3.0.0 7113 2022-12-29T22:03:50Z 2022-12-29T22:03:50Z House HR 2022-03-17 117 [Congressional Record Volume 168, Number 48 (Thursday, March 17, 2022)][House]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. BUDD:H.R. 7113.Congress has the power to enact this legislation pursuantto the following:The constitutional authority of Congress to enact thislegislation is provided by Article I, section 8 of the UnitedStates Constitution, specifically clause 18 relating to thepower to make all laws necessary and proper for carrying outthe powers vested in Congress.[Page H3827]]]> hsgo00 Oversight and Accountability Committee House Standing Referred to 2022-03-17T14:04:50Z 2022-03-17 Referred to the House Committee on Oversight and Reform. IntroReferral H11100 2 House floor actions hsgo00 Oversight and Accountability Committee 2022-03-17 Introduced in House IntroReferral Intro-H 9 Library of Congress 2022-03-17 Introduced in House IntroReferral 1000 9 Library of Congress B001305 Rep. Budd, Ted [R-NC-13] Ted Budd R NC 13 N Government Operations and Politics Corporate finance and management Employee benefits and pensions Europe Financial services and investments Foreign and international corporations Government employee pay, benefits, personnel management Russia Securities U.S. and foreign investments Government Operations and Politics 00 2022-03-17 Introduced in House 2022-10-26T18:49:06Z Terminating Securities from Putin Act of 2022 or the TSP Act of 2022

This bill limits the investments of funds under the Thrift Savings Plan (TSP). Specifically, it prohibits TSP funds, including funds that are accessible through the TSP mutual fund window, from investing in any entity that is based in Russia. The bill also prohibits funds that are accessible through the TSP mutual fund window from investing in any subsidiary of such an entity.

]]> TSP Act of 2022 Display Title TSP Act of 2022 Short Title(s) as Introduced TSP Act of 2022 Introduced in House IH Short Title(s) as Introduced Terminating Securities from Putin Act of 2022 Introduced in House IH Official Title as Introduced To amend title 5, United States Code, to prohibit sums in the Thrift Savings Fund from being invested in any security of an entity based in the Russian Federation, and for other purposes. Introduced in House IH Introduced in House 2022-03-17T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-117hr7113ih/xml/BILLS-117hr7113ih.xml 2022-03-17 Referred to the House Committee on Oversight and Reform. 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.