Financial Factors in Selecting Retirement Plan Investments Act
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in house (May 20, 2021)
Financial Factors in Selecting Retirement Plan Investments Act
This bill permits fiduciaries of employer-sponsored retirement plans to consider environmental, social, governance, or similar factors when making investment decisions.
It also nullifies the rule published by the Employee Benefits Security Administration on November 13, 2020, that requires fiduciaries to select investments and investment courses of action based solely on financial considerations.
What just happenedMay 20, 2021
Referred to the House Committee on Education and Labor.
Who’s behind it
- Introduced in HouseMay 20, 2021
- May 20, 2021IntroReferralH11100
Referred to the House Committee on Education and Labor.
Education and the Workforce Committee - May 20, 2021IntroReferralIntro-H
Introduced in House
- May 20, 2021IntroReferral1000
Introduced in House