On May 23, the U.S. House of Representatives passed the Setting
Every Community Up for Retirement Enhancement Act of 2019 (SECURE
Act) by a vote of 417 – 3. Despite the large margin of
support in the House and similar legislation pending in the U.S.
Senate, the SECURE Act is not necessarily a sure thing to pass the
Senate and become law—at least as currently drafted.
Why would there be a problem in the Senate?
The version the House passed was based on an earlier version of
the SECURE Act that appeared headed for quick approval by the
Senate. However, late changes made to the legislation that passed
the House removed certain provisions favorable to home-schools,
private elementary and secondary schools and religious schools,
causing key Senators to balk at supporting the newly changed
version of the legislation. Consequently, Senate consideration may
be drawn out. Senators may try to modify the House passed version
by adding back some or all of the late change
