,i  #aag? ,,congress  #b;d ,session  ,h4
 ,r4 #ghif  ,,9 ,,! ,,h\se ,,(          
,,repres5tatives  ,may #bg1 #bjbb,mr4   
,roy 7= himself1 ,mr4 ,good ( ,virg9ia1 
,mr4 ,johnson ( ,ohio1 ,mr4 ,cl\d1 ,mr4 
,gohm]t1 ,mr4 ,budd1 ,mrs4 ,mill] (     
,ill9ois1 & ,mr4 ,posey7 introduc$ !    
foll[+ bill2 :i* 0 ref]r$ to !          
,committee on ,ov]sight & ,re=m  ,a     
,,bill  ,to prohibit inve/m5ts "u !     
,?rift ,sav+s ,plan 9 c]ta9 mutual funds
 t make inve/m5t decisions bas$ prim>ily
 on environm5tal1 social1 or gov]nance  
crit]ia4  #a4 ,%ort title ,?is ,act may 
be cit$ z ! ,no ,,esg at ,,tsp ,act4    
#b4 ,prohibition on c]ta9 mutual funds  
"u ! ,?rift ,sav+s ,plan  7a7 ,9 g5]al  
,section #hdch7;b77#e7 ( title #e1      
,unit$ ,/ates ,code1 is am5d$ by add+ at
 ! end ! foll[+ new subp>agraphs3  7,e7 
,! ,bo>d may n (f] ?r\gh ! mutual fund  
w9d[ any mutual fund1 ex*ange trad$ fund
 7z def9$ 9 section #bgj4f;c-#aa ( title
 #ag1 ,code ( ,f$]al ,regulations71 or  
o!r inve/m5t vehicle t inve/s 9 bonds or

 equities t is inve/$ bas$ on any "o or 
m ( ! foll[+ crit]ia to ! ext5t t su*   
crit]ia are unrelat$ to maximiz+ monet>y
 returns = inve/ors3 7i7 ,environm5tal  
crit]ia1 includ+-- 7,i7 emissions1      
climate *ange1 su/a9ability1            
environm5tal ju/ice1 pollution1 or      
cons]vation2 or  7,,ii7 :e!r a company  
is engag$ 9 ! exploration1 production1  
utilization1 transportation1 sale1 or   
manufactur+ ( fossil fuel-bas$ en]gy4   
7ii7 ,social crit]ia1 includ+-- 7,i7    
div]sity crit]ia1 includ+-- 7aa7 ! race1
 e?nicity1 g5d] id5tity1 sexual         
ori5tation1 or socioeconomic /atus ( !  
own]s1 bo>d memb]s1 employees1 or       
cu/om]s ( companies2 or  7bb7 :e!r su*  
bo>d memb]s1 employees1 or cu/om]s are  
memb]s ( a labor organization 7z su* t]m
 is def9$ 9 section #b ( ! ,national    
,labor ,relations ,act 7#bi ,u4,s4,c4   
#aeb772 or  7,,ii7 :e!r a company is    
engag$ 9 ! manufacture1 transportation1 
or sale ( fire>ms1 fire>ms accessories1 
or ammunition4  7iii7 ,political        

crit]ia1 includ+ ! p]ceiv$ or actual    
political affiliations1 donations1 or   
associations ( companies4  7iv7 ,crit]ia
 = corporate gov]nance /&>ds t diff] f !
 applicable /&>ds requir$ "u ,/ate &    
,f$]al law z 9 effect on ! date ( !     
enactm5t ( ?is subp>agraph4  7,f7 ,!    
,bo>d may n (f] ?r\gh ! mutual fund w9d[
 any mutual fund1 ex*ange trad$ fund 7z 
def9$ 9 section #bgj4f;c-#aa ( title    
#ag1 ,code ( ,f$]al ,regulations71 or   
o!r inve/m5t vehicle t is m>ket$ z be+  
inve/$ bas$ on environm5tal1 social1 or 
gov]nance crit]ia1 commonly kn[n z ,,esg
 crit]ia4  4  7b7 ,exi/+ inve/m5ts 9    
imp]missible mutual funds  7#a7 ,9 g5]al
 ,an employee or ,memb] 7or =m] employee
 or ,memb]7 may elect to h any cov]$    
sums cr$it$ to ! acc\nt ( su* individual
 9 ! ,?rift ,sav+s ,fund re9ve/$ 9      
accordance ) section #hdch ( title #e1  
,unit$ ,/ates ,code1 z am5d$ by ?is     
,act4  7#b7 ,notice ,n lat] ?an #cj days
 aft] ! date ( ! enactm5t ( ?is ,act1 ! 
,bo>d %all notify ea* employee or ,memb]

 7or =m] employee or ,memb]7 t may make 
an election "u p>agraph 7#a7 ( ! option 
to make su* election4  7#c7 ,m&atory    
re9ve/m5t ,n lat] ?an ! date t is #cj   
days aft] ! date on :i* notice is       
provid$ "u p>agraph 7#b7 to an employee 
or ,memb] 7or =m] employee or ,memb]71 !
 ,bo>d %all re9ve/1 9 accordance )      
section #hdch ( title #e1 ,unit$ ,/ates 
,code1 z am5d$ by ?is ,act1 any cov]$   
sums cr$it$ to ! acc\nt ( su* individual
 9 ! ,?rift ,sav+s ,fund ) respect to   
:i* su* individual has n made an        
election "u p>agraph 7#a74  7#d7        
,def9itions ,9 ?is subsection3 7,a7     
,bo>d2 employee2 ,memb] ,! t]ms ,bo>d1  
employee1 & ,memb] h ! mean+s giv5 su*  
t]ms 9 section #hdja ( title #e1 ,unit$ 
,/ates ,code4  7,b7 ,cov]$ sums ,! t]m  
cov]$ sum means any sums ( ! ,?rift     
,sav+s ,fund t1 on ! date ( ! enactm5t (
 ?is ,act1 are inve/$ 9 a mutual        
describ$ 9 section #hdch7;b77#e77;,e7 ( 
title #e1 ,unit$ ,/ates ,code4  7,c7    
,?rift ,sav+s ,fund ,! t]m ,?rift ,sav+s

 ,fund means ! fund e/abli%$ "u section 
#hdcg ( title #e1 ,unit$ ,/ates ,code4