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S 410119th CongressIn Committee
Love Lives On Act of 2025
Introduced: Feb 5, 2025
Sponsor: Sen. Moran, Jerry [R-KS] (R-Kansas)
Standard Summary
Comprehensive overview in 1-2 paragraphs
Amends ERISA to prohibit retirement plan investments in foreign adversary and sanctioned entities with disclosure requirements.
Key Points
- 1Prohibits fiduciaries from allowing plan investments in covered entities
- 2Defines covered entities as foreign adversary and sanctioned organizations
- 3Requires disclosure of existing investments in such entities
- 4Allows continuation of current investments with compliance plans
- 5Permits fulfillment of pre-existing contractual obligations
- 6Mandates regulations within 180 days and effective date within one year
Impact Areas
Retirement plan investmentsERISA fiduciary responsibilitiesForeign investment restrictionsNational securityPlan participant protections
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