[Congressional Bills 118th Congress]
[From the U.S. Government Publishing Office]
[S. 1891 Introduced in Senate (IS)]

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118th CONGRESS
  1st Session
                                S. 1891

      To amend title 5, United States Code, to prohibit qualified 
 professional asset managers from exercising voting rights associated 
      with the ownership of securities by the Thrift Savings Fund.


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

                              June 8, 2023

 Mr. Cruz (for himself and Mr. Schmitt) introduced the following bill; 
which was read twice and referred to the Committee on Homeland Security 
                        and Governmental Affairs

_______________________________________________________________________

                                 A BILL


 
      To amend title 5, United States Code, to prohibit qualified 
 professional asset managers from exercising voting rights associated 
      with the ownership of securities by the Thrift Savings Fund.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Stop TSP ESG Act''.

SEC. 2. PROHIBITION ON EXERCISING VOTING RIGHTS ASSOCIATED WITH THE 
              OWNERSHIP OF SECURITIES BY THE THRIFT SAVINGS FUND.

    Section 8438(f) of title 5, United States Code, is amended by 
inserting ``a qualified professional asset manager,'' after ``The 
Board,''.
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