CONGRESS FOR VOTERS

Frank Lucas (R-OK)

Retirement Fairness for Charities and Educational Institutions Act of 2025

H.R. 1013 · House bill Finance and Financial Sector

A Republican bill with 19 Democratic cosponsors · See all 24 cosponsors

Last activity — Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

In the other chamber's committee

Passed one chamber and has been handed to a committee in the other.

The committee decides whether it goes any further, and most bills that reach a committee never leave it. A committee that simply does nothing kills a bill without anyone ever voting against it, so no news from here is usually the news.

Its path through Congress

  1. Introduced
  2. Passed House 295–128
  3. In Senate committee

What this bill would do

This bill is known as the Retirement Fairness for Charities and Educational Institutions Act of 2025. It amends Federal securities laws to enhance 403(b) retirement plans. The changes affect laws such as the Investment Company Act of 1940, the Securities Act of 1933, and the Securities Exchange Act of 1934. The text sets specific conditions regarding how these plans interact with collective trust funds and other investment options. It passed the House of Representatives on November 11, 2026.

Yes· 3 of 4

  • Scored +5

    Does this give people more protection from unfair business practices?

    The bill enhances consumer protection by establishing fiduciary responsibilities for employers managing 403(b) investment options.

  • Scored +4

    Would people over 65 be better off under this?

    The bill enhances 403(b) retirement plans, which provides more security for individuals planning for retirement.

  • Scored +4

    Would retired people be better off under this?

    The bill strengthens 403(b) retirement plans through increased fiduciary duties and investment oversight.

The opposite

No question was scored the opposite.

What Congress actually voted on

One recorded vote has been taken on this bill.

  • The House: the vote on whether to pass the bill This is the real decision in this chamber. Passing here sends the bill to the other chamber, which must pass it too before it can go to the President. Passed 295 yes · 128 no

    See who voted how →

    11/11/2026 · Roll call 321 · recorded as “On Passage”