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- S.4097
S.4097: Too Narrow to Succeed Act
About This Bill
- Introduced April 27, 2022
- Latest Major Action April 27, 2022
Bill Sponsor
Bill Cosponsors
4 (All Democrats)
Bill Version
- Introduced in Senate - April 27, 2022
Bill Summary
Too Narrow to Succeed Act This bill requires federal institutional investors to report on their use of diverse-owned asset management firms. Additionally, the Department of Labor must conduct a survey of public- and private-sector pension plans regarding best practices for increasing the utilization and capacity of diverse-owned asset management firms.
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
| April 27, 2022 |
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
|
| April 27, 2022 |
Introduced in the Senate by Tim Kaine (D-Va.) |