118th Congress · HOUSE BILLBILL

H.R. 1119 — Freedom to Invest in a Sustainable Future Act

“To amend the Employee Retirement Income Security Act of 1974 to permit retirement plans to consider certain factors in investment decisions.”

Labor and employment

Introduced Feb 21, 2023

Last action Feb 21, 2023

Pipeline · Bill → Law

Step 1

Introduced

Feb 21, 2023

Step 2

Referred

Feb 21, 2023

Education and Workforce

Step 3

Committee

Step 4

House floor

Step 5

Senate

Step 6

Resolve Changes

Step 7

Signed

SummaryCRS Summary

This bill provides statutory authority for fiduciaries of employer-sponsored retirement plans to consider environmental, social, governance, or similar factors when making investment decisions.

Provisions · 2 sectionsIntroduced in House

Timeline · 2 actions

Feb 21, 2023

Introduced in House

Feb 21, 2023

Referred to the House Committee on Education and the Workforce.