,i  #aag? ,,congress  #a/ ,session  ,h4 
,r4 #cchg  ,,9 ,,! ,,h\se ,,(           
,,repres5tatives  ,may #bj1 #bjba,ms4   
,del,bene introduc$ ! foll[+ bill2 :i* 0
 ref]r$ to ! ,committee on ,education & 
,labor  ,a ,,bill  ,to am5d ! ,employee 
,retirem5t ,income ,security ,act (     
#aigd to p]mit retirem5t plans to       
consid] c]ta9 factors 9 inve/m5t        
decisions4  #a4 ,%ort title ,?is ,act   
may be cit$ z ! ,f9ancial ,factors 9    
,select+ ,retirem5t ,plan ,inve/m5ts    
,act4  #b4 ,,erisa am5dm5ts  7a7 ,9     
g5]al ,subsection 7a7 ( section #djd ( !
 ,employee ,retirem5t ,income ,security 
,act ( #aigd 7#bi ,u4,s4,c4 #aajd7 is   
am5d$ by add+ at ! end ! foll[+ new     
p>agraph3  7#c7 7,a7 ,provid$ t a       
fiduci>y dis*>ges ! fiduci>y's duties ) 
respect to a plan 9 a mann] o!rwise     
consi/5t ) ?is subsection1 a fiduci>y   
may-- 7i7 consid] environm5tal1 social1 
gov]nance1 or simil> factors1 9         
connection ) c>ry+ out an inve/m5t      
decision1 /rategy1 or objective1 or o!r 

fiduci>y act2 &  7ii7 consid] collat]al 
environm5tal1 social1 gov]nance1 or     
simil> factors z tie-break]s :5 compet+ 
inve/m5ts c reasonably be expect$ to    
s]ve ! plan's economic int]e/s equally  
well ) respect to expect$ return & risk 
ov] ! appropriate "t horizon4  7,b7 ,9 a
 case describ$ 9 clause 7i7 or 7ii7 (   
subp>agraph 7,a71 a fiduci>y %all n be  
requir$ to ma9ta9 any great]            
docum5tation1 sub/antiation1 or o!r     
ju/ification ( ! fiduci>y's actions     
relat+ to su* fiduci>y act ?an is       
o!rwise requir$ "u ?is "p4  7,c7 ,no?+ 9
 ?is "p %all preclude an inve/m5t       
select$ 9 accordance ) clause 7i7 or    
7ii7 ( subp>agraph 7,a7 f be+ treat$ z a
 default inve/m5t or a compon5t ( su* a 
default inve/m5t 7z describ$ 9          
regulations issu$ by ! ,secret>y "u     
subsection 7c77#e77;,a771 if su*        
inve/m5t w\ld o!rwise qualify = su*     
treatm5t "u su* regulations4  4  7b7    
,effect on regulations ,! rule entitl$  
,f9ancial ,factors 9 ,select+ ,plan     

,inve/m5ts1 publi%$ by ! ,employee      
,b5efits ,security ,adm9i/ration ( !    
,dep>tm5t ( ,labor on ,novemb] #ac1     
#bjbj 7#he ,f$4 ,reg4 #gbhdf71 %all     
cease to h =ce or effect on ! date (    
enactm5t ( ?is ,act4