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Retirement Fairness for Charities and Educational Institutions Act of 2025 (S-424) · Congress.wiki

Text Versions

Text as it was Introduced in Senate

February 5, 2025

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Senate Votes

Pending Committee

February 5, 2025

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

Presidential Signature

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United StatesSenate Bill 424S 424

Retirement Fairness for Charities and Educational Institutions Act of 2025

Finance and Financial Sector

senate
house
president

Introduced February 5, 2025 by Katie Boyd Britt · Last progress February 5, 2025

Sponsors (20)

AI Summary

Updates the text of federal securities laws so that more kinds of retirement investment vehicles—such as certain 403(b) custodial accounts, collective trust funds, and related separate accounts—are treated as not being “investment companies.” It does this by changing definitions and cross-references in the Investment Company Act of 1940 and related sections of the Securities Act of 1933 and the Securities Exchange Act of 1934. The change is technical and statutory only: it adjusts legal definitions and references and does not create new spending, dates, or dollar amounts.

Oklahomarepresentative·Frank D. Lucas

Finance and Financial Sector

Retirement Fairness for Charities and Educational Institutions Act of 2025

house

senate

president

24 cosponsors·Updated 3/8/2026·Last progress February 5, 2025