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New Investment Option for Federal Employees: Corporate Responsibility Fund.

This act introduces a new investment option for federal employees within the Thrift Savings Plan. It allows investments in companies that meet specific corporate responsibility criteria, such as environmental care, employee relations, and corporate governance. This enables citizens to support ethically operating companies with their retirement savings.
Key points
Adds a Corporate Responsibility Stock Index Fund to the investment options available to federal employees.
The fund will invest in companies evaluated on corporate governance, environmental practices, workplace relations, product safety, and human rights.
The fund's historical performance must be comparable to other available investment options.
article Official text account_balance Process page
Expired
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Additional Information
Print number: 117_HR_7852
Sponsor: Rep. Schiff, Adam B. [D-CA-28]
Process start date: 2022-05-19
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Federal Employees Sustainable Investment Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_HR_7852.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2022-05-19.

What are the main provisions?

Key points include:

  • Adds a Corporate Responsibility Stock Index Fund to the investment options available to federal employees.
  • The fund will invest in companies evaluated on corporate governance, environmental practices, workplace relations, product safety, and human rights.
  • The fund's historical performance must be comparable to other available investment options.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Schiff, Adam B. [D-CA-28].

What is the latest detailed status?

The latest detailed status is: Referred to the House Committee on Oversight and Reform.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-28.

CATEGORIES

Labor Economy Environment