S. 1460 · 116th Congress
Retirement Investments for a Sustainable Economy Act of 2019
- Stage
- In committee
- Sponsor
- Jeff Merkley
- Introduced
- 2019-05-14
- Latest action
- 2019-05-14 · Introduced in Senate
Summary
Retirement Investments for a Sustainable Economy Act of 2019 or the RISE Act of 2019
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.