S 4973
117th Congress
Senate
Labor and Employment
Retirement Savings Modernization Act
Introduced: September 28, 2022
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Sep 28, 2022
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
Sep 28, 2022
Introduced in Senate
Plain-English summary
Retirement Savings Modernization Act
This bill specifies that fiduciaries for employee-sponsored retirement plans are permitted to diversify a plan's investments across certain asset classes, such as digital assets, hedge funds, private equity, and venture capital.
What's happening now
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
Committees of jurisdiction
1