HR3612-118

Introduced

To amend title 5, United States Code, to prohibit investments under the Thrift Savings Plan in certain mutual funds that make investment decisions based primarily on environmental, social, or governance criteria, and for other purposes.

118th Congress Introduced May 23, 2023

Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.

Summary

What This Bill Does

This bill, To amend title 5, United States Code, to prohibit investments under the Thrift Savings Plan in certain mutual funds that make investment decisions based primarily on environmental, social, or governance criteria, and for other purposes., changes federal law or congressional policy affecting environmental regulators and natural-resource users. The main policy domain is Environment, Energy, Finance.

Who Benefits and How

environmental regulators and natural-resource users may benefit from new authority, funding, eligibility, regulatory clarity, or reduced risk created by the bill.

Who Bears the Burden and How

federal implementing agencies, environmental regulators and natural-resource users may take on implementation duties, reporting obligations, compliance costs, or oversight responsibilities.

Key Provisions

  • Section H9F002A490EBC443CB7B27D501E635945: 1. Short title This Act may be cited as the No ESG at TSP Act.
  • Section H1D623A9A07144F03825D831DDE913133: 2. Prohibition on certain mutual funds under the Thrift Savings Plan In this section: The terms Board and Executive Director have the meanings given those...

Evidence Chain:

This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.

At a Glance

What This Bill Does

This bill, To amend title 5, United States Code, to prohibit investments under the Thrift Savings Plan in certain mutual funds that make investment decisions based primarily on environmental, social, or governance criteria, and for other purposes., changes federal law or congressional policy affecting environmental regulators and natural-resource users.

Key Policy Areas

Environment, Energy, Finance

Primary Purpose

This bill, To amend title 5, United States Code, to prohibit investments under the Thrift Savings Plan in certain mutual funds that make investment decisions based primarily on environmental, social, or governance criteria, and for other purposes., changes federal law or congressional policy affecting environmental regulators and natural-resource users.

Policy Domains

Environment Energy Finance

Whole bill

Identified Gains
  • environmental regulators and natural-resource users
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: ih
environmental regulators and natural-resource users:
Identified Costs
  • federal implementing agencies
  • environmental regulators and natural-resource users
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: ih
federal implementing agencies:
environmental regulators and natural-resource users:

Legislative Progress

Introduced
Introduced Committee Passed
May 23, 2023

Mr. Roy (for himself, Mr. Bishop of North Carolina, Mr. …

Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →

Bill Structure & Actor Mappings

Who is "The Secretary" in each section?

Domains
Environment Energy Finance
Actor Mappings
"federal_implementing_agencies"
→ Federal agencies assigned duties by the bill

Key Definitions

Terms defined in this bill

1 term
"ESG criteria" §H1D623A9A07144F03825D831DDE913133

any of the following criteria: Environmental criteria, including— emissions, climate change, sustainability, environmental justice, pollution, or conservation

We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.

Learn more about our methodology