S 1762 · 117th Congress · Labor and Employment
Financial Factors in Selecting Retirement Plan Investments Act
Bill Progress
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Introduced2
Committee3
Senate Vote4
House5
EnactedLatest: Read twice and referred to the Committee on Health, Education, Labor, and Pensions.(2021-05-20)
Plain Language Summary
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Financial Factors in Selecting Retirement Plan Investments Act This bill permits fiduciaries of employer-sponsored retirement plans to consider environmental, social, governance, or similar factors when making investment decisions. It also nullifies the rule published by the Employee Benefits Security Administration on November 13, 2020, that requires fiduciaries to select investments and investment courses of action based solely on financial considerations.…
Summarized by Claude AI · Non-partisan · For informational purposes only
Cosponsors (4)
4 Democrats