To amend the Employee Retirement Income Security Act of 1974 to permit retirement plans to consider certain factors in investment decisions.
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
The bill provides ERISA amendments Subsection (a) of section 404 of the Employee Retirement Income Security Act of 1974 (29 U.S.C. It relies on appropriations, compliance mandates, and delegation of rulemaking. The main policy areas are Environmental Groups and Environment.
Who Benefits and How
Public beneficiaries or protected communities affected by the clause could face reduced risk.
Who Bears the Burden and How
Federal, state, or local agencies responsible for implementing the clause would take on compliance duties and Environmental and public health interests affected by the bill would take on compliance duties.
Key Provisions
- Provides ERISA amendments Subsection (a) of section 404 of the Employee Retirement Income Security Act of 1974 (29 U.S.C.
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
The bill provides ERISA amendments Subsection (a) of section 404 of the Employee Retirement Income Security Act of 1974 (29 U.S.C.
Key Policy Areas
Environmental Groups, Environment
Primary Purpose
The bill provides ERISA amendments Subsection (a) of section 404 of the Employee Retirement Income Security Act of 1974 (29 U.S.C.
Policy Domains
Whole bill
Identified Gains
- Public beneficiaries or protected communities affected by the clause
Identified Costs
- Federal, state, or local agencies responsible for implementing the clause
- Environmental and public health interests affected by the bill
Sponsors
Legislative Progress
IntroducedMs. Smith (for herself, Mrs. Murray, Mrs. Feinstein, Mr. Blumenthal, …
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?
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.
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