,,ii  #aaith ,,congress  #ast ,session  
,s4 #cccc  ,,in ,,the ,,senate ,,of     
,,the ,,united ,,states  ,december #c1  
#bjbe,mr4 ,young 7for himself and ,mr4  
,booker7 introduced the following bill2 
which was read twice and referred to the
 ,committee on ,health1 ,education1     
,labor1 and ,pensions  ,a ,,bill  ,to   
modify the eligibility requirements and 
account contribution maximum for        
pension-linked emergency savings        
accounts1 and for other purposes4  #a4  
,short title ,this ,act may be cited as 
the ,emergency ,savings ,enhancement    
,act of #bjbe4  #b4 ,amendments to the  
,employee ,retirement ,income ,security 
,act of #aigd ,section #hja of the      
,employee ,retirement ,income ,security 
,act of #aigd 7#bi ,u4,s4,c4 #aaic7 is  
amended-- 7#a7 by striking subsection   
7b7 and inserting the following3  7b7   
,eligible participant ,for purposes of  
this part1 the term eligible            
participant1 with regard to an          
individual account plan1 means an       

individual who meets any age1 service1  
and other eligibility requirements of   
the plan4  2 and  7#b7 in subsection    
7d7-- 7,a7 in paragraph 7#a77;,a77i71 by
 striking #b1ejj and inserting #e1jjj2  
and  7,b7 in paragraph 7#c77;,a7-- 7i7  
in clause 7vii71 by adding and at the   
end2  7ii7 in clause 7viii71 by striking
 2 and and inserting a period2 and      
7iii7 by striking clause 7ix74  #c4     
,amendments to the ,internal ,revenue   
,code of #aihf  7a7 ,eligible           
participant ,paragraph 7#b7 of section  
#djb;,a7e7 of the ,internal ,revenue    
,code of #aihf is amended to read as    
follows3  7#b7 ,eligible participant    
,for purposes of this subsection1 the   
term eligible participant1 with regard  
to a defined contribution plan1 means an
 individual1 without regard to whether  
the individual is otherwise a           
participant in such plan1 who meets any 
age1 service1 and other eligibility     
requirements of the plan4  4  7b7       
,contribution limitation ,clause 7i7 of 

section #djb;,a7e77#c77;,a7 of the      
,internal ,revenue ,code of #aihf is    
amended by striking #b1ejj and inserting
 #e1jjj4  7c7 ,conforming amendment     
,subparagraph 7,a7 of section           
#djb;,a7e77#e7 of the ,internal ,revenue
 ,code of #aihf is amended by adding and
 at the end of clause 7vii71 by striking
 2 and at the end of clause 7viii7 and  
inserting a period1 and by striking     
clause 7ix74  #d4 ,effective date ,the  
amendments made by sections #b and #c   
shall apply to taxable years beginning  
after ,december #ca1 #bjbf4