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H.R. 4008 118th Congress House

Protecting Americans’ Retirement Savings Act

Official title: To amend the Employment Retirement Income Security Act of 1974 to prohibit plan investments in foreign adversary and sanctioned entities, require disclosure of… Show full official titleShow less

Official title: To amend the Employment Retirement Income Security Act of 1974 to prohibit plan investments in foreign adversary and sanctioned entities, require disclosure of existing investments in such entities, and for other purposes.

Introduced: June 12, 2023 Introduced by: Jim Banks Republican · Indiana See on congress.gov
Labor and Employment Administrative law and regulatory proceduresAsiaBank accounts, deposits, capitalChina
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Department of LaborEmployee benefits and pensionsFinancial services and investmentsSanctionsU.S. and foreign investments
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This bill died when the 118th Congress ended
It never became law before the 118th Congress (2023–2024) 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 12, 2023
Referred to the House Committee on Education and the Workforce.
Jun 12, 2023
Introduced in House
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 Latest action June 12, 2023

Referred to the House Committee on Education and the Workforce.

 Related & companion bills 1
  • HR 7476 Countering Communist China Act
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 3
All 3 Republican 2
Gallagher, Mike
· Jun 12, 2023
 R
Moolenaar, John R.
Michigan · Jun 12, 2023
 R
Wittman, Robert J.
Virginia · Jun 12, 2023
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 4008: Protecting Americans’ Retirement Savings Act. 118th Congress. Open America. https://openamerica.io/bill/118-HR-4008/
MLA
"H.R. 4008: Protecting Americans’ Retirement Savings Act." 118th Congress, 2026, Open America, https://openamerica.io/bill/118-HR-4008/.
Bluebook (legal)
H.R. 4008, 118th Cong. (2026), https://openamerica.io/bill/118-HR-4008/.
Markdown link
[H.R. 4008: Protecting Americans’ Retirement Savings Act](https://openamerica.io/bill/118-HR-4008/)
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