Bill117th CongressFiled Sep 28, 2022Labor and Employment
S. 4973
Retirement Savings Modernization Act
Bill journey · stage 2 of 5
Under committee review
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What it doesSummary introduced in senate (Sep 28, 2022)
Retirement Savings Modernization Act
This bill specifies that fiduciaries for employee-sponsored retirement plans are permitted to diversify a plan's investments across certain asset classes, such as digital assets, hedge funds, private equity, and venture capital.
What just happenedSep 28, 2022
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
Who’s behind it
Sen. Toomey, Patrick [R-PA](R-PA)Sponsor
2 cosponsors2 R
2cosponsors1committees2actions1related bills
- Introduced in SenateSep 28, 2022
- Sep 28, 2022IntroReferral
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
Health, Education, Labor, and Pensions Committee - Sep 28, 2022IntroReferral10000
Introduced in Senate