H.R.2226: To amend title I of the Employee Retirement Income Security Act of 1974 to clarify treatment of investment managers under such title.

About This Bill

  • This bill was introduced in the 105th Congress
  • This bill is primarily about law
  • Introduced July 23, 1997
  • Latest Major Action July 23, 1997

Bill Cosponsors

2 (1 Democrat, 2 Republicans)

Bill Summary

Amends the Employee Retirement Income Security Act of 1974 (ERISA) to provide that investment managers under ERISA shall include fiduciaries registered solely under State law only if Federal registration is prohibited under the Investment Advisors Act of 1940. Treats a fiduciary as meeting certain ERISA filing requirements if the information is available to the Secretary of Labor from a centralized electronic or other record-keeping database.

(Source: Library of Congress)

Bill Actions

Date Description
Sponsor introductory remarks on measure.
Referred to the House Committee on Education and the Workforce.
July 23, 1997

Introduced in the House by Harris W. Fawell (R-Ill.)

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