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S.273: A bill to modify the definition of fiduciary under the Employee Retirement Income Security Act of 1974 to exclude appraisers of employee stock ownership plans.

About this Bill

You can read the bill
Sponsor Kelly Ayotte, R-N.H.
Total Cosponsors 8 (2 Democrats, 6 Republicans)
Introduced Feb. 11, 2013
Latest Major Action Feb. 11, 2013
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Bill Progress

  • Bill introduced in the Senate   
  • Bill passed in the Senate   
  • Bill passed in the House   
  • Bill signed into law

Bill Summary

Amends the Employee Retirement Income and Security Act of 1974 (ERISA) to exclude appraisers of employee stock ownership plans (ESOPs) from the meaning of a fiduciary subject to ERISA.

(Source: Congressional Research Service)

Bill Actions

Date Description
Feb. 11, 2013 Read twice and referred to the Committee on Health, Education, Labor, and Pensions.