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S 424In committeeFinancesenate
Retirement Fairness for Charities and Educational Institutions Act of 2025
Introduced Feb 5, 2025 by Sen. Katie Boyd Britt
IntroducedCommitteeFloorCongressLaw
It's waiting on a committee vote to reach the full chamber. Most bills never leave this stage.
Latest action · Feb 5, 2025
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
What it does
Retirement Fairness for Charities and Educational Institutions Act of 2025
This bill allows 403(b) retirement plans (i.e., retirement plans designed for certain employees of public schools, charities, and churches) to invest in collective investment trusts, which are a group of pooled investment assets held by a bank or trust company, and in insurance company separate accounts.
Summary by the Congressional Research Service.
Roll-call votes
No floor votes yet — it hasn't reached the floor of either chamber.