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Labor and WelfareS. 3086Not Yet VotedComments

Restoring Integrity in Fiduciary Duty Act

Official title: A bill to amend the Employee Retirement Income Security Act of 1974 to clarify the criteria by which a fiduciary may evaluate and select investments based on nonpecuniary factors, and to clarify the application of prudence and exclusive purpose duties to the exercise of shareholder rights.

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What Happened in Congress?

Pending

Not yet voted on the floor.

Where the Bill Stands

  1. Introduced, done
  2. Committee, current stage
  3. Floor Vote, not yet
  4. Outcome, not yet

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Timeline

  1. Library of CongressIntroduced in Senate
  2. SenateRead twice and referred to the Committee on Health, Education, Labor, and Pensions.
  3. Introduced
  4. Committee

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