House bill · 119th Congress · Latest step: Committee action
Balance the Scales Act
Official title: To amend the Employee Retirement Income Security Act of 1974 to require that the Employee Benefit Security Administration submit an annual report to Congress on adverse interest agreements, and for other purposes.
Sponsor: Rep. Michael Rulli R-OHWhere it went
- IntroducedApr 17, 2025
- Committee actionSep 17, 2025
- Passed House—
- Passed Senate—
- To the President—
- Became law—
Latest action: Feb 20, 2026 — Placed on the Union Calendar, Calendar No. 430.
Cost and committee reports
Official records Congress.gov attaches to H.R. 2958.
- CBO cost estimateThe Congressional Budget Office published “H.R. 2958, Balance the Scales Act” on January 14, 2026. CBO’s description reads “As ordered reported by the House Committee on Education and Workforce on September 17, 2025”.Read the CBO estimate ↗Source: Congressional Budget Office, January 14, 2026 ↗
Evidence
- Field in the Congress.gov record
- cboCostEstimates
- CBO publication
- https://www.cbo.gov/publication/62018
- CBO publication date
- January 14, 2026
- Congress.gov bill record
- H.R. 2958, 119th Congress
- Congress.gov API record
- https://api.congress.gov/v3/bill/119/hr/2958
- Record last updated by Congress.gov
- June 11, 2026
- PORKER copy retrieved
- September 13, 2026
- Stored copy, SHA-256 of the file
f2c38befa36e71b1d20422835d4d241dea988327092fdcc8c97c3624e57208de
PORKER links to the estimate and does not repeat its dollar figures. Each estimate is for the version of the bill its description names; the bill may have changed since.
- Committee reportCongress.gov lists 1 committee report for this bill: H. Rept. 119-504 ↗. The Congress.gov committee record lists a “Reported By” entry for the Education and Workforce Committee on February 20, 2026.Source: Congress.gov, reported February 20, 2026 ↗
Evidence
- Field in the Congress.gov record
- committeeReports
- Report API records
- https://api.congress.gov/v3/committee-report/119/HRPT/504
- Congress.gov bill record
- H.R. 2958, 119th Congress
- Congress.gov API record
- https://api.congress.gov/v3/bill/119/hr/2958
- Record last updated by Congress.gov
- June 11, 2026
- PORKER copy retrieved
- September 13, 2026
- Stored copy, SHA-256 of the file
f2c38befa36e71b1d20422835d4d241dea988327092fdcc8c97c3624e57208de
A committee report is the committee’s own explanation of the bill. PORKER lists it and links to it; reading it is up to you.
- Constitutional authority statementThe sponsor’s statement of where the Constitution gives Congress the power to pass this bill. Statement by Mr. RULLI, as printed in the Congressional Record (Vol. 171, No. 67, April 17, 2025, Page H1613):Article 1, Section 8.Source: Congress.gov, Congressional Record April 17, 2025 ↗
Evidence
- Field in the Congress.gov record
- constitutionalAuthorityStatementText
- Statement length
- 21 characters
- Congress.gov bill record
- H.R. 2958, 119th Congress
- Congress.gov API record
- https://api.congress.gov/v3/bill/119/hr/2958
- Record last updated by Congress.gov
- June 11, 2026
- PORKER copy retrieved
- September 13, 2026
- Stored copy, SHA-256 of the file
f2c38befa36e71b1d20422835d4d241dea988327092fdcc8c97c3624e57208de
PORKER shows the statement exactly as printed, with the page markup removed. It is the sponsor’s claim; it is not a legal finding.
From the Congress.gov bill record for H.R. 2958, last updated June 11, 2026. PORKER’s copy was retrieved September 13, 2026 and is refreshed nightly. Open “Evidence” on any line for the record, field and file fingerprint.
Vote results
No recorded roll-call votes on this bill in PORKER’s records (voice votes and unanimous consent are not roll calls; roll-call records start in 2011).
Cosponsors
1 cosponsor — 1 Republican
0 of 1 cosponsors (0%) are from the other party.
More from the sponsor
Other 119th Congress bills sponsored by Rep. Michael Rulli.
Related bills
- S. 4360 (119th) INSIGHT ActRelated bill
Relationships as recorded by Congress.gov.
Sponsor’s state and district
Data as of Sep 25, 2026 · bill record checked by PORKER from Congress.gov · votes from Senate.gov and the House Clerk. PORKER is non-partisan.