H.R. 6257
Referred to CommitteePublic Service Retirement Fairness Act of 2020
Latest Action
Referred to the Committee on Financial Services, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
3/12/2020 • House
Summary
Public Service Retirement Fairness Act of 2020
This bill expands the ability of 403(b) retirement plans (i.e., retirement plans designed for certain employees of public schools, nonprofits, and churches) to invest in collective investment trusts, which are groups of pooled investment assets held by a bank or trust company.
Introduced in House • 3/12/2020
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Sponsor & Cosponsors (12)
Party Breakdown
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Cosponsors (11)
Bill Journey
Originated in the House
Introduced
March 12, 2020
Referred to the Committee on Financial Services, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Committee Review
Floor Debate
Passed Chamber
Other Chamber
President
Enacted into Law