118th Congress · HOUSE BILLBILL

H.R. 3406Stop TSP ESG Act

To amend title 5, United States Code, to prohibit qualified professional asset managers from exercising voting rights associated with the ownership of securities by the Thrift Savings Fund.

Government operations and politics
Introduced May 17, 2023
Last action May 17, 2023
Pipeline · Bill → Law
Step 1
Introduced
May 17, 2023
Step 2
Referred
May 17, 2023
Oversight
Step 3
Committee
Step 4
House floor
Step 5
Senate
Step 6
Resolve Changes
Step 7
Signed
SummaryCRS Summary

This bill prohibits a qualified professional asset manager from exercising voting rights associated with the ownership of securities by the Thrift Savings Fund. Under current law, the term qualified professional asset manager includes certain banks, savings and loan associations, insurance companies, and investment advisers.

Provisions · 2 sectionsIntroduced in House
Timeline · 2 actions
May 17, 2023
Introduced in House
May 17, 2023
Referred to the House Committee on Oversight and Accountability.