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HR 2958 Advanced toward a vote

Requires the Department of Labor to report yearly to Congress on written agreements under which it gives assistance to attorneys preparing civil lawsuits over employee retirement plans.

Official title: Balance the Scales Act

Next stop House floor: awaiting a vote
Timeline each lane is a chamber; dates pull from congress.gov actions
House
Introduced 17-APR-2025
Referred 17-APR-2025
Approved by committee 17-SEP-2025
Reported 20-FEB-2026
On the calendar 20-FEB-2026
Key points
  • Requires the Secretary of Labor to sign a written agreement with an individual and give a copy to affected employers, plan sponsors, or fiduciaries before providing "adverse assistance" to an attorney for a civil action under ERISA section 502(a).
  • Requires an annual report to Congress by December 31 covering all such agreements, including copies, dates, and logs of meetings and communications, with the first report due 60 days after enactment.
  • Bars the report from identifying anyone other than the parties to each agreement.
  • Adds a congressional finding and policy statement that encourages the voluntary sponsorship and maintenance of private pension plans.
AI-generated from the Reported in House text of 20-FEB-2026 · verify · report an error
Official CRS summary

No CRS summary yet. CRS writes one for most bills, often months after they move.

CRS is the Library of Congress's nonpartisan research office. Check on congress.gov
Committee referrals (1) Policy area

Labor and Employment

Sponsor Michael A. Rulli (R-OH) Cosponsors · 1
■ 1 R
1 Republican