HR 2958 · 119th Congress · Labor and Employment
Balance the Scales Act
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Placed on the Union Calendar, Calendar No. 430.(2026-02-20)
Plain Language Summary
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[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 OfficeH.R. 2958, Balance the Scales Act
Jan 14, 2026As 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