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US HB7362

Bill

Status

Introduced

2/4/2026

Primary Sponsor

Glenn Grothman

Click for details

Origin

House of Representatives

119th Congress

AI Summary

  • Extends Form 5500 filing deadline from 210 days after plan year close to 15 days after the end of the 9th calendar month (approximately 9.5 months total)

  • Extends PBGC annual report deadline from 6 months after plan year close to 15 days after the end of the 9th calendar month

  • Authorizes Secretary of Labor to grant additional filing extensions for plans affected by disasters, fires, or other emergencies under IRC Section 7508A(b)

  • Requires Treasury, Labor, and PBGC to modernize Form 5500 and related filings to permit electronic signatures

  • Applies to plan years ending on or after the date of enactment; plans may rely on good-faith compliance until agencies implement the electronic signature modifications

Legislative Description

Form 5500 Filing Simplification Act

Labor and employment

Last Action

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.

2/4/2026

Committee Referrals

Education and Workforce2/4/2026

Full Bill Text

No bill text available