118th Congress · HOUSE BILLBILL

H.R. 7780 — Safeguarding Investment Options for Retirement Act

“To amend the Internal Revenue Code of 1986 to prohibit certain retirement plans from making investment decisions on the basis of factors other than financial risk and return factors.”

Taxation

Introduced Mar 21, 2024

Last action Mar 21, 2024

Pipeline · Bill → Law

Step 1

Introduced

Mar 21, 2024

Step 2

Referred

Mar 21, 2024

Ways & Means

Step 3

Committee

Step 4

House floor

Step 5

Senate

Step 6

Resolve Changes

Step 7

Signed

SummaryCRS Summary

This bill prohibits tax-exempt retirement plans (e.g., 401ks) from making investment decisions based on factors other than financial risk and return factors.

Provisions · 2 sectionsIntroduced in House

Timeline · 2 actions

Mar 21, 2024

Introduced in House

Mar 21, 2024

Referred to the House Committee on Ways and Means.