Retirement Fairness for Charities and Educational Institutions Act of 2023

[AI summary unavailable — showing source text] [Congressional Bills 118th Congress] [From the U.S. Government Publishing Office] [H.R. 3063 Introduced in House (IH)] <DOC> 118th CONGRESS 1st Session H. R. 3063 To amend the Federal securities laws to enhance 403(b) plans, and for other purposes. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES May 2, 2023 Mr. Lucas (for himself, Mr. Gottheimer, Mr. Foster, and Mr. Barr) introduced the following bill; which was referred to the Committee on Financial Services _______________________________________________________________________ A BILL To amend the Federal securities laws to enhance 403(b) plans, and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Retirement Fairness for Charities and Educational Institutions Act of 2023''. SEC. 2. ENHANCEMENT OF 403(B) PLANS. (a) Amendments to the Investment Company Act of 1940.--Section 3(c)(11) of the Investment Company Act of 1940 (15 U.S.C. 80a-3(c)(11)) is amended to read as follows: ``(11) Any-- ``(A) employee's stock bonus, pension, or profit…