HR 4237 · 118th Congress 2023–2025, ended

Ensuring Sound Guidance Act

Latest action · Jun 21, 2023 Referred to the Committee on Financial Services, and in addition to the Committee on Education and the Workforce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

Progress

Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.

  1. IntroducedJun 21, 2023
  2. Passed HouseNot reached
  3. Passed SenateNot reached
  4. To the PresidentNot reached
  5. Became lawNot reached

Cosponsors 17

Members who signed on, in the order they did. Signatures ran from Jun 21, 2023 to Sep 27, 2023; 2 are original cosponsors, there from the day it was introduced.

SeatCosponsorSigned on
R-MIBill HuizengaOriginalJun 21, 2023
R-GARick W. AllenOriginalJun 21, 2023
R-FLAaron BeanJul 12, 2023
R-TXBeth Van DuyneJul 12, 2023
R-FLCarlos A. GimenezJul 12, 2023
R-WVCarol D. MillerJul 12, 2023
R-NYClaudia TenneyJul 12, 2023
R-NCDavid RouzerJul 12, 2023
R-CADoug LaMalfaJul 12, 2023
R-INJames R. BairdJul 12, 2023
R-OHMike CareyJul 12, 2023
R-TXMonica De La CruzJul 12, 2023
R-WIScott FitzgeraldJul 12, 2023
R-WIThomas P. TiffanyJul 12, 2023
R-INVictoria SpartzJul 12, 2023
R-OHWarren DavidsonJul 12, 2023
R-WIGlenn GrothmanSep 27, 2023

Committees 2

Where it was sent and what each committee and subcommittee did with it, in order.

ChamberCommitteeWhat it did
HouseFinancial Services Committee
Referred Jun 21, 2023
HouseEducation and Workforce Committee
Referred Jun 21, 2023

Actions 2

Everything that happened, newest first.

  1. Jun 21, 2023Introduced in House
  2. Jun 21, 2023Referred to the Committee on Financial Services, and in addition to the Committee on Education and the Workforce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

Research

What has been written about this bill: committee reports, cost estimates, the sponsor’s authority statement, printed hearings and the Congressional Research Service’s work.

Constitutional authority

Congress has the power to enact this legislation pursuant to the following: Article 1, Section 8 of the United States Constitution. The single subject of this legislation is: To amend the Investment Advisers Act of 1940 and the Employee Retirement Income Security Act of 1974 to specify requirements concerning the consideration of pecuniary and non-pecuniary factors.

The sponsor’s statement, as printed in the Congressional Record, vol. 169, no. 108, June 21, 2023, page H3072.

Related bills 2

Companion bills and other measures the record links to this one.

BillTitleRelationshipLatest action
S 2282Ensuring Sound Guidance ActRelated billJul 12, 2023
HR 5339Protecting Americans’ Investments from Woke Policies ActRelated billSep 19, 2024

Titles 2

Every title it has carried, official and short, at each stage.

Official Title as Introduced
To amend the Investment Advisers Act of 1940 and the Employee Retirement Income Security Act of 1974 to specify requirements concerning the consideration of pecuniary and non-pecuniary factors.
Short Title(s) as Introduced
Ensuring Sound Guidance Act

Subjects

Assigned by the Library of Congress. Policy area: Labor and Employment.

Text 1

Each version as it was printed, newest first.

  1. Jun 21, 2023Introduced in House

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Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov; cost estimates are the Congressional Budget Office's, and the hearings are the printed hearings GovInfo publishes, which can appear months after the hearing.