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S 1232 112th Congress Senate

A bill to modify the definition of fiduciary under the Employee Retirement Income Security Act of 1974 to exclude appraisers of employee stock ownership plans.

Introduced: June 20, 2011 See on congress.gov
Labor and Employment Accounting and auditingEmployee benefits and pensionsSecurities
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This bill died when the 112th Congress ended
It never became law before the 112th Congress (2011–2012) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 20, 2011
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
Jun 20, 2011
Introduced in Senate
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 Latest action June 20, 2011

Read twice and referred to the Committee on Health, Education, Labor, and Pensions.

 Plain-English summary Congressional Research Service

Amends the Employee Retirement Income and Security Act of 1974 (ERISA) to exclude appraisers of employee stock ownership plans (ESOPs) from the the meaning of a fiduciary subject to ERISA.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 2
All 2 Republican 2
R
McConnell, Mitch
Kentucky · Jul 14, 2011
 R
Collins, Susan M.
Maine · Jun 20, 2011
Cite this page click to expand
APA
U.S. Congress. (2026). S. 1232: A bill to modify the definition of fiduciary under the Employee Retirement Income Security Act of 1974 to exclude appraisers of employee stock ownership plans.. 112th Congress. Open America. https://openamerica.io/bill/112-S-1232/
MLA
"S. 1232: A bill to modify the definition of fiduciary under the Employee Retirement Income Security Act of 1974 to exclude appraisers of employee stock ownership plans.." 112th Congress, 2026, Open America, https://openamerica.io/bill/112-S-1232/.
Bluebook (legal)
S. 1232, 112th Cong. (2026), https://openamerica.io/bill/112-S-1232/.
Markdown link
[S. 1232: A bill to modify the definition of fiduciary under the Employee Retirement Income Security Act of 1974 to exclude appraisers of employee stock ownership plans.](https://openamerica.io/bill/112-S-1232/)
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