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H.R. 1013 · 119th Congress

Retirement Fairness for Charities and Educational Institutions Act of 2025

Introduced Feb 5, 2025Policy area: Finance and Financial Sector

Read the textOn Congress.gov

Status: In committee

  1. Introduced
  2. Committee
  3. Passed House
  4. Passed Senate
  5. To President
  6. Law

Latest action

: Placed on the Union Calendar, Calendar No. 340.

Summary

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.

Summary by the Congressional Research Service.

Actions

  1. House

    Placed on the Union Calendar, Calendar No. 340.

  2. House

    Reported (Amended) by the Committee on Financial Services. H. Rept. 119-390.

  3. House

    Ordered to be Reported (Amended) by the Yeas and Nays: 43 - 8.

  4. House

    Committee Consideration and Mark-up Session Held

  5. House

    Referred to the House Committee on Financial Services.

  6. Introduced in House