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Stop TSP ESG Act

12/19/2025, 7:58 AM

Summary of Bill S 3263

The Stop TSP ESG Act, introduced in the 119th Congress as S. 3263 on November 20, 2025, aims to address issues related to the Thrift Savings Plan (TSP) Environmental, Social, and Governance (ESG) investments. The bill, detailed in the official PDF available at https://www.congress.gov/119/bills/s3263/BILLS-119s3263is.pdf, likely contains provisions that restrict or regulate the inclusion of ESG factors in the TSP investment decisions. Further details on specific directives or actions proposed can be found in the bill text itself.

Congressional Summary of S 3263

Stop TSP ESG Act

This bill prohibits a qualified professional asset manager from exercising voting rights associated with the ownership of securities by the Thrift Savings Fund. Under current law, the term qualified professional asset manager includes certain banks, savings and loan associations, insurance companies, and investment advisers.

Current Status of Bill S 3263

Bill S 3263 is currently in the status of Bill Introduced since November 20, 2025. Bill S 3263 was introduced during Congress 119 and was introduced to the Senate on November 20, 2025.  Bill S 3263's most recent activity was Read twice and referred to the Committee on Homeland Security and Governmental Affairs. as of November 20, 2025

Bipartisan Support of Bill S 3263

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 3263

Primary Policy Focus

Alternate Title(s) of Bill S 3263

A bill to amend title 5, United States Code, to prohibit qualified professional asset managers from exercising voting rights associated with the ownership of securities by the Thrift Savings Fund.
A bill to amend title 5, United States Code, to prohibit qualified professional asset managers from exercising voting rights associated with the ownership of securities by the Thrift Savings Fund.

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