TSP Fiduciary Security Act of 2025

Hozzl · 2025-04-23T02:53:20Z

Explore the details of Senate Bill 1368 TSP Fiduciary Security Act of 2025 currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on undefined. Stay informed on legislative developments.

4/23/2025, 2:53 AM

Summary of Bill S 1368

The TSP Fiduciary Security Act of 2025 was introduced in the 119th Congress on April 9, 2025. The bill, designated as S.1368, aims to enhance security measures related to the Thrift Savings Plan (TSP). Specific provisions and directives outlined in the bill include requirements to strengthen fiduciary responsibilities and safeguard the investments within the TSP. Further details and the full text of the bill can be accessed via the official PDF version at [https://www.congress.gov/119/bills/s1368/BILLS-119s1368is.pdf](https://www.congress.gov/119/bills/s1368/BILLS-119s1368is.pdf).

Congressional Summary of S 1368

TSP Fiduciary Security Act of 2025

This bill incorporates national security interests into management of the Thrift Savings Fund.

Specifically, the bill requires fiduciaries that are responsible for managing the fund (i.e., the Federal Retirement Thrift Investment Board) to prevent fund investments and associated votes that harm the national security of the United States, including investments in entities on certain lists maintained by the Department of Defense and the Department of Commerce (e.g., Chinese military companies). The Department of Labor must issue implementing regulations that include these and other standards for compliance.

Beginning January 1, 2027, fiduciaries may be held personally liable for monetary damages and may be assessed civil penalties for failing to meet these requirements.

The bill also prohibits mutual funds that are accessible through an authorized mutual fund window from investing in any entity that is based in China or any subsidiary of such an entity.

Read the Full Bill

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Current Status of Bill S 1368

Bill S 1368 is currently in the status of Bill Introduced since April 9, 2025. Bill S 1368 was introduced during Congress 119 and was introduced to the Senate on April 9, 2025. Bill S 1368's most recent activity was Read twice and referred to the Committee on Homeland Security and Governmental Affairs. as of April 9, 2025

Bipartisan Support of Bill S 1368

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Policy Area and Potential Impact of Bill S 1368

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Alternate Title(s) of Bill S 1368

TSP Fiduciary Security Act of 2025

A bill to amend title 5, United States Code, to address the responsibilities of fiduciaries with respect to the Thrift Savings Fund, and for other purposes.