United States 119th Congress Status: In Committee Bipartisan · 11 R · 9 D cosponsors

S 424 — Retirement Fairness for Charities and Educational Institutions Act of 2025

Last action — Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

  1. ✓
    Introduced
  2. 2
    In Committee
  3. 3
    Passed Senate
  4. 4
    Passed House
  5. 5
    To Executive
  6. 6
    Enacted

This bill is in committee in the Senate. Introduced February 05, 2025. It must pass committee before a floor vote.

Next likely step: a committee vote, then a floor vote in the Senate.

Prognosis

Advancing 42% · moderate confidence

Where this bill stands today.

Odds of enactment

Low

How often bills like it became law.

  • In Committee

    Current position in the legislative process.

  • 20 sponsors

    1 primary, 19 co-sponsors signed on.

  • Bipartisan support

    Sponsored across 2 parties (11 R · 9 D) — cross-party backing.

Prognosis reads this bill's own signals — stage, sponsorship breadth, committee status, recorded votes and cross-state momentum. Odds come from a model trained on which bills have become law.

Summary

Retirement Fairness for Charities and Educational Institutions Act of 2025This bill allows 403(b) retirement plans (i.e., retirement plans designed for certain employees of public schools, charities, and churches) to invest in collective investment trusts, which are a group of pooled investment assets held by a bank or trust company, and in insurance company separate accounts.

Bill Text

Action History

  1. Introduced in Senate

  2. Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Sponsors

Sponsorship breakdown

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1 sponsors · 19 co-sponsors · 527 not signed on

Sponsors (1)

Co-sponsors (19)

Not signed on (527)

527 members have not signed on to this bill.

Show all 527 →

"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Subjects

finance education
Cross-referencing the record. Reading this bill against every other bill in the corpus by meaning, not keywords. Only the first open is slow. It’s instant for you after this. Matching · Ranking · Engrossing

Frequently asked questions

What does S 424 do?
Retirement Fairness for Charities and Educational Institutions Act of 2025This bill allows 403(b) retirement plans (i.e., retirement plans designed for certain employees of public schools, charities, and churches) to invest in collective investment trusts, which are a group of pooled investment assets held by a bank or trust company, and in insurance company separate accounts.
Who sponsors S 424?
S 424 is sponsored by Britt, Katie Boyd (Republican), Warnock, Raphael G. (Democratic), Cassidy, Bill (Republican), Peters, Gary C. (Democratic), Hagerty, Bill (Republican), Crapo, Mike (Republican), Rosen, Jacky (Democratic), Tillis, Thomas (Republican), Coons, Christopher A. (Democratic), Cramer, Kevin (Republican), Rounds, Mike (Republican), Kaine, Tim (Democratic), Gallego, Ruben (Democratic), Daines, Steve (Republican), Alsobrooks, Angela D. (Democratic), Ricketts, Pete (Republican), Kennedy, John (Republican), Van Hollen, Chris (Democratic), McCormick, David (Republican), and Hickenlooper, John W. (Democratic).
What is the current status of S 424?
This bill is in committee in the Senate. Introduced February 05, 2025. It must pass committee before a floor vote.
Where can I track S 424?
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Last checked for changes 3 months ago · updated continuously

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