HR 2988119th CongressPassed SenateHouse

Protecting Prudent Investment of Retirement Savings Act

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Origin Chamber

House

Last Updated

Jul 13, 2026

Latest Action Date

Jan 26, 2026

Primary Sponsor

Sponsor

Sponsor information has not been imported yet.

Sponsor Committees

Related committee information is not available for this bill yet.

Legislative Timeline

Passed Senate

2025-04-24Referred to Committee

Referred to the House Committee on Education and Workforce.

2025-04-24Introduced

Introduced in House

2025-06-25Reported

Ordered to be Reported (Amended) by the Yeas and Nays: 21 - 15.

2025-06-25Committee

Committee Consideration and Mark-up Session Held

2025-12-30Calendars

Placed on the Union Calendar, Calendar No. 367.

2025-12-30Reported

Reported (Amended) by the Committee on Education and Workforce. H. Rept. 119-421.

2026-01-12Reported

Rules Committee Resolution H. Res. 988 Reported to House. Rule provides for consideration of H.R. 2988, H.R. 2262, H.R. 2270, H.R. 2312 and H.R. 4366. The resolution provides for consideration of H.R. 2988 under a structured rule, and H.R. 2262, H.R. 2270, H.R. 2312, and H.R. 4366 under a closed rule. The rule provides for one hour of general debate and one motion to recommit on each bill.

2026-01-15Floor

Motion to reconsider laid on the table Agreed to without objection.

2026-01-15Floor

On passage Passed by the Yeas and Nays: 213 - 205 (Roll no. 31).

2026-01-15Passed House

Passed/agreed to in House: On passage Passed by the Yeas and Nays: 213 - 205 (Roll no. 31).

2026-01-15Floor

On motion to recommit Failed by the Yeas and Nays: 206 - 210 (Roll no. 30).

2026-01-15Floor

The previous question on the motion to recommit was ordered pursuant to clause 2(b) of rule XIX.

2026-01-15Floor

Ms. Kaptur moved to recommit to the Committee on Education and Workforce. (text: CR H905)

2026-01-15Floor

The previous question was ordered on the amendment and the bill pursuant to the rule.

2026-01-15Floor

DEBATE - Pursuant to the provisions of H. Res. 988, the House proceeded with 10 minutes of debate on the Huizenga amendment No. 1.

2026-01-15Floor

DEBATE - The House proceeded with one hour of debate on H.R. 2988.

2026-01-15Floor

Rule provides for consideration of H.R. 2988, H.R. 2262, H.R. 2270, H.R. 2312 and H.R. 4366. The resolution provides for consideration of H.R. 2988 under a structured rule, and H.R. 2262, H.R. 2270, H.R. 2312, and H.R. 4366 under a closed rule. The rule provides for one hour of general debate and one motion to recommit on each bill.

2026-01-15Floor

Considered under the provisions of rule H. Res. 988. (consideration: CR H897-907; text of amendment in the nature of a substitute: CR H897-899)

2026-01-26Referred to Committee

Received in the Senate and Read twice and referred to the Committee on Health, Education, Labor, and Pensions.

Related Votes

Coming Soon

Roll call votes connected to this bill will appear here once bill-to-vote matching is enabled.

Latest Action

Received in the Senate and Read twice and referred to the Committee on Health, Education, Labor, and Pensions.

Official Summary

Official summary has not been imported yet.

GovScope Watchdog™

AI Government Intelligence™

Executive Summary

The Protecting Prudent Investment of Retirement Savings Act (H.R. 2988) is a bill introduced in the 119th Congress aimed at addressing issues related to the investment of retirement savings. The bill has been received in the Senate, read twice, and referred to the Committee on Health, Education, Labor, and Pensions. However, there is no official summary or full text available to provide detailed information about its provisions or objectives.

Bottom Line

H.R. 2988 is currently under consideration in the Senate with limited publicly available information on its specific content or policy implications.

Policy Risk Level

🟡 Medium

Neutral Risk Assessment

Key Points

The bill is titled 'Protecting Prudent Investment of Retirement Savings Act'.
It originated in the House of Representatives and has been referred to a Senate committee.
No official summary or full text is available to clarify the bill's detailed provisions.

Who Benefits?

['Potentially, individuals with retirement savings', 'Financial institutions managing retirement funds', 'Regulatory bodies overseeing retirement investments']

Potential Concerns

['Lack of publicly available bill text limits understanding of implementation requirements', 'Unclear funding mechanisms or enforcement provisions', 'Oversight responsibilities and authority are not specified']

Political Context

The bill was introduced in the House during the 119th Congress and has progressed to the Senate, where it was referred to the Committee on Health, Education, Labor, and Pensions. The absence of detailed legislative text or summary restricts insight into the broader policy debates or legislative priorities surrounding this bill.

Hidden Impact Review

Hidden impact flags detected: 2

GovScope reviewed 2 policy-risk categories. Hover for a quick definition. Click detected flags for bill-specific details.

2 Detected

Detected Flags

Indirect Effects

['Potential changes in retirement investment practices depending on bill provisions', 'Possible impacts on regulatory oversight of retirement savings', 'Uncertain effects on financial markets related to retirement funds']

GovScope Watchdog Notes

The absence of both an official summary and full bill text significantly limits transparency and the ability to conduct a thorough analysis. Stakeholders and the public may face challenges in understanding the bill's implications, monitoring its progress, and holding legislators accountable. Enhanced disclosure of legislative content is recommended for improved government transparency.

Passage Likelihood: UnknownConfidence: 40%Model: gpt-4.1-mini

GovScope Intelligence Roadmap

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