HR 8660
116th Congress
House
Labor and Employment
Administrative law and regulatory procedures
Congressional oversight
Department of Labor
Employee benefits and pensions
Financial services and investments
To direct the Secretary of Labor to modify regulations to allow the use of performance benchmarks in the case of designated investment alternatives, and for other purposes.
Introduced: October 23, 2020
Introduced by:
Evans, Dwight
Democratic
· Pennsylvania
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Oct 23, 2020
Referred to the House Committee on Education and Labor.
Oct 23, 2020
Introduced in House
Plain-English summary
This bill permits administrators of employee health or retirement plans to use a blend of different broad-based stock indices (e.g., the Dow Jones Industrial Average) to meet the performance benchmarking requirements for designated investment alternatives if certain conditions are met.
What's happening now
Referred to the House Committee on Education and Labor.
Committees of jurisdiction
1