Balance the Scales Act
Latest action · Feb 20, 2026 Placed on the Union Calendar, Calendar No. 430.
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.
- IntroducedApr 17, 2025
- Passed HouseNot reached
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Cosponsors 1
Members who signed on, in the order they did. All signed on Feb 20, 2026.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| R-MI | Lisa C. McClain | Feb 20, 2026 |
Committees 1
Where it was sent and what each committee and subcommittee did with it, in order.
| Chamber | Committee | What it did |
|---|---|---|
| House | Education and Workforce Committee | Referred Apr 17, 2025Markup Sep 17, 2025Reported Feb 20, 2026 |
Actions 6
Everything that happened, newest first.
- Feb 20, 2026Reported (Amended) by the Committee on Education and Workforce. H. Rept. 119-504.
- Feb 20, 2026Placed on the Union Calendar, Calendar No. 430.
- Sep 17, 2025Committee Consideration and Mark-up Session Held
- Sep 17, 2025Ordered to be Reported (Amended) by the Yeas and Nays: 19 - 16.
- Apr 17, 2025Introduced in House
- Apr 17, 2025Referred to the House Committee on Education and Workforce.
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.
Committee report
Congressional Budget Office cost estimate
- Jan 14, 2026H.R. 2958, Balance the Scales ActAs ordered reported by the House Committee on Education and Workforce on September 17, 2025
Constitutional authority
The sponsor’s statement, as printed in the Congressional Record, vol. 171, no. 67, April 17, 2025, page H1613.
Printed hearings 1
Hearings whose printed record names this bill, newest first: hearings on it, and wider hearings where it came up.
| Number | Hearing | Committee | Held |
|---|---|---|---|
| Serial No. 119-24 | RESTORING TRUST: ENHANCING TRANSPARENCY AND OVERSIGHT AT EBSA101 pages | Education and Workforce Committee | Jul 22, 2025 |
Related bills 1
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| S 4360 | INSIGHT Act | Related bill | Apr 21, 2026 |
Titles 3
Every title it has carried, official and short, at each stage.
- Official Title as Introduced
- To amend the Employee Retirement Income Security Act of 1974 to require that the Employee Benefit Security Administration submit an annual report to Congress on adverse interest agreements, and for other purposes.
- Short Title(s) as Introduced
- Balance the Scales Act
- Short Title(s) as Reported to House
- Balance the Scales Act
Subjects
Assigned by the Library of Congress. Policy area: Labor and Employment.
Text 2
Each version as it was printed, newest first.
- Feb 20, 2026Reported in House
- Apr 17, 2025Introduced in House
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.
