HR 4747 · 106th Congress · Labor and Employment

Retirement Security Advice Act of 2000

Introduced 2000-06-26· Sponsored by Rep. Boehner, John A. [R-OH-8]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Forwarded by Subcommittee to Full Committee (Amended) by Voice Vote.(2000-07-19)

Plain Language Summary

[AI summary unavailable — showing source text] Retirement Security Advice Act of 2000 - Amends the Employee Retirement Income Security Act of 1974 (ERISA) and the Internal Revenue Code to allow prohibited transaction exemptions under specified conditions to: (1) a fiduciary adviser's providing certain investment advice to an employee benefit plan or to a participant or beneficiary of such plan; (2) sale, acquisition, or holding of securities or other property (including any extension of credit associated with these) pursuant to such advice; and (3) direct or indirect receipt of fees or other compensation by the fiduciary adviser or an affiliate in connection with providing such advice.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (14)

2 Democrats12 Republicans