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    <number>8960</number>
    <updateDate>2023-01-11T13:43:59Z</updateDate>
    <updateDateIncludingText>2023-01-11T13:43:59Z</updateDateIncludingText>
    <originChamber>House</originChamber>
    <type>HR</type>
    <introducedDate>2020-12-14</introducedDate>
    <congress>116</congress>
    <constitutionalAuthorityStatementText><![CDATA[<pre>[Congressional Record Volume 166, Number 211 (Monday, December 14, 2020)][House]From the Congressional Record Online through the Government Publishing Office [<a href="https://www.gpo.gov">www.gpo.gov</a>]By Mr. LEVIN of Michigan:H.R. 8960.Congress has the power to enact this legislation pursuantto the following:Article 1, Section 1 of the Constitution.[Page H7154]</pre>]]></constitutionalAuthorityStatementText>
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        <name>Financial Services Committee</name>
        <chamber>House</chamber>
        <type>Standing</type>
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            <name>Referred to</name>
            <date>2020-12-14T18:30:21Z</date>
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        <actionDate>2020-12-14</actionDate>
        <text>Referred to the House Committee on Financial Services.</text>
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        <text>Introduced in House</text>
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        <actionDate>2020-12-14</actionDate>
        <text>Introduced in House</text>
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    <sponsors>
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        <bioguideId>L000592</bioguideId>
        <fullName>Rep. Levin, Andy [D-MI-9]</fullName>
        <firstName>Andy</firstName>
        <lastName>Levin</lastName>
        <party>D</party>
        <state>MI</state>
        <district>9</district>
        <isByRequest>N</isByRequest>
      </item>
    </sponsors>
    <cosponsors>
      <item>
        <bioguideId>B001296</bioguideId>
        <fullName>Rep. Boyle, Brendan F. [D-PA-2]</fullName>
        <firstName>Brendan</firstName>
        <lastName>Boyle</lastName>
        <party>D</party>
        <state>PA</state>
        <middleName>F.</middleName>
        <district>2</district>
        <sponsorshipDate>2020-12-14</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>A000378</bioguideId>
        <fullName>Rep. Axne, Cynthia [D-IA-3]</fullName>
        <firstName>Cynthia</firstName>
        <lastName>Axne</lastName>
        <party>D</party>
        <state>IA</state>
        <district>3</district>
        <sponsorshipDate>2020-12-14</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>G000586</bioguideId>
        <fullName>Rep. Garcia, Jesus G. "Chuy" [D-IL-4]</fullName>
        <firstName>Jesus</firstName>
        <lastName>Garcia</lastName>
        <party>D</party>
        <state>IL</state>
        <middleName>G.</middleName>
        <district>4</district>
        <sponsorshipDate>2020-12-14</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
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    </cosponsors>
    <policyArea>
      <name>Finance and Financial Sector</name>
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    <subjects>
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        <item>
          <name>Accounting and auditing</name>
        </item>
        <item>
          <name>Air quality</name>
        </item>
        <item>
          <name>Animal protection and human-animal relationships</name>
        </item>
        <item>
          <name>Banking and financial institutions regulation</name>
        </item>
        <item>
          <name>Business ethics</name>
        </item>
        <item>
          <name>Climate change and greenhouse gases</name>
        </item>
        <item>
          <name>Corporate finance and management</name>
        </item>
        <item>
          <name>Endangered and threatened species</name>
        </item>
        <item>
          <name>Financial services and investments</name>
        </item>
        <item>
          <name>Government information and archives</name>
        </item>
        <item>
          <name>Human rights</name>
        </item>
        <item>
          <name>Industrial facilities</name>
        </item>
        <item>
          <name>Pollution liability</name>
        </item>
        <item>
          <name>Racial and ethnic relations</name>
        </item>
        <item>
          <name>Securities</name>
        </item>
        <item>
          <name>Service industries</name>
        </item>
        <item>
          <name>Tax administration and collection, taxpayers</name>
        </item>
        <item>
          <name>Women in business</name>
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      </legislativeSubjects>
      <policyArea>
        <name>Finance and Financial Sector</name>
      </policyArea>
    </subjects>
    <summaries>
      <summary>
        <versionCode>00</versionCode>
        <actionDate>2020-12-14</actionDate>
        <actionDesc>Introduced in House</actionDesc>
        <updateDate>2021-02-10T13:03:43Z</updateDate>
        <text><![CDATA[ <p><b>Sustainable Investment Policies Act of 2020 </b></p> <p>This bill requires investment advisers to establish and follow a sustainable investment policy, including policies relating to the corporate governance practices, labor and human rights practices, and the environmental risks of the entities receiving investments. </p>]]></text>
      </summary>
    </summaries>
    <title>Sustainable Investment Policies Act of 2020</title>
    <titles>
      <item>
        <titleType>Display Title</titleType>
        <title>Sustainable Investment Policies Act of 2020</title>
      </item>
      <item>
        <titleType>Short Title(s) as Introduced</titleType>
        <title>Sustainable Investment Policies Act of 2020</title>
        <billTextVersionName>Introduced in House</billTextVersionName>
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      </item>
      <item>
        <titleType>Official Title as Introduced</titleType>
        <title>To amend the Investment Advisers Act of 1940 to require large asset managers to establish Sustainable Investment Policies.</title>
        <billTextVersionName>Introduced in House</billTextVersionName>
        <billTextVersionCode>IH</billTextVersionCode>
      </item>
    </titles>
    <textVersions>
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        <type>Introduced in House</type>
        <date>2020-12-14T05:00:00Z</date>
        <formats>
          <item>
            <url>https://www.govinfo.gov/content/pkg/BILLS-116hr8960ih/xml/BILLS-116hr8960ih.xml</url>
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        </formats>
      </item>
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    <latestAction>
      <actionDate>2020-12-14</actionDate>
      <text>Referred to the House Committee on Financial Services.</text>
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    <dc:language>EN</dc:language>
    <dc:rights>Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.</dc:rights>
    <dc:contributor>Congressional Research Service, Library of Congress</dc:contributor>
    <dc:description>This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.</dc:description>
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