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LAST ACTION OCT 1, 2026  UPDATED OCT 2
H.R. 10703HOUSE BILL · 119TH CONGRESS119TH

To amend the Employee Retirement Income Security Act of 1974 to strengthen accountability and protect plan assets.

Amends the 1974 employee benefit plan law to strengthen accountability and protect plan assets.

WHERE IT STANDS

In the House Education and Workforce Committee since Oct. 1, 2026, 4 days after it was introduced. Most bills never leave committee.

  1. INTRODUCEDINTROOCT 1, 2026
  2. COMMITTEECOMM.IN COMMITTEE
  3. HOUSEHOUSE—
  4. SENATESENATE—
  5. LAWLAW—
Read the text
WHAT IT DOES

What the bill would do, and why it matters

tl;drWRITTEN OCT 4 FROM THE RECORD

Employee benefit plans involve assets that need oversight. The bill would amend the 1974 law governing them, with the stated aims of strengthening accountability and protecting plan assets.

  • INTRODUCED ONLY This bill has been introduced and possibly referred to a committee, but it has not passed any vote. Most introduced bills never become law — they die in committee without a hearing.
  • FULL TEXT UNAVAILABLE Congress.gov has not posted the full bill text yet. The analysis is based on the title and metadata only and may miss substantive provisions.
  • DATA NOTE No Congressional Research Service summary was available.
WHAT IT WOULD DO · 1 PROVISION
  1. Strengthens plan accountability

    The bill would amend the Employee Retirement Income Security Act of 1974, with the stated aims of strengthening accountability and protecting plan assets. The title does not specify how it would do so.

THE CONTEXT

The bill's stated purpose is to strengthen accountability and protect plan assets. Those aims concern how assets connected to employee benefit plans are safeguarded.

Written from the official record.

THE JOURNEY

The path it took, step by step

FROM THE OFFICIAL ACTIONS ON CONGRESS.GOV
  1. IntroducedOCT 1, 2026
    HOUSE
    OCT 1, 2026
    By Rep. Scott
    Referred to Education and Workforce
  2. SAME DAYNOW
    House committeeOCT 1, 2026
    EDUCATION & WORKFORCE NOW
    OCT 1, 2026
    In committee for 4 days
    No hearing yet
  3. 4 DAYS SO FAR
    Passed the House—
    HOUSE FLOOR
    —
    Not scheduled
  4. Senate committee—
    SENATE
    —
  5. Passed the Senate—
    SENATE FLOOR
    —
    Not scheduled
  6. Resolve differencesONLY IF NEEDED
    BOTH CHAMBERS
    ONLY IF NEEDED
    Skipped if the other chamber passes the same text
  7. Signed into law—
    PRESIDENT
    —
    10 days to sign or veto
KEY ACTIONS2 OF 2 · PROCEDURAL STEPS FOLDED
  1. OCT 12026OCT 1, 2026REFERREDHOUSEReferred to the House Committee on Education and Workforce.
  2. OCT 12026OCT 1, 2026INTRODUCEDHOUSEIntroduced in House
HOW LONG LAWS TAKE118 LAWS THIS CONGRESS

At day 4, this bill is already older than 3% of the laws passed this Congress were when they were signed.

DAYS FROM INTRODUCTION TO SIGNING · ○ CEREMONIAL
YOUR MEMBERS

Where your members stand on it

READERS · 0 COMMENTS

What readers think

READERS’ VIEWS, NOT CHAMBERLIGHT’S

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