Checked
Retirement Fairness for Charities and Educational Institutions Act of 2025
H.R. 1013, 119th Congress
- Status
- In committee
- Introduced
- 02/05/2025
- Cosponsors
- 24
- Latest action
- 11/28/2025
About this bill
- Official title
- Retirement Fairness for Charities and Educational Institutions Act of 2025
- Sponsor
- Frank Lucas (R-OK)
- Introduced in
- House
- Policy area
- Finance and Financial Sector
- Committees
- Financial Services Committee
- Latest action
- Placed on the Union Calendar, Calendar No. 340.
Summary
Congressional Research Service, Introduced in House (02/05/2025)
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.
Actions
Newest first
- 11/28/2025 · House
Placed on the Union Calendar, Calendar No. 340.
- 11/28/2025 · House
Reported (Amended) by the Committee on Financial Services. H. Rept. 119-390.
- 05/20/2025 · House
Ordered to be Reported (Amended) by the Yeas and Nays: 43 - 8.
- 05/20/2025 · House
Committee Consideration and Mark-up Session Held
- 02/05/2025 · House
Referred to the House Committee on Financial Services.
- 02/05/2025
Introduced in House
Subjects: Employee benefits and pensions, Financial services and investments, Government employee pay, benefits, personnel management, Religion, Social work, volunteer service, charitable organizations.
Source: U.S. Government Publishing Office, GovInfo Bill Status; Congressional Research Service summaries · Last updated 11/28/2025