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H.R. 3406

BillFederalHouseIn Committee
To amend title 5, United States Code, to prohibit qualified professional asset managers from exercising voting rights associated with the ownership of securities by the Thrift Savings Fund.
About This Bill
Committee
Latest Action · May 17, 2023
Referred to the House Committee on Oversight and Accountability.
Congress
118th (2023–2025)
Introduced
May 17, 2023
Cosponsors (17)
0D 17R
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Summary

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Stop TSP ESG Act This bill prohibits a qualified professional asset manager from exercising voting rights associated with the ownership of securities by the Thrift Savings Fund. Under current law, the term qualified professional asset manager includes certain banks, savings and loan associations, insurance companies, and investment advisers.

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