Senate bill · S. 424 (119th Congress)
Retirement Fairness for Charities and Educational Institutions Act of 2025
U.S. Senate
Sponsor: Katie Boyd Britt (U.S. Senator for Alabama, Republican)
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From Congress.gov and official rosters. This record was last updated Aug 1, 2026. About our data
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.
Summary from the Congressional Research Service. How we handle summaries
Where it stands
Assigned to a committee for review.
- Introduced
- In committee
- Up for a vote
- Passed one chamber
- Passed
- Enacted
Committee
Senate Committee on Banking, Housing, and Urban Affairs · U.S. Senate
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Cosponsors
20
Cosponsors listed on Congress.gov, shown A to Z.
- Republican11
- Democratic9
This bill has cosponsors from more than one party.
Shown in neutral colors by design; Agora is non-partisan.
- Angela D. Alsobrooks
- Bill Cassidy
- Bill Hagerty
- Chris Van Hollen
- Christopher A. Coons
- David McCormick
- Gary C. Peters
- Jacky Rosen
- John Kennedy
- John W. Hickenlooper
- Kevin Cramer
- Mike Crapo
Show the full list (20 names)Show fewer cosponsors
Related bills
As identified by Congress.gov.
Full history
- Feb 5, 2025
Introduced
Introduced in U.S. Senate
U.S. Senate
- Feb 5, 2025
Referred to committee
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- Feb 5, 2025
Referred to committee
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- Feb 5, 2025
Referred to committee
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Read the record
- Read on Congress.gov (opens in a new tab) The official record on Congress.gov.