Protecting Prudent Investment of Retirement Savings Act

What this measure contains

Protecting Prudent Investment of Retirement Savings Act This bill modifies the requirements for fiduciaries of employer-sponsored retirement plans. First, the bill generally requires a plan fiduciary to make investment decisions based solely on pecuniary factors (i.e., factors that a fiduciary prudently determines are expected to have a material effect on the risk or return of an investment based on appropriate investment horizons consistent with the plan's policies and objectives). The bill allows nonpecuniary factors to be considered in certain situations, such as when selecting investment options for certain participant-directed retirement plans or if the fiduciary is unable to distinguish between investment alternatives on the basis of pecuniary factors alone. The bill also prohibits a plan fiduciary from discriminating when selecting, monitoring, and retaining any fiduciary, counsel, employee, or service provider of the plan. The bill requires a plan fiduciary to act solely and prudently in accordance with the interests of the plan's participants and beneficiaries when exercising a shareholder right (e.g., voting of proxies). However, the fiduciary duty to manage shareholder rights does not require the voting of every proxy or the exercise of every shareholder right. Finally, the bill requires a plan fiduciary to provide specified notices with respect to a pension plan that provides a participant or beneficiary the opportunity to select from designated investment alternatives.

The latest Congressional Research Service summary in the bill's GovInfo status record, or its official title when no summary has been published. Amendments can change the wording; read a specific version for its complete provisions.

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Bill text and versions

Drafts can change as a measure moves through Congress. Check the version attached to a recorded vote.

• Referred in Senate · Official document ↗· Jan 26, 2026
• Engrossed in House · Official document ↗· Jan 15, 2026
• Reported in House · Official document ↗· Dec 30, 2025
• Introduced in House · Official document ↗· Apr 24, 2025

Legislative path

Each stage below is a House or Senate floor decision: every recorded roll call on this measure, plus passage by voice vote or unanimous consent, which records no individual votes. Each stage shows the latest version published before that day; the chamber may have voted on an amended text. Roll calls name every member. A member's row follows their votes, and a highlighted vote marks where they voted for advancing the measure at one stage and against it at another (passage, cloture, motions to proceed, agreeing to the other chamber's version). Amendments and motions such as recommit or table don't count as a change, because an aye there isn't a vote for the measure.

1. Introduced in House
2. Reported in House
3. Engrossed in Houseby House passage
4. Referred in Senate

Decision stages

1. Jan 15, 2026 · House

   House amendment on Reported in House: Agreed to

   395 aye · 22 no · 14 not voting · Source roll call

2. Jan 15, 2026 · House

   House motion to recommit on Reported in House: Failed

   206 aye · 210 no · 15 not voting · Source roll call

3. Jan 15, 2026 · House

   House passage on Reported in House: Passed, reported as Engrossed in House

   213 aye · 205 no · 13 not voting · Source roll call

House members along the path

Aye yea or aye · No nay or no · Present · NV not voting · Changed reversed on advancing the measure

Members are identified by the Bioguide ID in each roll call, not by name. Not voting is not a no vote; a blank cell means the member wasn't listed for that roll call.Congress.gov actions ↗

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Legislative history

1. Apr 24, 2025

   Introduced in House

2. Apr 24, 2025

   Referred to the House Committee on Education and Workforce.

3. Jun 25, 2025

   Committee Consideration and Mark-up Session Held

4. Jun 25, 2025

   Ordered to be Reported (Amended) by the Yeas and Nays: 21 - 15.

5. Dec 30, 2025

   Reported (Amended) by the Committee on Education and Workforce. H. Rept. 119-421.

6. Dec 30, 2025

   Placed on the Union Calendar, Calendar No. 367.

7. Jan 12, 2026

   Rules Committee Resolution H. Res. 988 Reported to House. Rule provides for consideration of H.R. 2988, H.R. 2262, H.R. 2270, H.R. 2312 and H.R. 4366. The resolution provides for consideration of H.R. 2988 under a structured rule, and H.R. 2262, H.R. 2270, H.R. 2312, and H.R. 4366 under a closed rule. The rule provides for one hour of general debate and one motion to recommit on each bill.

8. Jan 15, 2026

   Considered under the provisions of rule H. Res. 988. (consideration: CR H897-907; text of amendment in the nature of a substitute: CR H897-899)

9. Jan 15, 2026

   Rule provides for consideration of H.R. 2988, H.R. 2262, H.R. 2270, H.R. 2312 and H.R. 4366. The resolution provides for consideration of H.R. 2988 under a structured rule, and H.R. 2262, H.R. 2270, H.R. 2312, and H.R. 4366 under a closed rule. The rule provides for one hour of general debate and one motion to recommit on each bill.

10. Jan 15, 2026

    DEBATE - The House proceeded with one hour of debate on H.R. 2988.

11. Jan 15, 2026

    DEBATE - Pursuant to the provisions of H. Res. 988, the House proceeded with 10 minutes of debate on the Huizenga amendment No. 1.

12. Jan 15, 2026

    The previous question was ordered on the amendment and the bill pursuant to the rule.

13. Jan 15, 2026

    Ms. Kaptur moved to recommit to the Committee on Education and Workforce. (text: CR H905)

14. Jan 15, 2026

    The previous question on the motion to recommit was ordered pursuant to clause 2(b) of rule XIX.

15. Jan 15, 2026

    On motion to recommit Failed by the Yeas and Nays: 206 - 210 (Roll no. 30).

16. Jan 15, 2026

    Passed/agreed to in House: On passage Passed by the Yeas and Nays: 213 - 205 (Roll no. 31).

17. Jan 15, 2026

    On passage Passed by the Yeas and Nays: 213 - 205 (Roll no. 31).

18. Jan 15, 2026

    Motion to reconsider laid on the table Agreed to without objection.

19. Jan 26, 2026

    Received in the Senate and Read twice and referred to the Committee on Health, Education, Labor, and Pensions.

Bill sponsors