```

[Congressional Bills 118th Congress]
[From the U.S. Government Publishing Office]
[H.R. 5338 Reported in House (RH)]

<DOC>

                                                 Union Calendar No. 185
118th CONGRESS
  1st Session
                                H. R. 5338

                          [Report No. 118-226]

    To amend the Employee Retirement Income Security Act of 1974 to 
  establish that fiduciaries must act with prudence and loyalty when 
             selecting service providers for pension plans.

_______________________________________________________________________

                    IN THE HOUSE OF REPRESENTATIVES

                           September 5, 2023

Mr. Good of Virginia introduced the following bill; which was referred 
            to the Committee on Education and the Workforce

                           September 26, 2023

  Reported with an amendment, committed to the Committee of the Whole 
       House on the State of the Union, and ordered to be printed
 [Strike out all after the enacting clause and insert the part printed 
                               in italic]
    [For text of introduced bill, see copy of bill as introduced on 
                           September 5, 2023]

_______________________________________________________________________

                                 A BILL

 
    To amend the Employee Retirement Income Security Act of 1974 to 
  establish that fiduciaries must act with prudence and loyalty when 
             selecting service providers for pension plans.

 

    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 ``No Discrimination in My Benefits 
Act''.

SEC. 2. SERVICE PROVIDER SELECTION.

    Section 404(a)(1) of the Employee Retirement Income Security Act of 
1974 (29 U.S.C. 1104(a)(1)) is amended--
            (1) in subparagraph (C), by striking ``and'';
            (2) in subparagraph (D), by striking the period at the end 
        and inserting ``; and''; and
            (3) by adding at the end the following new subparagraph:
            ``(E) by selecting, monitoring, and retaining any 
        fiduciary, counsel, employee, or service provider of the plan--
                    ``(i) in accordance with subparagraphs (A) and (B); 
                and
                    ``(ii) without regard to race, color, religion, 
                sex, or national origin.''.
                                                 Union Calendar No. 185

118th CONGRESS

  1st Session

                               H. R. 5338

                          [Report No. 118-226]

_______________________________________________________________________

                                 A BILL

    To amend the Employee Retirement Income Security Act of 1974 to 
  establish that fiduciaries must act with prudence and loyalty when 
             selecting service providers for pension plans.

_______________________________________________________________________

                           September 26, 2023

  Reported with an amendment, committed to the Committee of the Whole 
       House on the State of the Union, and ordered to be printed
```