Lisa McClain (R-MI)

EBSA Investigations Transparency Act

H.R. 2869 · House bill Labor and Employment

A Republican bill with 3 Republican cosponsors · See all 3 cosponsors

Last activity — Placed on the Union Calendar, Calendar No. 418.

Cleared committee, waiting for its first floor vote

A committee approved it and it is on the calendar of the chamber it started in.

This is further than most bills get, and still no promise of a vote: the calendar is a queue, and the majority leadership decides what is called. A bill can sit here until the Congress ends.

Its path through Congress

  1. Introduced
  2. On Calendar

What this bill would do

This bill is called the "Employee Benefit Security Administration Investigations Transparency Act" or the "EBSA Investigations Transparency Act." It changes the Employee Retirement Income Security Act of 1974 to require the Secretary to give Congress a report every year by December 31. This report must cover the status of cases in enforcement status, including active investigations and targeted compliance monitoring from the previous fiscal year. The report must include the office that opened the investigation, the opening date, and the date documents were first requested. It also asks if investigations were finished within 36 months of the document request and requires explanations and estimated end dates for those that were not.

Yes· 3 of 6

  • Scored +7

    Does this make what the government does easier for the public to see?

    The bill mandates the EBSA to submit an annual report to Congress, increasing transparency in its investigations, thus improving government transparency.

  • Scored +6

    Would people over 65 be better off under this?

    Increased transparency in EBSA investigations could lead to better protection of retirement and pension funds for seniors, who are often beneficiaries of these plans.

  • Scored +6

    Would retired people be better off under this?

    Retirees are direct beneficiaries of protected retirement funds, hence increased investigation transparency benefits them.

The opposite

No question was scored the opposite.