RISE Act of 2020
Retirement Investments for a Sustainable Economy Act of 2020 or the RISE Act of 2020
This bill establishes a new fund—the Climate Choice Stock Index Fund—as an investment option under the Thrift Savings Plan.
The Climate Choice Stock Index Fund must be invested in a portfolio that is designed to replicate the performance of a commonly recognized index comprised of common stock and to ensure that no investment in the portfolio is an investment in a fossil fuel entity.
Referred to the Committee on Oversight and Reform, and in addition to the Committees on Energy and Commerce, and Education and Labor, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.