Norcross, Grothman Introduce Bipartisan Bill to Simplify Retirement Plan Reporting and Cut Red Tape
Introduce a bipartisan bill to simplify retirement plan reporting and cut red tape.
Occurrences
Evidence
Congress.gov's Member Activity page for Donald Norcross lists H.R.7362 in the 119th Congress: a bill to simplify Form 5500 filing for employee benefit plan administrators. It identifies Rep. Glenn Grothman, a Republican, as sponsor, introduced February 4, 2026, with 8 cosponsors, and status Introduced.
Congress.gov records H.R.7362 as introduced on February 4, 2026, sponsored by Rep. Glenn Grothman, referred to the House Education and Workforce and Ways and Means Committees, and still at the Introduced status.
The Department of Labor explains that the Form 5500 Series lets employee benefit plans satisfy annual reporting requirements under ERISA, the Internal Revenue Code, and related pension law frameworks.
Assessments
Norcross is tied in official congressional activity to H.R.7362, a bipartisan retirement-plan/Form 5500 reporting simplification bill introduced during the current House term. That matches the policy subject and shows a concrete legislative effort. However, Congress.gov identifies Republican Rep. Glenn Grothman, not Norcross, as the formal sponsor who introduced the bill, and the evidence does not show Norcross wrote, sponsored, or otherwise led its introduction beyond being associated as a cosponsor. Because the promised action was to introduce a bipartisan bill, this merits partial rather than full delivery.