H.R.5877: American Pension Investments Modernization Act of 2014

About This Bill

  • Introduced Dec. 11, 2014
  • Latest Major Action Dec. 11, 2014

Bill Summary

American Pension Investments Modernization Act of 2014 - Amends the Employee Retirement Income Security Act of 1974 (ERISA) to require the fiduciary of an employee benefit plan to establish policies for appointment of an investment manager or managers to manage any plan assets or business enterprise or enterprises for brokerage and investment banking services. Requires the fiduciary, under these policies, to consider: the concentration level...

(Source: Library of Congress)

Bill Actions

Date Description
Dec. 11, 2014
Referred to House Education and the Workforce
Dec. 11, 2014
Referred to House Oversight and Government Reform
Dec. 11, 2014

Introduced in the House by Gregory W. Meeks (D-N.Y.)

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