118th Congress · SENATE BILLBILL

S. 1891 — Stop TSP ESG Act

“A bill 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 Jun 8, 2023

Last action Jun 8, 2023

Pipeline · Bill → Law

Step 1

Introduced

Jun 8, 2023

Step 2

Referred

Jun 8, 2023

Homeland Security and Governmental Affairs

Step 3

Committee

Step 4

Senate

Step 5

House floor

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 Senate

Timeline · 2 actions

Jun 8, 2023

Introduced in Senate

Jun 8, 2023

Read twice and referred to the Committee on Homeland Security and Governmental Affairs.