A bill to amend title 5, United States Code, to provide for an investment option under the Thrift Savings Plan that does not include investment in any fossil fuel companies.
USA115th CongressS-3424| Senate
| Updated: 9/6/2018
Jeff Merkley
Democratic Senator
Oregon
Cosponsors (1)
Homeland Security and Governmental Affairs Committee
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Retirement Investments for a Sustainable Economy Act of 2018 or the RISE Act of 2018 This bill establishes a new fund—the Climate Choice Stock Index Fund—as an investment option under the Thrift Savings Plan. The Climate Choice Stock Index Fund must be invested in a portfolio that is designed to replicate the performance of a commonly recognized index comprised of common stock and to ensure that no investment in the portfolio is an investment in a fossil fuel entity.
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Timeline
Introduced in Senate
Read twice and referred to the Committee on Homeland Security and Governmental Affairs.
Government Operations and Politics
Air qualityClimate change and greenhouse gasesCoalCongressional oversightEmployee benefits and pensionsFinancial services and investmentsGovernment employee pay, benefits, personnel managementGovernment studies and investigationsGovernment trust fundsOil and gasSecurities
A bill to amend title 5, United States Code, to provide for an investment option under the Thrift Savings Plan that does not include investment in any fossil fuel companies.
USA115th CongressS-3424| Senate
| Updated: 9/6/2018
Retirement Investments for a Sustainable Economy Act of 2018 or the RISE Act of 2018 This bill establishes a new fund—the Climate Choice Stock Index Fund—as an investment option under the Thrift Savings Plan. The Climate Choice Stock Index Fund must be invested in a portfolio that is designed to replicate the performance of a commonly recognized index comprised of common stock and to ensure that no investment in the portfolio is an investment in a fossil fuel entity.
View Full TextSuggested Questions
Get AI-generated questions to help you understand this bill better
Timeline
Introduced in Senate
Read twice and referred to the Committee on Homeland Security and Governmental Affairs.
Jeff Merkley
Democratic Senator
Oregon
Cosponsors (1)
Homeland Security and Governmental Affairs Committee
Government Operations and Politics
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Air qualityClimate change and greenhouse gasesCoalCongressional oversightEmployee benefits and pensionsFinancial services and investmentsGovernment employee pay, benefits, personnel managementGovernment studies and investigationsGovernment trust fundsOil and gasSecurities