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S. 3424 (115th): RISE Act of 2018

We don’t have a summary available yet.

The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress, and was published on Sep 6, 2018.

Retirement Investments for a Sustainable Economy Act of 2018 or the RISE Act of 2018

This bill establishes a new fund—the Climate Choice Stock Index Fund—as an investment option under the Thrift Savings Plan.

The Climate Choice Stock Index Fund must be invested in a portfolio that is designed to replicate the performance of a commonly recognized index comprised of common stock and to ensure that no investment in the portfolio is an investment in a fossil fuel entity.