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  <bill>
    <number>1650</number>
    <updateDate>2025-12-05T09:24:47Z</updateDate>
    <updateDateIncludingText>2025-12-05T09:24:47Z</updateDateIncludingText>
    <originChamber>Senate</originChamber>
    <originChamberCode>S</originChamberCode>
    <type>S</type>
    <introducedDate>2023-05-17</introducedDate>
    <congress>118</congress>
    <legislationUrl>https://www.congress.gov/bill/118th-congress/senate-bill/1650</legislationUrl>
    <committees>
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        <systemCode>ssga00</systemCode>
        <name>Homeland Security and Governmental Affairs Committee</name>
        <chamber>Senate</chamber>
        <type>Standing</type>
        <activities>
          <item>
            <name>Referred To</name>
            <date>2023-05-17T17:28:48Z</date>
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        </activities>
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    <relatedBills>
      <item>
        <title>TSP Act</title>
        <congress>118</congress>
        <number>3455</number>
        <type>HR</type>
        <latestAction>
          <actionDate>2023-05-17</actionDate>
          <text>Referred to the House Committee on Oversight and Accountability.</text>
        </latestAction>
        <relationshipDetails>
          <item>
            <type>Related bill</type>
            <identifiedBy>CRS</identifiedBy>
          </item>
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    <actions>
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        <actionDate>2023-05-17</actionDate>
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            <systemCode>ssga00</systemCode>
            <name>Homeland Security and Governmental Affairs Committee</name>
          </item>
        </committees>
        <sourceSystem>
          <name>Senate</name>
        </sourceSystem>
        <text>Read twice and referred to the Committee on Homeland Security and Governmental Affairs.</text>
        <type>IntroReferral</type>
      </item>
      <item>
        <actionDate>2023-05-17</actionDate>
        <text>Introduced in Senate</text>
        <type>IntroReferral</type>
        <actionCode>10000</actionCode>
        <sourceSystem>
          <code>9</code>
          <name>Library of Congress</name>
        </sourceSystem>
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    </actions>
    <sponsors>
      <item>
        <bioguideId>R000595</bioguideId>
        <fullName>Sen. Rubio, Marco [R-FL]</fullName>
        <firstName>Marco</firstName>
        <lastName>Rubio</lastName>
        <party>R</party>
        <state>FL</state>
        <isByRequest>N</isByRequest>
      </item>
    </sponsors>
    <cosponsors>
      <item>
        <bioguideId>S001181</bioguideId>
        <fullName>Sen. Shaheen, Jeanne [D-NH]</fullName>
        <firstName>Jeanne</firstName>
        <lastName>Shaheen</lastName>
        <party>D</party>
        <state>NH</state>
        <sponsorshipDate>2023-05-17</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>E000295</bioguideId>
        <fullName>Sen. Ernst, Joni [R-IA]</fullName>
        <firstName>Joni</firstName>
        <lastName>Ernst</lastName>
        <party>R</party>
        <state>IA</state>
        <sponsorshipDate>2023-05-17</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>H001089</bioguideId>
        <fullName>Sen. Hawley, Josh [R-MO]</fullName>
        <firstName>Josh</firstName>
        <lastName>Hawley</lastName>
        <party>R</party>
        <state>MO</state>
        <sponsorshipDate>2023-05-17</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>S001217</bioguideId>
        <fullName>Sen. Scott, Rick [R-FL]</fullName>
        <firstName>Rick</firstName>
        <lastName>Scott</lastName>
        <party>R</party>
        <state>FL</state>
        <sponsorshipDate>2023-05-17</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>S001198</bioguideId>
        <fullName>Sen. Sullivan, Dan [R-AK]</fullName>
        <firstName>Dan</firstName>
        <lastName>Sullivan</lastName>
        <party>R</party>
        <state>AK</state>
        <sponsorshipDate>2023-07-27</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
    </cosponsors>
    <policyArea>
      <name>Government Operations and Politics</name>
    </policyArea>
    <subjects>
      <legislativeSubjects/>
      <policyArea>
        <name>Government Operations and Politics</name>
        <updateDate>2023-06-12T15:15:20Z</updateDate>
      </policyArea>
    </subjects>
    <summaries>
      <summary>
        <versionCode>00</versionCode>
        <actionDate>2023-05-17</actionDate>
        <actionDesc>Introduced in Senate</actionDesc>
        <updateDate>2024-06-14T10:16:14Z</updateDate>
        <cdata>
          <text>&lt;p&gt;&lt;strong&gt;Taxpayers and Savers Protection Act of 2023 or the TSP Act of 2023&lt;/strong&gt;&lt;/p&gt;&lt;p&gt;This bill prohibits the Thrift Savings Fund from investing in any security that has certain connections to a country of concern. (A &lt;em&gt;country of concern&lt;/em&gt; is a country listed in the Annual Threat Assessment that the Office of the Director of National Intelligence provides to Congress. In the 2023 assessment, these countries included China, Russia, Iran, and North Korea.)&lt;/p&gt;&lt;p&gt;A covered security is one that is (1) listed on an exchange in a country of concern; (2) issued by an entity incorporated in or subject to the jurisdiction of such country; or (3) issued by an entity that generates more than 50% of its revenue&amp;nbsp;in a country of concern, consolidates the revenue under generally accepted accounting principles in the United States, and incorporates the revenue into the financial statement of a publicly listed company.&lt;/p&gt;&lt;!--tinycomments|2.1|data:application/json;base64,eyJtY2UtY29udmVyc2F0aW9uXzg3NDY0OTQ2MjE3MTgwMjQ1NTQ1NTYiOnsidWlkIjoibWNlLWNvbnZlcnNhdGlvbl84NzQ2NDk0NjIxNzE4MDI0NTU0NTU2IiwiY29tbWVudHMiOlt7InVpZCI6Im1jZS1jb252ZXJzYXRpb25fODc0NjQ5NDYyMTcxODAyNDU1NDU1NiIsImF1dGhvciI6ImNpc2VuYmVyZ0BsaWIubG9jLmdvdiIsImF1dGhvck5hbWUiOiJjaXNlbmJlcmdAbGliLmxvYy5nb3YiLCJjb250ZW50IjoiSSBhZGRlZCB0aGUgZXhhbXBsZXMgZnJvbSB0aGUgMjAyMyByZXBvcnQgYmVjYXVzZSBJIHRoaW5rIHRoYXQgcHJvdmlkZXMgc29tZSBhZGRpdGlvbmFsIGNvbnRleHQgd291bGQgaGVscCB0byBleHBsYWluIHRoZSBwcmltYXJ5IHB1cnBvc2Ugb2YgdGhlIGJpbGwuIGh0dHBzOi8vd3d3LmRuaS5nb3YvZmlsZXMvT0ROSS9kb2N1bWVudHMvYXNzZXNzbWVudHMvQVRBLTIwMjMtVW5jbGFzc2lmaWVkLVJlcG9ydC5wZGYiLCJjcmVhdGVkQXQiOiIyMDI0LTA2LTEwVDEzOjAyOjM0LjU1NloiLCJtb2RpZmllZEF0IjoiMjAyNC0wNi0xMFQxMzowMjozNC41NTZaIn1dfSwibWNlLWNvbnZlcnNhdGlvbl82ODEyNTk1MjMzMTcxODAyNDY3NDAyNyI6eyJ1aWQiOiJtY2UtY29udmVyc2F0aW9uXzY4MTI1OTUyMzMxNzE4MDI0Njc0MDI3IiwiY29tbWVudHMiOlt7InVpZCI6Im1jZS1jb252ZXJzYXRpb25fNjgxMjU5NTIzMzE3MTgwMjQ2NzQwMjciLCJhdXRob3IiOiJjaXNlbmJlcmdAbGliLmxvYy5nb3YiLCJhdXRob3JOYW1lIjoiY2lzZW5iZXJnQGxpYi5sb2MuZ292IiwiY29udGVudCI6IkkgdXNlZCAlIGluc3RlYWQgb2YgdGhlIHdvcmQgcGVyIENSUyBzdHlsZSIsImNyZWF0ZWRBdCI6IjIwMjQtMDYtMTBUMTM6MDQ6MzQuMDI3WiIsIm1vZGlmaWVkQXQiOiIyMDI0LTA2LTEwVDEzOjA0OjM0LjAyN1oifV19LCJtY2UtY29udmVyc2F0aW9uXzcxMzMxNzI5OTQxNzE4MDI0ODA3NTMzIjp7InVpZCI6Im1jZS1jb252ZXJzYXRpb25fNzEzMzE3Mjk5NDE3MTgwMjQ4MDc1MzMiLCJjb21tZW50cyI6W3sidWlkIjoibWNlLWNvbnZlcnNhdGlvbl83MTMzMTcyOTk0MTcxODAyNDgwNzUzMyIsImF1dGhvciI6ImNpc2VuYmVyZ0BsaWIubG9jLmdvdiIsImF1dGhvck5hbWUiOiJjaXNlbmJlcmdAbGliLmxvYy5nb3YiLCJjb250ZW50IjoiSSBhZGRlZCB0aGVzZSBhZGRpdGlvbmFsIHJlcXVpcmVtZW50cyBmcm9tIHRoZSBiaWxsIHRleHQgYmVjYXVzZSBJIHRoaW5rIHRoZXNlIGFyZSBhZGRpdGlvbmFsIHN1YnN0YW50aXZlIHByb3Zpc2lvbnMgdGhhdCBhcmUgdXNlZnVsIHRvIGluY2x1ZGUuICIsImNyZWF0ZWRBdCI6IjIwMjQtMDYtMTBUMTM6MDY6NDcuNTMzWiIsIm1vZGlmaWVkQXQiOiIyMDI0LTA2LTEwVDEzOjA2OjQ3LjUzM1oifV19LCJtY2UtY29udmVyc2F0aW9uXzg2NjQ0MTg0NzIxNzE4MzYwMTEyMzU4Ijp7InVpZCI6Im1jZS1jb252ZXJzYXRpb25fODY2NDQxODQ3MjE3MTgzNjAxMTIzNTgiLCJjb21tZW50cyI6W3sidWlkIjoibWNlLWNvbnZlcnNhdGlvbl84NjY0NDE4NDcyMTcxODM2MDExMjM1OCIsImF1dGhvciI6ImNpc2VuYmVyZ0BsaWIubG9jLmdvdiIsImF1dGhvck5hbWUiOiJjaXNlbmJlcmdAbGliLmxvYy5nb3YiLCJjb250ZW50IjoiSSByZXZpc2VkIHRoZSBzaG9ydCB0aXRsZSBiZWNhdXNlIHRoaXMgdmVyc2lvbiBvZiB0aGUgYmlsbCBhZGRlZCAyMDIzLiAiLCJjcmVhdGVkQXQiOiIyMDI0LTA2LTE0VDEwOjE1OjEyLjM1OFoiLCJtb2RpZmllZEF0IjoiMjAyNC0wNi0xNFQxMDoxNTo0Ny4zMTdaIn1dfX0=--&gt;</text>
        </cdata>
      </summary>
    </summaries>
    <title>TSP Act of 2023</title>
    <titles>
      <item>
        <titleType>Display Title</titleType>
        <titleTypeCode>45</titleTypeCode>
        <title>TSP Act of 2023</title>
        <updateDate>2024-07-24T15:22:00Z</updateDate>
      </item>
      <item>
        <titleType>Short Title(s) as Introduced</titleType>
        <titleTypeCode>101</titleTypeCode>
        <title>TSP Act of 2023</title>
        <updateDate>2024-05-24T13:39:39Z</updateDate>
        <billTextVersionName>Introduced in Senate</billTextVersionName>
        <billTextVersionCode>IS</billTextVersionCode>
      </item>
      <item>
        <titleType>Short Title(s) as Introduced</titleType>
        <titleTypeCode>101</titleTypeCode>
        <title>Taxpayers and Savers Protection Act of 2023</title>
        <updateDate>2024-05-24T13:39:39Z</updateDate>
        <billTextVersionName>Introduced in Senate</billTextVersionName>
        <billTextVersionCode>IS</billTextVersionCode>
      </item>
      <item>
        <titleType>Official Title as Introduced</titleType>
        <titleTypeCode>6</titleTypeCode>
        <title>A bill to amend title 5, United States Code, to provide that sums in the Thrift Savings Fund may not be invested in securities that are listed on certain foreign exchanges, and for other purposes.</title>
        <updateDate>2023-06-10T03:14:11Z</updateDate>
        <billTextVersionName>Introduced in Senate</billTextVersionName>
        <billTextVersionCode>IS</billTextVersionCode>
      </item>
    </titles>
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        <type>Introduced in Senate</type>
        <date>2023-05-17T04:00:00Z</date>
        <formats>
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            <url>https://www.govinfo.gov/content/pkg/BILLS-118s1650is/xml/BILLS-118s1650is.xml</url>
          </item>
        </formats>
      </item>
    </textVersions>
    <latestAction>
      <actionDate>2023-05-17</actionDate>
      <text>Read twice and referred to the Committee on Homeland Security and Governmental Affairs.</text>
    </latestAction>
  </bill>
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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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