House bill · 119th Congress · Latest step: Passed House
Retirement Proxy Protection Act
H.R. 2988Introduced Apr 24, 2025Policy area: Labor and Employment
Official title: To amend the Employee Retirement Income Security Act of 1974 to specify requirements concerning the consideration of pecuniary and non-pecuniary factors, and for other purposes.
Open in Bill Explorer →Where it went
- IntroducedApr 24, 2025
- Committee actionJun 25, 2025
- Passed HouseJan 15, 2026 · 213–205
- Passed Senate—
- To the President—
- Became law—
Latest action: Jan 26, 2026 — Received in the Senate and Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
Cost and committee reports
Official records Congress.gov attaches to H.R. 2988.
- CBO cost estimateThe Congressional Budget Office published “H.R. 2988, Protecting Prudent Investment of Retirement Savings Act” on September 29, 2025. CBO’s description reads “As ordered reported by the House Committee on Education and Workforce on June 25, 2025”.
Read the CBO estimate ↗Source: Congressional Budget Office, September 29, 2025 ↗Evidence
- Field in the Congress.gov record
- cboCostEstimates
- CBO publication
- https://www.cbo.gov/publication/61770
- CBO publication date
- September 29, 2025
- Congress.gov bill record
- H.R. 2988, 119th Congress
- Congress.gov API record
- https://api.congress.gov/v3/bill/119/hr/2988
- Record last updated by Congress.gov
- June 11, 2026
- PORKER copy retrieved
- September 13, 2026
- Stored copy, SHA-256 of the file
26838f4604a15093b639e5ed087e310828bd81c86e824a1851e89b4ad490f054
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. 119-421 ↗. The Congress.gov committee record lists a “Reported By” entry for the Education and Workforce Committee on December 30, 2025.
Source: Congress.gov, reported December 30, 2025 ↗Evidence
- Field in the Congress.gov record
- committeeReports
- Report API records
- https://api.congress.gov/v3/committee-report/119/HRPT/421
- Congress.gov bill record
- H.R. 2988, 119th Congress
- Congress.gov API record
- https://api.congress.gov/v3/bill/119/hr/2988
- Record last updated by Congress.gov
- June 11, 2026
- PORKER copy retrieved
- September 13, 2026
- Stored copy, SHA-256 of the file
26838f4604a15093b639e5ed087e310828bd81c86e824a1851e89b4ad490f054
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. ALLEN, as printed in the Congressional Record (Vol. 171, No. 69, April 24, 2025, Page H1624):
clause 18 of section 8 of article 1 of the constitution
Source: Congress.gov, Congressional Record April 24, 2025 ↗Evidence
- Field in the Congress.gov record
- constitutionalAuthorityStatementText
- Statement length
- 55 characters
- Congress.gov bill record
- H.R. 2988, 119th Congress
- Congress.gov API record
- https://api.congress.gov/v3/bill/119/hr/2988
- Record last updated by Congress.gov
- June 11, 2026
- PORKER copy retrieved
- September 13, 2026
- Stored copy, SHA-256 of the file
26838f4604a15093b639e5ed087e310828bd81c86e824a1851e89b4ad490f054
PORKER shows the statement exactly as printed, with the page markup removed. It is the sponsor’s claim; it is not a legal finding.
Vote results
3 recorded roll-call votes on H.R. 2988. The vote that moved the bill is first.
1HOUSE · JAN 15, 2026
Passed the House
213–205PASSED
R 210–0 D 3–205
On Passage · roll 31 · 13 not voting
Procedural votes (2) — motions, rulings and amendments along the way (2 House). Tap to show.
Oldest first. Totals are yea–nay.
Amendment 1 to H.R. 2988On agreeing to the amendment
House · Jan 15, 2026 · roll 29
R 209–0 D 186–22
395–22Agreed
Send the bill back to committeeMotion to recommit
House · Jan 15, 2026 · roll 30
R 0–209 D 206–1
206–210Failed
More from the sponsor
Other 119th Congress bills sponsored by Rep. Rick Allen.
Related bills
Relationships as recorded by Congress.gov.
Open in Bill Explorer →
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.