S 424 · 119th Congress · Finance and Financial Sector

Retirement Fairness for Charities and Educational Institutions Act of 2025

Introduced 2025-02-05· Sponsored by Sen. Britt, Katie Boyd [R-AL]· Senate

Bill Progress

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Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.(2025-02-05)

Plain Language Summary

[AI summary unavailable — showing source text] Retirement Fairness for Charities and Educational Institutions Act of 2025 This bill allows 403(b) retirement plans (i.e., retirement plans designed for certain employees of public schools, charities, and churches) to invest in collective investment trusts, which are a group of pooled investment assets held by a bank or trust company, and in insurance company separate accounts.…

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

Cosponsors (19)

9 Democrats10 Republicans
Sen. Warnock, Raphael G. [D-GA]GA
Sen. Cassidy, Bill [R-LA]LA
Sen. Peters, Gary C. [D-MI]MI
Sen. Hagerty, Bill [R-TN]TN
Sen. Crapo, Mike [R-ID]ID
Sen. Rosen, Jacky [D-NV]NV
Sen. Tillis, Thomas [R-NC]NC
Sen. Coons, Christopher A. [D-DE]DE
Sen. Cramer, Kevin [R-ND]ND
Sen. Rounds, Mike [R-SD]SD
Sen. Kaine, Tim [D-VA]VA
Sen. Gallego, Ruben [D-AZ]AZ
Sen. Daines, Steve [R-MT]MT
Sen. Alsobrooks, Angela D. [D-MD]MD
Sen. Ricketts, Pete [R-NE]NE
Sen. Kennedy, John [R-LA]LA
Sen. Van Hollen, Chris [D-MD]MD
Sen. McCormick, David [R-PA]PA
Sen. Hickenlooper, John W. [D-CO]CO