Retirement Savings Modernization Act
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.
Bill status
in committee
1 of 4 stages cleared
Introduction
Sep 2022
Committee Review
Floor Vote
President
Introduced Sep 28, 2022
Last action Sep 28, 2022
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
2
Key actions
0
Committee
1
Sep 28, 2022
Committee
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
upper
Sep 28, 2022
Introduced
Introduced in Senate
upper
1 primary · 2 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Patrick J. Toomey
RRepublican
Co
Cynthia M. Lummis
RRepublican
Co
Tim Scott
RRepublican
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