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Bill · 119th Congress · HR 2958
Balance the Scales Act
Refreshed 4 h ago
Introduced 2025-04-17Topic: labor · governance ethicsSummary
AI-generated summary, report an errorThis bill changes federal law on employee retirement and benefit plans (ERISA). Before the Secretary of Labor gives help or information to an attorney for possible use in a private lawsuit over a benefit plan, the Secretary would have to sign a written agreement with that person describing the help. The Secretary would also have to give a copy of that agreement to any employer, plan sponsor, or plan manager that could be directly affected. The Secretary would have to send Congress a yearly report on these agreements, including logs of information shared, conversations, and meetings, while leaving out names of potential defendants. The bill also adds a statement to the law that it is federal policy to encourage employers to voluntarily set up and fund pension plans.
Sponsors
- Michael A. Rulli Republican sponsor
- 1 cosponsors
Action history
| Date | Chamber | Action | Status effect |
|---|---|---|---|
| 2026-02-20 | House | Placed on the Union Calendar, Calendar No. 430. | |
| 2026-02-20 | House | Reported (Amended) by the Committee on Education and Workforce. H. Rept. 119-504. | report |
| 2026-02-20 | Reported (Amended) by the Committee on Education and Workforce. H. Rept. 119-504. | report | |
| 2025-09-17 | House | Ordered to be Reported (Amended) by the Yeas and Nays: 19 - 16. | refer |
| 2025-09-17 | House | Committee Consideration and Mark-up Session Held | refer |
| 2025-04-17 | House | Referred to the House Committee on Education and Workforce. | refer |
| 2025-04-17 | Introduced in House | introduce | |
| 2025-04-17 | Introduced in House | introduce |