Bill119th CongressFiled Feb 5, 2025Finance and Financial Sector
S. 424
Retirement Fairness for Charities and Educational Institutions Act of 2025
Bill journey · stage 2 of 5
Under committee review
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What it doesSummary introduced in senate (Feb 5, 2025)
Retirement Fairness for Charities and Educational Institutions Act of 2025
This bill allows 403(b) retirement plans (i.e., retirement plans designed for certain employees of public schools, charities, and churches) to invest in collective investment trusts, which are a group of pooled investment assets held by a bank or trust company, and in insurance company separate accounts.
What just happenedFeb 5, 2025
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Who’s behind it
Sen. Britt, Katie Boyd [R-AL](R-AL)Sponsor
20 cosponsors9 D11 R
20cosponsors1committees2actions1related bills
- Introduced in SenateFeb 5, 2025
- Feb 5, 2025IntroReferral
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Banking, Housing, and Urban Affairs Committee - Feb 5, 2025IntroReferral10000
Introduced in Senate