Financial Factors in Selecting Retirement Plan Investments Act
Summary
Financial Factors in Selecting Retirement Plan Investments Act This bill permits fiduciaries of employer-sponsored retirement plans to consider environmental, social, governance, or similar factors when making investment decisions. It also nullifies the rule published by the Employee Benefits Security Administration on November 13, 2020, that requires fiduciaries to select investments and investment courses of action based solely on financial considerations.
Bill status
in committee
1 of 4 stages cleared
Introduction
May 2021
Committee Review
Floor Vote
President
Introduced May 20, 2021
Last action May 20, 2021
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
2
Key actions
0
Committee
1
May 20, 2021
Committee
Referred to the House Committee on Education and Labor.
lower
May 20, 2021
Introduced
Introduced in House
lower
1 primary · 1 co-sponsor
Sponsors
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