S.3424 - RISE Act of 2018115th Congress (2017-2018)
|Sponsor:||Sen. Merkley, Jeff [D-OR] (Introduced 09/06/2018)|
|Committees:||Senate - Homeland Security and Governmental Affairs|
|Latest Action:||Senate - 09/06/2018 Read twice and referred to the Committee on Homeland Security and Governmental Affairs. (All Actions)|
This bill has the status Introduced
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Summary: S.3424 — 115th Congress (2017-2018)All Information (Except Text)
Introduced in Senate (09/06/2018)
Retirement Investments for a Sustainable Economy Act of 2018 or the RISE Act of 2018
This bill establishes a new fund—the Climate Choice Stock Index Fund—as an investment option under the Thrift Savings Plan.
The Climate Choice Stock Index Fund must be invested in a portfolio that is designed to replicate the performance of a commonly recognized index comprised of common stock and to ensure that no investment in the portfolio is an investment in a fossil fuel entity.