OFFICIAL LEGAL TITLE
Form 5500 Filing Simplification Act
FREQUENTLY ASKED QUESTIONS
What is the official ID of this bill?
The official print number for this legislation is 119_HR_7362.
Which chamber initiated this legislation?
This legislation was initiated in the House of Representatives.
When did the legislative process begin?
The process officially started on 2026-02-04.
What are the main provisions?
Key points include:
- Changes the filing deadline to the date that is 15 days after the end of the 9th calendar month that begins after the close of the plan year.
- Requires modifications to permit returns and reports to be signed through electronic means.
- Allows the Secretary to determine a later deadline for plans affected by a disaster, fire, or action described in the Internal Revenue Code.
- Includes a good-faith reliance provision for plans complying before the electronic signature modifications are implemented.
What is the specific legal status?
The current status is Introduced.
Where can I read the full text of this legislation?
The full official text is available at:
View full text
Who is the primary sponsor?
The primary sponsor is Rep. Grothman, Glenn [R-WI-6].
What is the latest detailed status?
The latest detailed status is: Introduced in House
Is this summary verified?
Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2026-02-20.
What is the impact of this bill?
We don't know—that is up to you to decide. Summarizing raw data with AI is fundamentally different from predicting socio-economic outcomes. As of 2026, we believe impact assessment strictly requires a human in the loop to verify and judge.