Statements on Introduced Bills and Joint Resolution

Floor Speech

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Mr. WYDEN. Mr. President, today I have introduced the Encouraging Americans to Save Act (EASA). This legislation makes common sense reforms to the saver's tax credit by making the credit refundable and restructuring it as a government matching contribution that is directly deposited into a worker's retirement savings account.

This bill would offer matching contributions for the first time to millions of middle and lower income individuals not covered by an employer-sponsored retirement plan, including those who save through an IRA under a State or local government savings program-such as workers in my home State of Oregon under the OregonSaves program. The government match is also available to middle and lower income savers who participate in an employer-sponsored plan.

The government match provided by the bill would both encourage saving and help middle and low income earners build assets by providing an immediate, meaningful return on their personal contributions. The legislation would also establish a coronavirus bonus recovery credit that would provide an additional government match of up to $5,000 to workers on their retirement saving for a five year period beginning in 2022. I urge my colleagues to support this legislation. ______

By Mr. GRAHAM:

S. 5036. A bill to amend the Overtime Pay for Protective Services Act of 2016 to extend the Secret Service overtime pay exception through 2023, and for other purposes; considered and passed. S. 5036

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE.

This Act may be cited as the ``Secret Service Overtime Pay Extension Act''. SEC. 2. EXTENSION OF OVERTIME PAY EXCEPTION THROUGH 2023 FOR PROTECTIVE SERVICES.

(a) In General.--Section 2 of the Overtime Pay for Protective Services Act of 2016 (5 U.S.C. 5547 note) is amended--

(1) in the section heading, by striking ``2020'' and inserting ``2023'';

(2) in subsection (a), by striking ``during 2016, 2017, 2018, 2019, or 2020'' and inserting ``during any of calendar years 2016 through 2023''; and

(3) in subsection (b)(1)--

(A) by inserting ``for a given calendar year'' after ``for premium pay''; and

(B) by striking ``during 2016, 2017, 2018, 2019, and 2020'' and inserting ``during each of calendar years 2016 through 2023''.

(b) Reports.--

(1) Definition.--In this subsection, the term ``appropriate committees of Congress'' means the Committee on Appropriations, the Committee on Homeland Security and Governmental Affairs, and the Committee on the Judiciary of the Senate and the Committee on Appropriations, the Committee on Oversight and Reform, and the Committee on the Judiciary of the House of Representatives.

(2) Report on extensions.--Not later than January 30 of each of calendar years 2021, 2022, and 2023, the Director of the United States Secret Service shall submit to the appropriate committees of Congress a report on the effects of the amendments made by subsection (a) and the amendments made by section 2(a) of the Secret Service Overtime Pay Extension Act (Public Law 115-383; 132 Stat. 5121), which shall include, with respect to the previous calendar year, the information described under paragraphs (1) through (7) of section 2(c) of the Secret Service Recruitment and Retention Act of 2018 (Public Law 115-160; 132 Stat. 1246).

(3) Open recommendations.--Not later than 60 days after the date of enactment of this Act, the Director of the United States Secret Service shall submit to the appropriate committees of Congress a report discussing the progress of the United States Secret Service in implementing each recommendation of the Government Accountability Office to the United States Secret Service that has not been designated as closed by the Comptroller General of the United States.

(4) Protective mission panel.--Not later than 1 year after the date of enactment of this Act, the Comptroller General of the United States shall submit to the appropriate committees of Congress a report on the extent of the progress made by the United States Secret Service in implementing the recommendations of the United States Secret Service Protective Mission Panel, including in particular those items pertaining to training and personnel enumerated in the Executive Summary to Report from the United States Secret Service Protective Mission Panel to the Secretary of Homeland Security dated December 15, 2014.

(c) Repeal of Superseded Reporting Requirement.--Section 2(b) of the Secret Service Overtime Pay Extension Act (Public Law 115-383; 132 Stat. 5121) is repealed.

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