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HR1996Referred to Committee

Retirement Proxy Protection Act

Share:
Introduced
In Committee
3
Passed One Chamber
4
Passed Both
5
Signed into Law
119th
Congress
2025-03-10
Introduced
2
Cosponsors
HR
ⓘ
Type

Sponsor

Erin Houchin
Erin Houchin
Republican · IN · Representative
Votes with party: 98.7% (543 recorded votes)

Full profile: /officials/H001093

Source: Congress.gov · FEC

Cosponsors (2)

Members who have signed on to support this bill since introduction. Source: Congress.gov.

  • Burgess Owens (R-UT-4)Original· 2025-03-10
  • Glenn Grothman (R-WI-6)Original· 2025-03-10

Latest Action

The most recent step in the bill's legislative path. Committee Activity below shows referrals and reports; the full action-by-action history including floor proceedings lives at Congress.gov →

Referred to the House Committee on Education and Workforce.

2025-03-10

Source: Congress.gov

Committee Activity

Currently in

  • House Committee on Education and WorkforceReferred To · 2025-03-10

Previously

  • Education and Workforce CommitteeReferred To · 2025-03-10

Plain-English Summary

The proposal would prevent companies from using proxy voting systems to influence how workers' retirement savings are invested, protecting employees' ability to make independent investment decisions with their pension and 401(k) funds. It affects workers with retirement accounts, employers who manage retirement plans, and investment firms that handle proxy voting on behalf of these accounts. The bill aims to ensure that workers—not their employers or financial institutions—have control over how their retirement money votes on corporate matters.

AI-assisted summary generated from the official bill metadata (title, subjects, actions) sourced from Congress.gov. Cached and reviewed. Always verify against the official text linked below.

Subjects

Labor and Employment
Full bill text is not yet cached locally.
Open text viewRead on Congress.gov

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