,,iv  #aaf? ,,congress  #a/ ,session    
,h4 ,,con4 ,,res4 #ed  ,,9 ,,! ,,h\se   
,,( ,,repres5tatives  ,july #bd1        
#bjai,mr4 ,/eil submitt$ ! foll[+       
concurr5t resolution2 :i* 0 ref]r$ to ! 
,committee on ,rules  ,,concurr5t       
,,resolution  ,e/abli%+ ! ,jo9t ,select 
,committee on ,solv5cy ( ,multiemploy]  
,p5sion ,plans4  #a4 ,def9itions ,9 ?is 
,act-- 7#a7 ! t]m jo9t committee means !
 ,jo9t ,select ,committee on ,solv5cy ( 
,multiemploy] ,p5sion ,plans e/abli%$ "u
 section #b7;a72 &  7#b7 ! t]m jo9t     
committee bill means a bill consi/+ ( ! 
propos$ legislative language ( ! jo9t   
committee recomm5d$ 9 accordance )      
section #b7;b77#b77;,b77ii7 & introduc$ 
"u section #d7;a74  #b4 ,e/abli%m5t (   
,jo9t ,select ,committee  7a7           
,e/abli%m5t ( jo9t select committee ,!re
 is e/abli%$ a jo9t select committee (  
,congress to be kn[n z ! ,jo9t ,select  
,committee on ,solv5cy ( ,multiemploy]  
,p5sion ,plans4  7b7 ,implem5tation     
7#a7 ,goal ,! goal ( ! jo9t committee is

 to improve ! solv5cy ( multiemploy]    
p5sion plans & ! ,p5sion ,b5efit        
,gu>anty ,corporation4  7#b7 ,duties    
7,a7 ,9 g5]al ,! jo9t committee %all    
provide recomm5dations & legislative    
language t w significantly improve !    
solv5cy ( multiemploy] p5sion plans & ! 
,p5sion ,b5efit ,gu>anty ,corporation4  
7,b7 ,report1 recomm5dations1 &         
legislative language  7i7 ,9 g5]al ,n   
lat] ?an ,april #cj1 #bjbj1 ! jo9t      
committee %all vote on-- 7,i7 a report t
 conta9s a detail$ /atem5t ( ! f9d+s1   
conclusions1 & recomm5dations ( ! jo9t  
committee2 &  7,,ii7 propos$ legislative
 language to c>ry out ! recomm5dations  
describ$ 9 subclause 7,i74  7ii7        
,approval ( report & legislative        
language  7,i7 ,9 g5]al ,! report ( !   
jo9t committee & ! propos$ legislative  
language describ$ 9 clause 7i7 %all only
 be approv$ ^u receiv+ ! votes (--  7aa7
 a majority ( jo9t committee memb]s     
appo9t$ by ! ,speak] ( ! ,h\se (        
,repres5tatives & ! majority lead] ( !  

,s5ate2 &  7bb7 a majority ( jo9t       
committee memb]s appo9t$ by ! m9ority   
lead] ( ! ,h\se ( ,repres5tatives & !   
m9ority lead] ( ! ,s5ate4  7,,ii7       
,availability ,! text ( any report &    
propos$ legislative language %all be    
publicly available 9 electronic =m at   
lea/ #bd h\rs prior to its consid]ation4
  7iii7 ,additional views ,a memb] ( !  
jo9t committee :o gives notice ( an     
int5tion to file supplem5tal1 m9ority1  
or additional views at ! "t ( ! f9al    
jo9t committee vote on ! approval ( !   
report & legislative language "u clause 
7ii7 %all be entitl$ to #b cal5d> days  
aft] ! day ( su* notice 9 :i* to file   
su* views 9 writ+ ) ! co-*airs4 ,su*    
views %all !n be includ$ 9 ! jo9t       
committee report & pr9t$ 9 ! same       
volume1 or "p !re(1 & _! inclusion %all 
be not$ on ! cov] ( ! report4 ,9 !      
abs5ce ( timely notice1 ! jo9t committee
 report may be pr9t$ & transmitt$       
imm$iately )\t su* views4  7iv7         
,transmission ( report & legislative    

language ,if ! report & legislative     
language are approv$ by ! jo9t committee
 pursuant to clause 7ii71 ! jo9t        
committee %all submit ! jo9t committee  
report & legislative language describ$ 9
 clause 7i7 to ! ,presid5t1 ! ,vice     
,presid5t1 ! ,speak] ( ! ,h\se (        
,repres5tatives1 & ! majority & m9ority 
lead]s ( ea* ,h\se ( ,congress n lat]   
?an #ae cal5d> days aft] su* approval4  
7v7 ,report & legislative language to be
 made public ,^u ! approval ( ! jo9t    
committee report & legislative language 
pursuant to clause 7ii71 ! jo9t         
committee %all promptly make ! full     
report & legislative language1 & a      
record ( any vote1 available to !       
public4  7#c7 ,memb]%ip  7,a7 ,9 g5]al  
,! jo9t committee %all be compos$ ( #af 
memb]s appo9t$ pursuant to subp>agraph  
7,b74  7,b7 ,appo9tm5t ,memb]s ( ! jo9t 
committee %all be appo9t$ z foll[s3  7i7
 ,! ,speak] ( ! ,h\se ( ,repres5tatives 
%all appo9t #d memb]s f among ,memb]s ( 
! ,h\se ( ,repres5tatives4  7ii7 ,!     

m9ority lead] ( ! ,h\se (               
,repres5tatives %all appo9t #d memb]s f 
among ,memb]s ( ! ,h\se (               
,repres5tatives4  7iii7 ,! majority     
lead] ( ! ,s5ate %all appo9t #d memb]s f
 among ,memb]s ( ! ,s5ate4  7iv7 ,!     
m9ority lead] ( ! ,s5ate %all appo9t #d 
memb]s f among ,memb]s ( ! ,s5ate4  7,c7
 ,co-*airs ,two ( ! appo9t$ memb]s ( !  
jo9t committee w s]ve z co-*airs4 ,!    
,speak] ( ! ,h\se ( ,repres5tatives & ! 
majority lead] ( ! ,s5ate %all jo9tly   
appo9t "o co-*air1 & ! m9ority lead] ( !
 ,h\se ( ,repres5tatives & ! m9ority    
lead] ( ! ,s5ate %all jo9tly appo9t !   
second co-*air4 ,! co-*airs %all be     
appo9t$ n lat] ?an #ad cal5d> days aft] 
! date ( enactm5t ( ?is ,act4  7,d7     
,date ,memb]s ( ! jo9t committee %all be
 appo9t$ n lat] ?an #ad cal5d> days aft]
 ! date ( enactm5t ( ?is ,act4  7,e7    
,p]iod ( appo9tm5t ,memb]s %all be      
appo9t$ = ! life ( ! jo9t committee4    
,any vacancy 9 ! jo9t committee %all n  
affect its p[]s1 b %all be fill$ n lat] 

?an #ad cal5d> days aft] ! date on :i* !
 vacancy occurs1 9 ! same mann] z !     
orig9al appo9tm5t 0 made4 ,if a memb] ( 
! jo9t committee ceases to be a ,memb] (
 ! ,h\se ( ,repres5tatives or ! ,s5ate1 
z ! case may be1 ! memb] is no long] a  
memb] ( ! jo9t committee & a vacancy    
%all exi/4  7#d7 ,adm9i/ration  7,a7    
,g5]al au?ority ,= purposes ( enabl+ !  
jo9t committee to ex]cise its p[]s1     
functions1 & duties "u ?is ,act1 &      
consi/5t ) ! ,/&+ ,rules ( ! ,s5ate1 !re
 is au?oriz$ f ! date ( enactm5t ( ?is  
,act ?r\gh ,june #cj1 #bjbj1 #ejj1jjj to
 be allocat$--  7i7 9 total dur+ ! p]iod
 ,m>* #a1 #bjai ?r\gh ,septemb] #cj1    
#bjai2 &  7ii7 any rema9+ am\nts %all be
 c>ri$ =w>d = ! p]iod ,octob] #a1 #bjai 
?r\gh ,septemb] #cj1 #bjbj4  7,b7       
,exp5ses ,exp5ses ( ! jo9t committee    
%all be paid f ! cont+5t fund ( ! ,s5ate
 ^u v\*]s approv$ by ! co-*airs1 subject
 to ! rules & regulations ( ! ,s5ate4   
7,c7 ,quorum ,n9e memb]s ( ! jo9t       
committee %all con/itute a quorum =     

purposes ( vot+ & meet+1 & #e memb]s ( !
 jo9t committee %all con/itute a quorum 
= hold+ he>+s4  7,d7 ,vot+ ,no proxy    
vot+ %all be all[$ on behalf ( ! memb]s 
( ! jo9t committee4  7,e7 ,meet+s  7i7  
,initial meet+ ,n lat] ?an #cj cal5d>   
days aft] ! date ( enactm5t ( ?is ,act1 
! jo9t committee %all hold its fir/     
meet+4  7ii7 ,ag5da ,! co-*airs ( ! jo9t
 committee %all provide an ag5da to !   
jo9t committee memb]s n less ?an #dh    
h\rs 9 advance ( any meet+4  7,f7 ,he>+s
  7i7 ,9 g5]al ,! jo9t committee may1 = 
! purpose ( c>ry+ out ?is section1 hold 
su* he>+s1 sit & act at su* times &     
places1 require att5dance ( witnesses & 
production ( books1 pap]s1 & docum5ts1  
take su* te/imony1 receive su* evid5ce1 
& adm9i/] su* oa?s z ! jo9t committee   
consid]s advisable4  7ii7 ,he>+         
proc$ures & responsibilities ( co-*airs 
7,i7 ,ann\ncem5t ,! co-*airs ( ! jo9t   
committee %all make a public ann\ncem5t 
( ! date1 place1 "t1 & subject matt] (  
any he>+ to be conduct$1 n less ?an #g  

days 9 advance ( su* he>+1 unless !     
co-*airs det]m9e t !re is good cause to 
beg9 su* he>+ at an e>li] date4  7,,ii7 
,equal repres5tation ( witnesses ,ea*   
co-*air %all be entitl$ to select an    
equal numb] ( witnesses = ea* he>+ held 
by ! jo9t committee4  7,,iii7 ,writt5   
/atem5t ,a witness appe>+ be=e ! jo9t   
committee %all file a writt5 /atem5t (  
propos$ te/imony at lea/ #b cal5d> days 
be=e ! appe>ance ( ! witness1 unless !  
requirem5t is waiv$ by ! co-*airs1      
foll[+ _! det]m9ation t !re is good     
cause = failure to comply ) su*         
requirem5t4  7,g7 ,m9imum numb] ( public
 meet+s & he>+s ,! jo9t committee %all  
hold-- 7i7 n less ?an a total ( #e      
public meet+s or public he>+s2 &  7ii7 n
 less ?an #c public he>+s1 :i* may      
include field he>+s4  7,h7 ,te*nical    
assi/ance ,^u writt5 reque/ ( !         
co-*airs1 a ,f$]al ag5cy1 includ+       
legislative bran* ag5cies1 %all provide 
te*nical assi/ance to ! jo9t committee 9
 ord] = ! jo9t committee to c>ry out its

 duties4  7,i7 ,/aff+  7i7 ,details     
,employees ( ! legislative bran* may be 
detail$ to ! jo9t committee on a        
nonreimbursable basis1 consi/5t ) !     
rules & regulations ( ! ,s5ate4  7ii7   
,/aff director ,! co-*airs1 act+ jo9tly1
 may designate "o su* employee z /aff   
director ( ! jo9t committee4  7c7       
,e?ical /&>ds ,memb]s on ! jo9t         
committee :o s]ve 9 ! ,h\se (           
,repres5tatives %all be gov]n$ by !     
e?ics rules & requirem5ts ( ! ,h\se4    
,memb]s ( ! ,s5ate :o s]ve on ! jo9t    
committee %all comply ) ! e?ics rules ( 
! ,s5ate4  7d7 ,t]m9ation ,! jo9t       
committee %all t]m9ate on ,april #cj1   
#bjbj1 or #cj days aft] submission ( its
 report & legislative recomm5dations    
pursuant to ?is section :i*ev] occurs   
fir/4  #c4 ,fund+  7a7 ,special res]ve  
,to enable ! jo9t committee to ex]cise  
its p[]s1 functions1 & duties "u ?is    
,act1 )9 ! funds 9 ! acc\nt = ,exp5ses (
 ,inquiries & ,inve/igations ( ! ,s5ate1
 n m ?an #ejj1jjj %all be allocat$ f !  

special res]ve e/abli%$ 9 ,s4 ,res4 #gj1
 agre$ to ,febru>y #bg1 #bjai 7#aaf?    
,congress71 = use by ! jo9t committee4  
7b7 ,expiration ,none ( ! funds made    
available by ?is section may be         
available = obligation by ! jo9t        
committee aft] ,july #b1 #bjbj4  7c7    
,availability requirem5ts ,= purposes ( 
! jo9t committee1 section #bj7;b7 ( ,s4 
,res4 #gj1 agre$ to ,febru>y #bg1 #bjai 
7#aaf? ,congress71 %all n apply4  #d4   
,consid]ation ( jo9t committee bill 9 ! 
,s5ate  7a7 ,introduction ,^u receipt ( 
propos$ legislative language approv$ 9  
accordance ) section                    
#b7;b77#b77;,b77ii71 ! language %all be 
introduc$ 9 ! ,s5ate 7by reque/7 on !   
next day on :i* ! ,s5ate is 9 session by
 ! majority lead] ( ! ,s5ate or by a    
,memb] ( ! ,s5ate designat$ by !        
majority lead] ( ! ,s5ate4  7b7         
,committee consid]ation ,a jo9t         
committee bill introduc$ 9 ! ,s5ate "u  
subsection 7a7 %all be jo9tly ref]r$ to 
! ,committee on ,f9ance & ! ,committee  

on ,heal?1 ,education1 ,labor1 &        
,p5sions1 :i* committees %all report !  
bill )\t any revision & ) a favorable   
recomm5dation1 an unfavorable           
recomm5dation1 or )\t recomm5dation1 no 
lat] ?an #g session days aft]           
introduction ( ! bill4 ,if ei!r         
committee fails to report ! bill )9 t   
p]iod1 t committee %all be automatically
 dis*>g$ f consid]ation ( ! bill1 & !   
bill %all be plac$ on ! appropriate     
cal5d>4  7c7 ,motion ,to proce$ to      
consid]ation  7#a7 ,9 g5]al ,not)/&+    
rule ,,xxii ( ! ,/&+ ,rules ( ! ,s5ate1 
x is 9 ord]1 n lat] ?an #b days (       
session aft] ! date on :i* a jo9t       
committee bill is report$ or dis*>g$ f !
 ,committee on ,f9ance & ! ,committee on
 ,heal?1 ,education1 ,labor1 & ,p5sions1
 = ! majority lead] ( ! ,s5ate or !     
majority lead]'s designee to move to    
proce$ to ! consid]ation ( ! jo9t       
committee bill4 ,x %all also be 9 ord] =
 any ,memb] ( ! ,s5ate to move to proce$
 to ! consid]ation ( ! jo9t committee   

bill at any "t aft] ! conclusion ( su*  
#b-;day p]iod4  7#b7 ,consid]ation (    
motion ,consid]ation ( ! motion to      
proce$ to ! consid]ation ( ! jo9t       
committee bill & all debatable motions &
 appeals 9 connection !re) %all n exce$ 
#aj h\rs1 :i* %all be divid$ equally    
betwe5 ! majority & m9ority lead]s or _!
 designees4 ,a motion to fur!r limit    
debate is 9 ord]1 %all require an       
affirmative vote ( ?ree-fif?s ( ,memb]s 
duly *os5 & sworn1 & is n debatable4    
7#c7 ,vote ?re%old ,! motion to proce$  
to ! consid]ation ( ! jo9t committee    
bill %all only be agre$ to ^u an        
affirmative vote ( ?ree-fif?s ( ,memb]s 
duly *os5 & sworn4  7#d7 ,limitations ,!
 motion is n subject to a motion to     
po/pone4 ,all po9ts ( ord] aga9/ !      
motion to proce$ to ! jo9t committee    
bill are waiv$4 ,a motion to reconsid] !
 vote by :i* ! motion is agre$ to or    
disagre$ to %all n be 9 ord]4  7#e7     
,deadl9e ,n lat] ?an ! la/ day ( ! #aaf?
 ,congress1 ! ,s5ate %all vote on a     

motion to proce$ to ! jo9t committee    
bill4  7#f7 ,companion measures ,=      
purposes ( ?is subsection1 ! t]m jo9t   
committee bill includes a bill ( ! ,h\se
 ( ,repres5tatives t is a companion     
measure to ! jo9t committee bill        
introduc$ 9 ! ,s5ate4  7d7 ,rules (     
,s5ate ,?is section is enact$ by        
,congress-- 7#a7 z an ex]cise ( !       
rulemak+ p[] ( ! ,s5ate1 & z su* is     
deem$ a "p ( ! rules ( ! ,s5ate1 b      
applicable only ) respect to ! proc$ure 
to be foll[$ 9 ! ,s5ate 9 ! case ( a    
jo9t committee bill1 & sup]s$e o!r rules
 only to ! ext5t t !y are inconsi/5t )  
su* rules2 &  7#b7 ) full recognition ( 
! con/itutional "r ( ! ,s5ate to *ange !
 rules 7s f> z relat+ to ! proc$ure ( ! 
,s5ate7 at any "t1 9 ! same mann]1 & to 
! same ext5t z 9 ! case ( any o!r rule (
 ! ,s5ate4