HR 2958 · 119th Congress · Labor and Employment

Balance the Scales Act

Introduced 2025-04-17· Sponsored by Rep. Rulli, Michael A. [R-OH-6]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Placed on the Union Calendar, Calendar No. 430.(2026-02-20)

Plain Language Summary

[AI summary unavailable — showing source text] [Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [H.R. 2958 Introduced in House (IH)] <DOC> 119th CONGRESS 1st Session H. R. 2958 To amend the Employee Retirement Income Security Act of 1974 to require that the Employee Benefit Security Administration submit an annual report to Congress on adverse interest agreements, and for other purposes. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES April 17, 2025 Mr. Rulli introduced the following bill; which was referred to the Committee on Education and Workforce _______________________________________________________________________ A BILL To amend the Employee Retirement Income Security Act of 1974 to require that the Employee Benefit Security Administration submit an annual report to Congress on adverse interest agreements, 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 ``Balance the Scales Act''. SEC. 2. REPORT ON ADVERSE INTEREST AGREEMENTS. (a) In General.--Section 504 of the Employee Retirement Incom…

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

CBO Cost Estimate

Congressional Budget Office

H.R. 2958, Balance the Scales Act

Jan 14, 2026

As ordered reported by the House Committee on Education and Workforce on September 17, 2025

Full CBO report ↗

Official non-partisan budget analysis by the Congressional Budget Office

Cosponsors (1)

1 Republican