H.R. 4140 · 108th Congress
Federal Employees Responsible Investment Act
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Never voted on. It didn't reach a floor vote before the 108th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
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LangevinSponsor16 cosponsors · 13 D, 3 R
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Davis
PK
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Kennedy
DK
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Kucinich
JL
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Larson
RM
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Matsui
CM
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McCarthy
BM
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McCollum
BN
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Ney
BP
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Pascrell
CS
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Shays
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Schakowsky
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Simmons
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Tierney
CV
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Van Hollen
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Holt
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Udall14 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
Federal Employees Responsible Investment Act - Provides for the establishment of a Corporate Responsibility Stock Index Fund as an investment option under the Thrift Savings Plan (TSP).
What it does: CRS summary · Introduced in House · Apr 2, 2004
Federal Employees Responsible Investment Act - Provides for the establishment of a Corporate Responsibility Stock Index Fund as an investment option under the Thrift Savings Plan (TSP).
Directs the Federal Retirement Thrift Investment Board to select an index which is a commonly recognized, passively managed index comprised of domestic stocks based on criteria which may include corporate governance, environmental practices, workplace relations and benefits, product safety and impact, international operations and human rights, involvement with repressive regimes, and community relations. Requires that the index's financial track record be comparable to that of the other options available under TSP.
Directs that the Fund be invested in a portfolio which shall be designed such that the percentage of the Fund that is invested in each stock is the same as the percentage determined by dividing the aggregate market value of all shares of that stock by the aggregate market value of all shares of all stocks included in such index.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Federal Employees Responsible Investment Act
Latest action (Apr 2, 2004): Referred to the House Committee on Government Reform.
Policy area: Government Operations and Politics · Origin: House · Introduced: Apr 2, 2004
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.