HR 7362
Cleared committee
Extends the deadline for filing Form 5500 annual reports for employee benefit plans and requires that these filings be signable electronically.
Official title: Form 5500 Filing Simplification Act
Timeline each lane is a chamber; dates pull from congress.gov actions
House
Introduced
04-FEB-2026
Referred
04-FEB-2026
Approved by committee
21-MAY-2026
- Replaces the 210-day filing window with a deadline 15 days after the end of the ninth calendar month following the plan year's close.
- Lets the Secretary of Labor set a later deadline for plans affected by a disaster, fire, or other action described in Internal Revenue Code section 7508A(b).
- Directs the Treasury, Labor, and Pension Benefit Guaranty Corporation to allow electronic signatures on these returns and reports.
- Treats a plan as compliant if it acts in good faith under the new rules until the agencies make the required changes.
- Applies to plan years ending on or after the date of enactment.
No CRS summary yet. CRS writes one for most bills, often months after they move.
CRS is the Library of Congress's nonpartisan research office. Check on congress.gov- Ways and Means Committee (House)
- Education and Workforce Committee (House)
Labor and Employment
■ 10 R■ 1 D
10 Republicans
1 Democrat