Retirement Fairness for Charities and Educational Institutions Act of 2025
House Committee Advances Bill to Expand Low-Cost Investment Options for School and Nonprofit Retirement Plans
Stalled
No legislative action in over 90 days.
Legislative Progress
Key Points
Impact Analysis
Personal Impact
How this policy affects specific groups of people
Milestones
Placed on the Union Calendar, Calendar No. 340.
The bill is now on the schedule for the full chamber to consider. It's in line for debate and a vote.
Reported (Amended) by the Committee on Financial Services. H. Rept. 119-390.
Reported (Amended) by the Committee on Financial Services. H. Rept. 119-390.
Ordered to be Reported (Amended) by the Yeas and Nays: 43 - 8.
The committee approved this bill and is sending it to the full chamber for a vote. This is a significant step — most bills never get this far.
Committee Consideration and Mark-up Session Held
Votes
No votes have been recorded for this legislation yet.
Related News
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The House passed a bill bundling over 20 measures, including a provision to allow 403(b) plans to invest in collective investment trusts (CITs). The move aims to create parity between 401(k) and 403(b) plans, potentially lowering fees for educators and nonprofit employees.
Proposal Giving Teachers, Others Retirement Plan Parity Advances
Legislation modifying securities laws to extend 403(b) plans the same exemptions used by 401(k)s and the federal Thrift Savings Plan has advanced through the House Financial Services Committee. The bill aims to provide public servants with the same low-cost investment options as private workers.
Source Information
Document Type
Congressional Bill
Official Title
Retirement Fairness for Charities and Educational Institutions Act of 2025
Sponsor
Cosponsors
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