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H.R. 1013 House Finance and Financial Sector

Retirement Fairness for Charities and Educational Institutions Act of 2025

Introduced
Feb 5, 2025
Sponsor
Rep. Lucas, Frank D. (R-OK-3)
View on Congress.gov (opens in a new tab)

STAGE 3 OF 8 — CALENDARS AND SCHEDULING

Currently in the House. Last action: placed on the union calendar, calendar no. 340 on Nov 28, 2025.

  1. House Introduced in House Feb 5, 2025
  2. House Referred to the House Committee on Financial Services. Feb 5, 2025
  3. House Committee Consideration and Mark-up Session Held May 20, 2025
  4. House Ordered to be Reported (Amended) by the Yeas and Nays: 43 - 8. May 20, 2025
  5. House Reported (Amended) by the Committee on Financial Services. H. Rept. 119-390. Nov 28, 2025
  6. House Placed on the Union Calendar, Calendar No. 340. Nov 28, 2025

Cosponsors

24

Subjects

Employee benefits and pensionsFinancial services and investmentsGovernment employee pay, benefits, personnel managementReligionSocial work, volunteer service, charitable organizations

Committees

  • Financial Services Committee
    • [Reported By, Nov 28, 2025]
    • [Markup By, May 20, 2025]
    • [Referred To, Feb 5, 2025]

Summary

Retirement Fairness for Charities and Educational Institutions Act of 2025This 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 as of: Introduced in House]

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