H.R. 7113 · 117th Congress

Terminating Securities from Putin Act of 2022

Stage
In committee
Sponsor
Ted Budd
Introduced
2022-03-17
Latest action
2022-03-17 · Introduced in House

Summary

Terminating Securities from Putin Act of 2022 or the TSP Act of 2022

This bill limits the investments of funds under the Thrift Savings Plan (TSP). Specifically, it prohibits TSP funds, including funds that are accessible through the TSP mutual fund window, from investing in any entity that is based in Russia. The bill also prohibits funds that are accessible through the TSP mutual fund window from investing in any subsidiary of such an entity.