Retirement Fairness for Charities and Educational Institutions Act of 2025
119-HR-1013119th CongressIntroduced Feb 5, 2025Finance and Financial Sector
Market Probability
No market
Status
Introduced
Committee
Floor Vote
Other Chamber
Signed
Placed on the Union Calendar, Calendar No. 340.
Sponsor
Rep. Lucas, Frank D. [R-OK-3](R-OK-3)24 cosponsors
Summary
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.
Subjects
Employee benefits and pensionsFinancial services and investmentsGovernment employee pay, benefits, personnel managementReligionSocial work, volunteer service, charitable organizations
Actions (8)
Placed on the Union Calendar, Calendar No. 340.
Nov 28, 2025House floor actions
Reported (Amended) by the Committee on Financial Services. H. Rept. 119-390.
Nov 28, 2025House floor actions
Reported (Amended) by the Committee on Financial Services. H. Rept. 119-390.
Nov 28, 2025Library of Congress
Ordered to be Reported (Amended) by the Yeas and Nays: 43 - 8.
May 20, 2025House committee actions
Committee Consideration and Mark-up Session Held
May 20, 2025House committee actions
Referred to the House Committee on Financial Services.
Feb 5, 2025House floor actions
Introduced in House
Feb 5, 2025Library of Congress
Introduced in House
Feb 5, 2025Library of Congress