S. 4965 explained  ·  119th Congress  ·  Pending in Congress

Railroad Retirement Board Stability Act

Create a free account or sign in to follow S. 4965 and get alerts. Policy area: Transportation and Public Works Create a free account or sign in to follow the Transportation and Public Works policy area and get alerts. ▲ 76 days since action Sponsor: Bill Cassidy, LA-Senate, R → Congress.gov

Cosponsors: 3 (1 D, 1 R, 1 other) · per Congress.gov, 2026-10-14

Introduced: 2026-07-14

Latest action (2026-08-04): Placed on Senate Legislative Calendar under General Orders. Calendar No. 540.

What S. 4965 does, in plain terms

The Congressional Research Service has not published a summary of S. 4965 yet. Its official title: “Railroad Retirement Board Stability Act”.

Constitution Index

“VFA Constitution grade”

Not graded yet

S. 4965 has not been graded yet. New measures with an official summary are graded daily under the published rubric.

The Framers

“Founders’ Verdict”

CONSTITUTIONAL

Confidence 0.75

Archived SI output (machine-generated)

No editorial review recorded. This historical SI verdict was machine-generated by software and predates the review desk; check it against the official bill text.

Synthesis

The bill is constitutional under the Commerce Clause (Article I, Section 8, Clause 3) and the Necessary and Proper Clause (Article I, Section 8, Clause 18), because railroads are instruments of interstate commerce and a stable retirement system is integral to the efficient operation of that commerce. The federal government possesses implied powers to achieve enumerated ends, and the act is a permissible means.

Hamilton YES

This bill, which concerns the Railroad Retirement Board, falls within the ambit of Congress's power to regulate commerce among the several states. The Constitution vests Congress with authority to 'regulate Commerce with foreign Nations, and among the several States, and with the Indian Tribes' (Article I, Section 8, Clause 3). Railroads are instruments of interstate commerce, and the stability of their retirement system is essential to the uninterrupted flow of commerce. Furthermore, the Necessary and Proper Clause (Article I, Section 8, Clause 18) grants Congress the power to make all laws w…

Article I, Section 8, Clause 3 Article I, Section 8, Clause 18 Federalist No. 23
Jefferson NO

This bill proposes to alter the structure and funding of the Railroad Retirement Board, a federal agency. The Constitution grants Congress no enumerated power to establish or maintain a retirement system for railroad workers. Such a system is not among the powers delegated to the United States by the Constitution, nor is it necessary and proper for executing any enumerated power. The Tenth Amendment reserves all powers not delegated to the United States to the States or to the people. Furthermore, the Ninth Amendment cautions that the enumeration of certain rights shall not be construed to den…

Amendment X Amendment IX
Madison YES

The Railroad Retirement Board Stability Act of 2026, pertaining to the regulation of railroad retirement benefits, falls within the constitutional authority of Congress under the Commerce Clause. Railroads are instruments of interstate commerce, and the retirement and disability system for railroad workers is directly connected to the stability and efficiency of that commerce. The Necessary and Proper Clause further empowers Congress to establish and maintain such an administrative board as a means to execute its commerce power. While the Constitution does not enumerate a specific power over r…

Article I, Section 8, Clause 3 (Commerce Clause) Article I, Section 8, Clause 18 (Necessary and Proper Clause) Federalist No. 42 Federalist No. 44
Marshall YES

The regulation of railroad retirement is an integral part of regulating interstate commerce. Railroads are instruments of commerce among the states, and the stability of the retirement system for railroad workers directly affects the efficiency and continuity of that commerce. Congress, under the Commerce Clause, possesses the power to enact laws that are necessary and proper for executing its commerce power. The Railroad Retirement Board Stability Act is a means to ensure the continued operation of the railroad retirement system, a legitimate end within federal authority. This reasoning align…

Article I, Section 8, Clause 3 McCulloch v. Maryland (1819)
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