HOUSE 1013119th CongressPlaced on the Union Calendar, Calendar No. 340.

Retirement Fairness for Charities and Educational Institutions Act of 2025

Last Action: 11/28/2025

Actions

2025-11-28Placed on the Union Calendar, Calendar No. 340.
2025-11-28Reported (Amended) by the Committee on Financial Services. H. Rept. 119-390.
2025-11-28Reported (Amended) by the Committee on Financial Services. H. Rept. 119-390.
2025-05-20Ordered to be Reported (Amended) by the Yeas and Nays: 43 - 8.
2025-05-20Committee Consideration and Mark-up Session Held
2025-02-05Referred to the House Committee on Financial Services.
2025-02-05Introduced in House
2025-02-05Introduced in House

CRS Summary

As of 2025-02-05 (00)

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.

Cosponsors (20)

Josh Gottheimer (D-NJ)
Bill Foster (D-IL)
Andy Barr (R-KY)
Daniel Meuser (R-PA)
Brittany Pettersen (D-CO)
Zachary Nunn (R-IA)
Joseph Morelle (D-NY)
Jimmy Panetta (D-CA)
Pete Sessions (R-TX)
Terri Sewell (D-AL)
Thomas Suozzi (D-NY)
Joe Neguse (D-CO)
Eugene Vindman (D-VA)
Josh Harder (D-CA)
Michael Lawler (R-NY)
Donald Norcross (D-NJ)
David Scott (D-GA)
Chrissy Houlahan (D-PA)
Janelle Bynum (D-OR)
Bradley Schneider (D-IL)

Subjects

Employee benefits and pensions
Financial services and investments
Government employee pay, benefits, personnel management
Religion
Social work, volunteer service, charitable organizations

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Sourced from Congress.gov (public domain).

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