S 4097
117th Congress
Senate
Finance and Financial Sector
Too Narrow to Succeed Act
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 27, 2022
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
Apr 27, 2022
Introduced in Senate
Plain-English summary
Too Narrow to Succeed Act
This bill requires federal institutional investors to report on their use of diverse-owned asset management firms. Additionally, the Department of Labor must conduct a survey of public- and private-sector pension plans regarding best practices for increasing the utilization and capacity of diverse-owned asset management firms.
What's happening now
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
Committees of jurisdiction
1