HR 3857 · 115th Congress · Finance and Financial Sector

PASS Act of 2017

Introduced 2017-09-27· Sponsored by Rep. Wagner, Ann [R-MO-2]· House

Bill Progress

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Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Placed on the Union Calendar, Calendar No. 865.(2018-12-28)

Plain Language Summary

[AI summary unavailable — showing source text] Protecting Advice for Small Savers Act of 2017 or the PASS Act of 2017 This bill nullifies the Department of Labor's "fiduciary duty" rule (which requires a retirement advisor to act in the best interest of the investor) and otherwise revises standards of conduct for brokers and dealers.…

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

CBO Cost Estimate

Congressional Budget Office

H.R. 3857, PASS Act of 2017

Dec 11, 2017

As ordered reported by the House Committee on Financial Services on October 12, 2017

Full CBO report ↗

Official non-partisan budget analysis by the Congressional Budget Office

Cosponsors (15)

15 Republicans
Rep. Barr, Andy [R-KY-6]KY
Rep. Messer, Luke [R-IN-6]IN
Rep. Trott, David A. [R-MI-11]MI
Rep. Posey, Bill [R-FL-8]FL
Rep. Williams, Roger [R-TX-25]TX
Rep. Budd, Ted [R-NC-13]NC
Rep. Hollingsworth, Trey [R-IN-9]IN
Rep. Kustoff, David [R-TN-8]TN
Rep. Luetkemeyer, Blaine [R-MO-3]MO
Rep. Hill, J. French [R-AR-2]AR
Rep. Hultgren, Randy [R-IL-14]IL
Rep. Tenney, Claudia [R-NY-22]NY
Rep. McSally, Martha [R-AZ-2]AZ
Rep. Rothfus, Keith J. [R-PA-12]PA
Rep. Sessions, Pete [R-TX-32]TX