3.0.0 3387 2023-01-11T13:49:39Z 2023-01-11T13:49:39Z House HR 2021-05-20 117 [Congressional Record Volume 167, Number 88 (Thursday, May 20, 2021)][House]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Ms. DelBENE:H.R. 3387.Congress has the power to enact this legislation pursuantto the following:Article 1, Section 8[Page H2652]]]> hsed00 Education and the Workforce Committee House Standing Referred to 2021-05-20T13:13:10Z Financial Factors in Selecting Retirement Plan Investments Act 117 1762 S 2021-05-20 Read twice and referred to the Committee on Health, Education, Labor, and Pensions. Identical bill CRS 2021-05-20 Referred to the House Committee on Education and Labor. IntroReferral H11100 2 House floor actions hsed00 Education and the Workforce Committee 2021-05-20 Introduced in House IntroReferral Intro-H 9 Library of Congress 2021-05-20 Introduced in House IntroReferral 1000 9 Library of Congress D000617 Rep. DelBene, Suzan K. [D-WA-1] Suzan DelBene D WA K. 1 N P000616 Rep. Phillips, Dean [D-MN-3] Dean Phillips D MN 3 2021-06-11 False Labor and Employment Administrative law and regulatory procedures Corporate finance and management Department of Labor Employee benefits and pensions Financial services and investments Labor and Employment 00 2021-05-20 Introduced in House 2022-02-14T14:53:51Z Financial Factors in Selecting Retirement Plan Investments Act

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

It also nullifies the rule published by the Employee Benefits Security Administration on November 13, 2020, that requires fiduciaries to select investments and investment courses of action based solely on financial considerations.

]]> Financial Factors in Selecting Retirement Plan Investments Act Display Title Financial Factors in Selecting Retirement Plan Investments Act Official Title as Introduced To amend the Employee Retirement Income Security Act of 1974 to permit retirement plans to consider certain factors in investment decisions. Introduced in House IH Short Title(s) as Introduced Financial Factors in Selecting Retirement Plan Investments Act Introduced in House IH Introduced in House 2021-05-20T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-117hr3387ih/xml/BILLS-117hr3387ih.xml 2021-05-20 Referred to the House Committee on Education and Labor. text/xml EN 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. Congressional Research Service, Library of Congress 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.