HR 2988
119th Congress
Latest action 2026-01-26: Received in the Senate and Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
This bill number also appears in other loaded Congresses: 118th, 117th, 116th, 115th, 114th, 113th, 112th, 111th, 110th, 109th, 108th (bill numbers are reused each Congress, so these are different bills).
Protecting Prudent Investment of Retirement Savings Act bill
- sponsor
- A000372
- introduced
- 2025-04-24
- policy area
- Labor and Employment (labor_unions)
- cosponsors
- 0
- lobbying filings citing it
- 46
- money facing its subject
- the record
- congress.gov
3 CRS legislative subjects, as written
Business ethics, Employee benefits and pensions, Financial services and investments
Actions: 21 on the record
The record's own timeline, word for word, newest first. An action that names a committee links to it.
| date | type | action, as written | committee |
|---|---|---|---|
| 2025-04-24 | IntroReferral | Introduced in House | |
| 2025-04-24 | IntroReferral | Introduced in House | |
| 2025-04-24 | IntroReferral | Referred to the House Committee on Education and Workforce. | House Committee on Education and Workforce |
| 2025-06-25 | Committee | Committee Consideration and Mark-up Session Held | House Committee on Education and Workforce |
| 2025-06-25 | Committee | Ordered to be Reported (Amended) by the Yeas and Nays: 21 - 15. | House Committee on Education and Workforce |
| 2025-12-30 | Committee | Reported (Amended) by the Committee on Education and Workforce. H. Rept. 119-421. | House Committee on Education and Workforce |
| 2025-12-30 | Committee | Reported (Amended) by the Committee on Education and Workforce. H. Rept. 119-421. | House Committee on Education and Workforce |
| 2025-12-30 | Calendars | Placed on the Union Calendar, Calendar No. 367. | |
| 2026-01-12 | Floor | 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. | |
| 2026-01-15 | Floor | 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) | |
| 2026-01-15 | Floor | 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. | |
| 2026-01-15 | Floor | DEBATE - The House proceeded with one hour of debate on H.R. 2988. | |
| 2026-01-15 | Floor | DEBATE - Pursuant to the provisions of H. Res. 988, the House proceeded with 10 minutes of debate on the Huizenga amendment No. 1. | |
| 2026-01-15 | Floor | The previous question was ordered on the amendment and the bill pursuant to the rule. | |
| 2026-01-15 | Floor | Ms. Kaptur moved to recommit to the Committee on Education and Workforce. (text: CR H905) | House Committee on Education and Workforce |
| 2026-01-15 | Floor | The previous question on the motion to recommit was ordered pursuant to clause 2(b) of rule XIX. | |
| 2026-01-15 | Floor | On motion to recommit Failed by the Yeas and Nays: 206 - 210 (Roll no. 30). | House Committee on Education and Workforce |
| 2026-01-15 | Floor | Passed/agreed to in House: On passage Passed by the Yeas and Nays: 213 - 205 (Roll no. 31). | |
| 2026-01-15 | Floor | On passage Passed by the Yeas and Nays: 213 - 205 (Roll no. 31). | |
| 2026-01-15 | Floor | Motion to reconsider laid on the table Agreed to without objection. | |
| 2026-01-26 | IntroReferral | Received in the Senate and Read twice and referred to the Committee on Health, Education, Labor, and Pensions. | Senate Committee on Health, Education, Labor, and Pensions |
Cosponsors: 0
No cosponsors on the record for this bill.
Lobbying: 46 filings cite this bill
Filings whose specific-issues text cites the bill, as the filers typed it ("H.R.2988", "H.R. 2988", "HR 2988"). The LDA does not disclose positions on a bill (support or oppose), so none appear here; a filing is attributed to a Congress by its filing year. Counts, never dollars. ‡ lobbying estimates
| registrant, as filed | filings citing it | years |
|---|---|---|
| AMERICAN COUNCIL OF LIFE INSURERS | 6 | 2025 to 2026 |
| INSURED RETIREMENT INSTITUTE | 5 | 2025 to 2026 |
| PACIFIC LIFE INSURANCE COMPANY | 5 | 2025 to 2026 |
| PRINCIPAL FINANCIAL GROUP | 5 | 2025 to 2026 |
| INVESTMENT COMPANY INSTITUTE | 4 | 2025 to 2026 |
| AFL-CIO | 3 | 2025 to 2026 |
| AMERICAN ASSOCIATION FOR JUSTICE | 3 | 2025 to 2026 |
| AMERICANS FOR FINANCIAL REFORM | 3 | 2025 to 2026 |
| CERES, INC. | 3 | 2025 |
| INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS | 3 | 2025 to 2026 |
| AARP | 2 | 2025 to 2026 |
| AMERIPRISE FINANCIAL, INC. | 2 | 2025 |
| LONGBOW PUBLIC POLICY GROUP, LLC | 1 | 2026 |
| UNITED AUTOMOBILE, AEROSPACE & AGRICULTURAL IMPLEMENT WORKERS | 1 | 2026 |
| client, as filed | filings citing it | years |
|---|---|---|
| AMERICAN COUNCIL OF LIFE INSURERS | 6 | 2025 to 2026 |
| INSURED RETIREMENT INSTITUTE | 5 | 2025 to 2026 |
| PACIFIC LIFE INSURANCE COMPANY | 5 | 2025 to 2026 |
| PRINCIPAL FINANCIAL GROUP | 5 | 2025 to 2026 |
| INVESTMENT COMPANY INSTITUTE | 4 | 2025 to 2026 |
| AFL-CIO | 3 | 2025 to 2026 |
| AMERICAN ASSOCIATION FOR JUSTICE | 3 | 2025 to 2026 |
| AMERICANS FOR FINANCIAL REFORM | 3 | 2025 to 2026 |
| CERES, INC. | 3 | 2025 |
| INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS | 3 | 2025 to 2026 |
| AARP | 2 | 2025 to 2026 |
| AMERIPRISE FINANCIAL, INC. | 2 | 2025 |
| SIGNATORY WALL AND CEILING CONTRACTORS ALLIANCE | 1 | 2026 |
| UNITED AUTOMOBILE AEROSPACE & AGRICULTURAL IMPLEMENT WORKERS | 1 | 2026 |
Money facing this bill
A giver's face is the list of subjects its organization lobbies Congress on, read from its own lobbying reports and spread by how often each subject comes up; a gift from someone who works there is spread the same way.
$508
measureMoney facing a bill's subject that reached its sponsors, version 3
subjectLabor and Employment
members counted1
members with a candidacy in 20261
this row as datathe stored row
This is money tied to the bill's subject, not money given for or against the bill. It shows what an organization lobbies on, not what position it takes, and no gift is tied to a bill.
The members it reached, and who gave it
- Rick W. Allen sponsor, Republican-GA
$508
measureMoney by the subjects its givers lobby on, version 3
this row as datathe stored row
- Filed$130
MCDONALD'S CORPORATION
organization as filedMCDONALD'S CORPORATION
employer as filedMCDONALD'S CORPORATION
where the face comes fromits own lobbying reports
its face and filingsopen the evidence
- Firm$76
CAPITOL COUNSEL LLC
organization as filedCAPITOL COUNSEL LLC
employer as filedCAPITOL COUNSEL
where the face comes froma lobbying firm's own reports, for all its clients
its face and filingsopen the evidence
- Firm$44
TODD STRATEGY GROUP
organization as filedTODD STRATEGY GROUP
employer as filedTODD STRATEGY GROUP
where the face comes froma lobbying firm's own reports, for all its clients
its face and filingsopen the evidence
- Filed
The organizations are each member's three largest on this subject. A group of organizations is shown by name only after a person has reviewed it.
Lobbying clients that named this bill in their filings
| Client | Filings | Its face on Labor and Employment |
|---|---|---|
| AMERICAN COUNCIL OF LIFE INSURERS | 6 | 15%what it isthe share of this client's lobbying activity on the subject face window2025-2026 its face and filingsopen the evidence |
| INSURED RETIREMENT INSTITUTE | 5 | 12%what it isthe share of this client's lobbying activity on the subject face window2025-2026 its face and filingsopen the evidence |
| PACIFIC LIFE INSURANCE COMPANY | 5 | 3%what it isthe share of this client's lobbying activity on the subject face window2025-2026 its face and filingsopen the evidence |
| PRINCIPAL FINANCIAL GROUP | 5 | 11%what it isthe share of this client's lobbying activity on the subject face window2025-2026 its face and filingsopen the evidence |
| INVESTMENT COMPANY INSTITUTE | 4 | 10%what it isthe share of this client's lobbying activity on the subject face window2025-2026 its face and filingsopen the evidence |
| AFL-CIO | 3 | 16%what it isthe share of this client's lobbying activity on the subject face window2025-2026 its face and filingsopen the evidence |
| AMERICAN ASSOCIATION FOR JUSTICE | 3 | 4%what it isthe share of this client's lobbying activity on the subject face window2025-2026 its face and filingsopen the evidence |
| AMERICANS FOR FINANCIAL REFORM | 3 | 4%what it isthe share of this client's lobbying activity on the subject face window2025-2026 its face and filingsopen the evidence |
| CERES, INC. | 3 | 4%what it isthe share of this client's lobbying activity on the subject face window2025-2026 its face and filingsopen the evidence |
| INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS | 3 | 12%what it isthe share of this client's lobbying activity on the subject face window2025-2026 its face and filingsopen the evidence |
| AARP | 2 | 6%what it isthe share of this client's lobbying activity on the subject face window2025-2026 its face and filingsopen the evidence |
| AMERIPRISE FINANCIAL, INC. | 2 | 17%what it isthe share of this client's lobbying activity on the subject face window2025-2026 its face and filingsopen the evidence |
Money facing a bill's subject that reached its sponsors, version 3 · ‡ self-reported text ‡ small donors invisible ‡ lobbying estimates
Votes: 3 roll calls tied to this bill by the chambers' own documents
Tallies are the chambers' own published numbers. ‡ votes, not motives
| date | chamber | question | result | yeas | nays | record |
|---|---|---|---|---|---|---|
| 2026-01-15 | house | On Agreeing to the Amendment | Agreed to | 395 | 22 | the chamber's document |
| 2026-01-15 | house | On Motion to Recommit | Failed | 206 | 210 | the chamber's document |
| 2026-01-15 | house | On Passage | Passed | 213 | 205 | the chamber's document |
Coverage: bills are loaded for Congresses 108, 109, 110, 111, 112, 113, 114, 115, 116, 117, 118, 119. We have not collected a Congress missing from that list, so its bills do not show here even though they exist. Lobbying citations cover the LDA years we collected; votes cover the loaded roll-call files. ‡ correlation, not purchase ‡ lobbying estimates ‡ votes, not motives