3.0.0
7151
2023-08-29T16:30:29Z
2023-08-29T16:30:29Z
House
HR
2022-03-18
117
[Congressional Record Volume 168, Number 49 (Friday, March 18, 2022)][House]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. BARR:H.R. 7151.Congress has the power to enact this legislation pursuantto the following:Article 1, Section 8 of the United States Constitution.[Page H3854]
- hsba00
Financial Services Committee
House
Standing
  - Referred to
2022-03-18T13:04:35Z
- hsed00
Education and the Workforce Committee
House
Standing
  - Referred to
2022-03-18T13:04:30Z
- 2022-03-18
Referred to the Committee on Education and Labor, and in addition to the Committee on Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
IntroReferral
H11100
2
House floor actions
  - hsba00
Financial Services Committee
- 2022-03-18
Referred to the Committee on Education and Labor, and in addition to the Committee on Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
IntroReferral
H11100
2
House floor actions
  - hsed00
Education and the Workforce Committee
- 2022-03-18
Introduced in House
IntroReferral
Intro-H
9
Library of Congress
- 2022-03-18
Introduced in House
IntroReferral
1000
9
Library of Congress
- B001282
Rep. Barr, Andy [R-KY-6]
Andy
Barr
R
KY
6
N
- A000372
Rep. Allen, Rick W. [R-GA-12]
Rick
Allen
R
GA
W.
12
2022-03-18
True
- S001196
Rep. Stefanik, Elise M. [R-NY-21]
Elise
Stefanik
R
NY
M.
21
2022-03-31
False
- M001215
Rep. Miller-Meeks, Mariannette [R-IA-2]
Mariannette
Miller-Meeks
R
IA
2
2022-04-14
False
- G000590
Rep. Green, Mark E. [R-TN-7]
Mark
Green
R
TN
E.
7
2022-06-14
False
- G000577
Rep. Graves, Garret [R-LA-6]
Garret
Graves
R
LA
6
2022-06-15
False
- B001299
Rep. Banks, Jim [R-IN-3]
Jim
Banks
R
IN
3
2022-06-23
False
- H001067
Rep. Hudson, Richard [R-NC-8]
Richard
Hudson
R
NC
8
2022-06-23
False
- C001126
Rep. Carey, Mike [R-OH-15]
Mike
Carey
R
OH
15
2022-06-23
False
- W000814
Rep. Weber, Randy K., Sr. [R-TX-14]
Randy
Weber
R
TX
K.
14
2022-06-23
False
- C001108
Rep. Comer, James [R-KY-1]
James
Comer
R
KY
1
2022-07-15
False
- W000816
Rep. Williams, Roger [R-TX-25]
Roger
Williams
R
TX
25
2022-07-15
False
- P000048
Rep. Pfluger, August [R-TX-11]
August
Pfluger
R
TX
11
2022-07-15
False
- B001291
Rep. Babin, Brian [R-TX-36]
Brian
Babin
R
TX
36
2022-07-15
False
- M001195
Rep. Mooney, Alexander X. [R-WV-2]
Alexander
Mooney
R
WV
X.
2
2022-07-15
False
- F000469
Rep. Fulcher, Russ [R-ID-1]
Russ
Fulcher
R
ID
1
2022-07-26
False
- H001058
Rep. Huizenga, Bill [R-MI-2]
Bill
Huizenga
R
MI
2
2022-08-12
False
- R000612
Rep. Rose, John W. [R-TN-6]
John
Rose
R
TN
W.
6
2022-08-12
False
- D000032
Rep. Donalds, Byron [R-FL-19]
Byron
Donalds
R
FL
19
2022-09-15
False
- G000589
Rep. Gooden, Lance [R-TX-5]
Lance
Gooden
R
TX
5
2022-09-15
False
- J000295
Rep. Joyce, David P. [R-OH-14]
David
Joyce
R
OH
P.
14
2022-09-15
False
- W000812
Rep. Wagner, Ann [R-MO-2]
Ann
Wagner
R
MO
2
2022-09-15
False
- O000086
Rep. Owens, Burgess [R-UT-4]
Burgess
Owens
R
UT
4
2022-09-15
False
- M001204
Rep. Meuser, Daniel [R-PA-9]
Daniel
Meuser
R
PA
9
2022-09-30
False
- W000815
Rep. Wenstrup, Brad R. [R-OH-2]
Brad
Wenstrup
R
OH
R.
2
2022-11-14
False
- R000610
Rep. Reschenthaler, Guy [R-PA-14]
Guy
Reschenthaler
R
PA
14
2022-11-18
False
Labor and Employment
Labor and Employment
00
2022-03-18
Introduced in House
2023-08-29T16:29:57Z
Ensuring Sound Guidance Act
This bill generally requires investment advisors and fiduciaries of employer-sponsored retirement plans to make investment decisions based only on pecuniary factors (i.e., factors that a fiduciary prudently determines are expected to have a material effect on the risk and return of an investment based on appropriate investment horizons consistent with the plan's policies and objectives).
The bill allows nonpecuniary factors to be considered in certain situations, such as when a customer specifically requests that these factors be considered or when selecting investment options for certain participant-directed retirement plans.

Ensuring Sound Guidance Act
- Display Title

Ensuring Sound Guidance Act
- Short Title(s) as Introduced

Ensuring Sound Guidance Act
Introduced in House
IH
- Official Title as Introduced

To amend the Investment Advisers Act of 1940 and the Employment Retirement Income Security Act of 1974 to specify that only pecuniary factors are to be taken into account in determining best interest, and for other purposes.
Introduced in House
IH
- Introduced in House
2022-03-18T04:00:00Z
  - https://www.govinfo.gov/content/pkg/BILLS-117hr7151ih/xml/BILLS-117hr7151ih.xml
2022-03-18
Referred to the Committee on Education and Labor, and in addition to the Committee on Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
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
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