Retirement Fairness for Charities and Educational Institutions Act of 2025

Sponsored bySen. Britt, Katie Boyd [R-AL]AL· Introduced 5 février 2025

Open on Congress.gov

Cosponsors

Actions

Amendments

Committees

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Since introduced

Introduced

Committee

Passed Chamber

Passed Both

Enacted

Step 1 of 0

Latest action

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

5 février 2025·1 year ago

Summary

Introduced in Senate · Updated 19 août 2025

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.

Timeline

2 actions

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
5 février 2025 · IntroReferral
Introduced in Senate
5 février 2025 · IntroReferral

Sponsorship

20 cosponsors

Sponsor

Sen. Britt, Katie Boyd [R-AL]AL

Cosponsors

Democrat945%
Republican1155%

Republican:Sen. Scott, Tim [R-SC]SC
Republican:Sen. McCormick, David [R-PA]PA
Democrat:Sen. Hickenlooper, John W. [D-CO]CO
Republican:Sen. Kennedy, John [R-LA]LA
Democrat:Sen. Van Hollen, Chris [D-MD]MD
Republican:Sen. Ricketts, Pete [R-NE]NE
Democrat:Sen. Alsobrooks, Angela D. [D-MD]MD
Republican:Sen. Daines, Steve [R-MT]MT
Democrat:Sen. Gallego, Ruben [D-AZ]AZ
Democrat:Sen. Kaine, Tim [D-VA]VA
Democrat:Sen. Coons, Christopher A. [D-DE]DE
Republican:Sen. Rounds, Mike [R-SD]SD
Republican:Sen. Cramer, Kevin [R-ND]ND
Republican:Sen. Tillis, Thomas [R-NC]NC
Democrat:Sen. Rosen, Jacky [D-NV]NV
Republican:Sen. Hagerty, Bill [R-TN]TN
Republican:Sen. Crapo, Mike [R-ID]ID
Democrat:Sen. Warnock, Raphael G. [D-GA]GA
Democrat:Sen. Peters, Gary C. [D-MI]MI
Republican:Sen. Cassidy, Bill [R-LA]LA

Classification

Policy area

Finance and Financial Sector

Legislative subjects

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

Committees

Banking, Housing, and Urban Affairs Committee
Senate · Standing
- Referred To5 Feb 2025
- Referred To5 Feb 2025

Cosponsor momentum

Cumulative over time

Track Retirement Fairness for Charities and Educational Institutions Act of 2025 as it moves through Congress