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In committee: it can still change before the session ends.

US S 928 · Senate Bill · 119th Congress

Stage
In committee
Started in
Senate
Sponsors
2
Latest action
Mar 11, 2025

What it does

The bill would amend the Employee Retirement Income Security Act of 1974 to prohibit retirement plan fiduciaries from making new investments in foreign adversary or sanctioned entities, including through acquiring interests, lending money, providing goods or services, or transferring plan assets or participant data to such entities. It requires plans to disclose existing investments in these entities, detailing the value, identity of the entities, and relevant sanction lists, while allowing continuation of pre-enactment investments and fulfillment of binding contracts if specific disclosure and compliance requirements are met. The Secretary of Labor must issue implementing regulations…

No official summary is available here. This one was written by AI from the bill’s text.

Read the full textRead it on the official site

Where it stands

  1. Introduced (Done)

    Mar 11, 2025

  2. Committee (Current step)

    In committee · Mar 11, 2025

  3. Floor (Not started)

  4. Law (Not started)

What moved

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Who is involved

Sponsors

The lawmakers who put their names on it, lead sponsors first.

In the news

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Where it goes next

While a bill can still move, the questions are about people and money.

Work with this bill

PARSA | 52