OFFICIAL LEGAL TITLE
Protecting Americans’ Retirement Savings Act
FREQUENTLY ASKED QUESTIONS
What is the official ID of this bill?
The official print number for this legislation is 118_HR_4008.
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 2023-06-12.
What are the main provisions?
Key points include:
- Retirement funds will be prohibited from investing in entities from adversary or sanctioned countries.
- Existing investments in such entities must be disclosed, and new ones are forbidden.
- The act seeks to enhance the security and stability of your retirement savings.
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. Banks, Jim [R-IN-3].
What is the latest detailed status?
The latest detailed status is: Referred to the House Committee on Education and the Workforce.
Is this summary verified?
Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-25.