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H.R. 8660

Referred to Committee

To direct the Secretary of Labor to modify regulations to allow the use of performance benchmarks in the case of designated investment alternatives, and for other purposes.

Introduced 10/23/2020•116th Congress•House

Latest Action

Referred to the House Committee on Education and Labor.

10/23/2020 • House

Summary

This bill permits administrators of employee health or retirement plans to use a blend of different broad-based stock indices (e.g., the Dow Jones Industrial Average) to meet the performance benchmarking requirements for designated investment alternatives if certain conditions are met.

Introduced in House • 10/23/2020

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Topics & Subjects

Administrative law and regulatory proceduresCongressional oversightDepartment of LaborEmployee benefits and pensionsFinancial services and investments

Congressional Votes (0)

No recorded votes yet

Roll call votes will appear here as the bill moves through Congress

Related Federal Spending

Sponsor & Cosponsors (1)

Sponsor

R[
Rep. Evans, Dwight [D-PA-3]

Democrat • PA-3

Sponsored 10/23/2020

No cosponsors yet

Cosponsors may be added as the bill moves through Congress

Bill Journey

Originated in the House

Introduced

October 23, 2020

Referred to the House Committee on Education and Labor.

Committee Review

Floor Debate

Passed Chamber

Other Chamber

President

Enacted into Law

Text Versions (1)

Introduced in House10/23/2020

Details

Bill TypeHR
Current StatusReferred to Committee
Cosponsors0