US SB1563 | 2023-2024 | 118th Congress
Status
Spectrum: Partisan Bill (Republican 9-0)
Status: Introduced on May 11 2023 - 25% progression, died in committee
Action: 2023-05-11 - Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
Pending: Senate Health, Education, Labor, And Pensions Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on May 11 2023 - 25% progression, died in committee
Action: 2023-05-11 - Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
Pending: Senate Health, Education, Labor, And Pensions Committee
Text: Latest bill text (Introduced) [PDF]
Summary
A bill to amend the Employee Retirement Income Security Act of 1974 to clarify the fiduciary duty of plan administrators to select and maintain investments based solely on pecuniary factors, and for other purposes.
Title
Maximize Americans' Retirement Security Act
Sponsors
| Sen. Mike Braun [R-IN] | Sen. Marsha Blackburn [R-TN] | Sen. Ted Cruz [R-TX] | Sen. Ted Budd [R-NC] |
| Sen. Tommy Tuberville [R-AL] | Sen. Roger Wicker [R-MS] | Sen. Roger Marshall [R-KS] | Sen. Steve Daines [R-MT] |
| Sen. Bill Cassidy [R-LA] |
History
| Date | Chamber | Action |
|---|---|---|
| 2023-05-11 | Senate | Read twice and referred to the Committee on Health, Education, Labor, and Pensions. |
Subjects
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/118th-congress/senate-bill/1563/all-info |
| Text | https://www.congress.gov/118/bills/s1563/BILLS-118s1563is.pdf |
