My major concern with this substitute is the point the gentleman mentioned. 94-1 shall be null and void to the extent it is construed in violation of ERISA. My fear is that, and I have many, many wonderful attorney friends but they are all very busy at the present time, my fear is that we are going to give them much more business than they can ever handle, and it may be a long, long time until we go through the court process to find out what is construed in violation of ERISA means, and that would be my major concern with the substitute.
William F. Goodling: “My major concern with this substitute is the point the gentleman mentioned. 94-1 shall be null and void to the extent it…”
Editor's note · Context
Expressing concerns about a legislative substitute related to ERISA during a floor debate.
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