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New Investment Option for Federal Employees: Socially Responsible Investing.

This act introduces a new investment option within the Thrift Savings Plan for federal employees, allowing them to invest in funds that consider corporate social responsibility. This enables citizens to align their savings with values such as environmental protection and human rights, influencing how their money is used.
Key points
Federal employees gain the option to invest in funds promoting social and environmental responsibility.
Funds will be selected based on criteria like corporate governance, environmental impact, employee relations, and human rights.
The new investment option aims to provide comparable financial performance to other available funds.
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Expired
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Additional Information
Print number: 118_HR_1261
Sponsor: Rep. Schiff, Adam B. [D-CA-30]
Process start date: 2023-02-28
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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 118_HR_1261.

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 2023-02-28.

What are the main provisions?

Key points include:

  • Federal employees gain the option to invest in funds promoting social and environmental responsibility.
  • Funds will be selected based on criteria like corporate governance, environmental impact, employee relations, and human rights.
  • The new investment option aims to provide comparable financial performance to other available funds.
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-30].

What is the latest detailed status?

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

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-24.

CATEGORIES

Labor Economy Environment