[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[S. 3263 Introduced in Senate (IS)]

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119th CONGRESS
  1st Session
                                S. 3263

      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.


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                   IN THE SENATE OF THE UNITED STATES

                           November 20, 2025

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

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                                 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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