Retirement Fairness for Charities and Educational Institutions Act of 2025
- Bill Number
- H.R. 1013
- Origin Chamber
- House
- Congress
- 119th Congress, Session 1
- Policy Area
- Finance and Financial Sector
- Status
- Introduced
- Latest Action
- 2025-11-28: Placed on the Union Calendar, Calendar No. 340.
- Last Updated
- 2025-12-05T06:26:02Z
Official 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.
Sponsor
Cosponsors (24)
Rep. Gottheimer, Josh [D-NJ-5], Rep. Foster, Bill [D-IL-11], Rep. Barr, Andy [R-KY-6], Rep. Meuser, Daniel [R-PA-9], Rep. Pettersen, Brittany [D-CO-7], Rep. Nunn, Zachary [R-IA-3], Rep. Morelle, Joseph D. [D-NY-25], Rep. Panetta, Jimmy [D-CA-19], Rep. Sessions, Pete [R-TX-17], Rep. Sewell, Terri A. [D-AL-7], Rep. Suozzi, Thomas R. [D-NY-3], Rep. Neguse, Joe [D-CO-2], Rep. Vindman, Eugene Simon [D-VA-7], Rep. Harder, Josh [D-CA-9], Rep. Lawler, Michael [R-NY-17], Rep. Norcross, Donald [D-NJ-1], Rep. Scott, David [D-GA-13], Rep. Houlahan, Chrissy [D-PA-6], Rep. Bynum, Janelle S. [D-OR-5], Rep. Schneider, Bradley Scott [D-IL-10], Rep. McBride, Sarah [D-DE-At Large], Rep. Davis, Donald G. [D-NC-1], Rep. Horsford, Steven [D-NV-4], Rep. Courtney, Joe [D-CT-2]
Recent Actions
- 2025-11-28: Placed on the Union Calendar, Calendar No. 340.
- 2025-11-28: Reported (Amended) by the Committee on Financial Services. H. Rept. 119-390.
- 2025-11-28: Reported (Amended) by the Committee on Financial Services. H. Rept. 119-390.
- 2025-05-20: Ordered to be Reported (Amended) by the Yeas and Nays: 43 - 8.
- 2025-05-20: Committee Consideration and Mark-up Session Held
- 2025-02-05: Referred to the House Committee on Financial Services.
- 2025-02-05: Introduced in House
- 2025-02-05: Introduced in House
Bill Versions
- Retirement Fairness for Charities and Educational Institutions Act of 2025 — issued 2025-02-05 — PDF (6 pages)
- Retirement Fairness for Charities and Educational Institutions Act of 2025 — issued 2025-11-28 — PDF (10 pages)