Summary: S.3424 — 115th Congress (2017-2018)All Information (Except Text)

There is one summary for S.3424. Bill summaries are authored by CRS.

Shown Here:
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.