HR 1013

Summary

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.

Bill status

Status

Reported

Sponsor

Rep. Frank D. Lucas [R-OK-3]

Cosponsors

24

Policy area

Finance and Financial Sector

Introduced

2025-02-05

Latest action

2025-11-28: Placed on the Union Calendar, Calendar No. 340.

Committee referrals

• Financial Services Committee: House · Reported By · 2025-11-28
• Financial Services Committee: House · Markup By · 2025-05-20
• Financial Services Committee: House · Referred To · 2025-02-05

Recent actions

• 2025-11-28: Placed on the Union Calendar, Calendar No. 340.
• 2025-11-28: Reported (Amended) by the Committee on Financial Services. H. Rept. 119-390.
• 2025-11-28: Reported (Amended) by the Committee on Financial Services. H. Rept. 119-390.
• 2025-05-20: Ordered to be Reported (Amended) by the Yeas and Nays: 43 - 8.
• 2025-05-20: Committee Consideration and Mark-up Session Held