Retirement Fairness for Charities and Educational Institutions Act of 2024

[AI summary unavailable — showing source text] [Congressional Bills 118th Congress] [From the U.S. Government Publishing Office] [S. 4917 Introduced in Senate (IS)] <DOC> 118th CONGRESS 2d Session S. 4917 To amend the Federal securities laws to enhance 403(b) plans, and for other purposes. _______________________________________________________________________ IN THE SENATE OF THE UNITED STATES July 31, 2024 Mrs. Britt (for herself, Mr. Peters, Mr. Cassidy, and Mr. Warnock) introduced the following bill; which was read twice and referred to the Committee on Banking, Housing, and Urban Affairs _______________________________________________________________________ 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 2024''. 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'…