The most expedient way to pass the SECURE Act before August is through unanimous consent—the procedure by which a bill can be passed without the usual debate and amendment procedures because all senators agree. However, it only takes one senator to block this route, and three senators currently have objections.
Sen. Ted Cruz (R-TX) wants to add back a provision allowing 529 college savings accounts to pay for home schooling, which was removed from the House bill before passage. Sen. Pat Toomey (R-PA) has additional items he would like added to the legislation. Sen. Mike Lee (R-UT) has a concern over the provision in the bill dealing with newspaper pensions. Senate leadership and Chairman Chuck Grassley (R-IA) are involved in the negotiations, and our coalition is working together to resolve these issues.
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