sectionPrinted pageInserted: SEC. 12207. FIDUCIARY EXCLUSION UNDER ERISA.
Inserted: Section 3(21)(A) of the Employee Retirement Income and Security Act of 1974 (29 U.S.C. 1002(21)(A)) is amended by inserting "and except to the extent a person is providing an appraisal or fairness opinion with respect to qualifying employer securities (as defined in section 407(d)(5)) included in an employee stock ownership plan (as defined in section 407(d)(6))," after "subparagraph (B),".
Original wording
On page 1009, after line 11, add the following:
Read automatically from the Congressional Record. Check the original before relying on it.
As printed
SA 2194. Ms. AYOTTE submitted an amendment intended to be proposed by her to the bill S. 3240, to reauthorize agricultural programs through 2017, and for other purposes; which was ordered to lie on the table; as follows:
On page 1009, after line 11, add the following:
SEC. 12207. FIDUCIARY EXCLUSION UNDER ERISA.
Section 3(21)(A) of the Employee Retirement Income and Security Act of 1974 (29 U.S.C. 1002(21)(A)) is amended by inserting “and except to the extent a person is providing an appraisal or fairness opinion with respect to qualifying employer securities (as defined in section 407(d)(5)) included in an employee stock ownership plan (as defined in section 407(d)(6)),” after “subparagraph (B),”.
Legislative Activity
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Senate amendment submitted
June 7, 2012