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No ESG at TSP Act

3/13/2024, 12:11 PM

Congressional Summary of S 5000

No ESG at TSP Act

This bill prohibits investments under the Thrift Savings Plan in mutual funds that are based on environmental criteria (e.g., emissions standards), social criteria (e.g., company diversity), political criteria (e.g., political affiliations), or corporate governance criteria that differ from the standards that currently apply under law.

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Current Status of Bill S 5000

Bill S 5000 is currently in the status of Bill Introduced since September 28, 2022. Bill S 5000 was introduced during Congress 117 and was introduced to the Senate on September 28, 2022.  Bill S 5000's most recent activity was Read twice and referred to the Committee on Homeland Security and Governmental Affairs. as of September 28, 2022

Bipartisan Support of Bill S 5000

Total Number of Sponsors
1
Democrat Sponsors
0
Republican Sponsors
1
Unaffiliated Sponsors
0
Total Number of Cosponsors
0
Democrat Cosponsors
0
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill S 5000

Primary Policy Focus

Government Operations and Politics

Alternate Title(s) of Bill S 5000

No ESG at TSP Act
No ESG at TSP Act
A bill to amend title 5, United States Code, to prohibit investments under the Thrift Savings Plan in certain mutual funds that make investment decisions based primarily on environmental, social, or governance criteria, and for other purposes.

Comments

Sponsors and Cosponsors of S 5000

Mike Lee
Mike Lee
UtahRepublican

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