H.R. 8286 · 119th Congress · pending

Protecting Americans’ Retirement Savings From Politics Act

Placed on the Union Calendar, Calendar No. 618.

Latest official action 2026-06-24 · Unknown

The bill, briefly

Protecting Americans’ Retirement Savings From Politics Act This bill limits certain disclosures currently required of public companies and revises the proxy voting process. Under the bill, public companies are only required to disclose information in response to a Securities and Exchange Commission (SEC) rulemaking if the company determines that the information is material with respect to a voting or investment decision regarding company securities. The bill also restricts the proxy voting process and proxy advisory firms. (Public companies regularly hold votes where eligible shareholders may fill out proxy cards with voting directions and submit them to a designated representative. Proxy advisory firms provide voting services and advice to institutional investors.) Specifically, robovoting (i.e., automated proxy voting) is prohibited for votes related to proxy or consent solicitation materials. Proxy advisory firms must register with the SEC and provide annual reports on their activity. The bill also establishes a private right of action against proxy advisory firms in certain circumstances and makes such firms liable for failing to disclose material information or for making material misstatements. In addition, passively managed funds (e.g., index funds) that vote shares on behalf of fund investors in non-routine votes must (1) vote shares according to the instructions of the…

Official bill, text and votes Full source record and risk review

Congressional Research Service · 2026-06-24

Who reported lobbying on this bill?

Amount spent specifically on this bill: not disclosed

The reports below name this bill and disclose an organization’s overall lobbying expenses or a firm’s client income for the period. They can cover many bills and issues. These amounts are not payments to the bill or its politicians.

No matching lobbying report is imported yet. This is not evidence that no lobbying occurred.

2,409 latest lobbying reports imported. Some source imports are still in progress.

Politicians behind the bill

Sponsors and cosponsors from the official source, limited to members currently in office. Campaign amounts are cycle-wide and are not payments for this bill.

Sponsor

Bryan Steil

House · WI District 1 · Republican

$1,704,694PAC receipts · 2025–2026

Cosponsor

Ann Wagner

House · MO District 2 · Republican

$1,209,244PAC receipts · 2025–2026

Cosponsor

Daniel Meuser

House · PA District 9 · Republican

$824,780PAC receipts · 2025–2026

2 of 2 source cosponsor records retrieved; only current officials and unwithdrawn sponsorships appear.

PAC donors to the listed sponsors

These are all-cycle contributions to the listed sponsors’ and cosponsors’ campaigns. FEC does not attribute them to this bill. A donation plus sponsorship does not establish why a politician acted.

AMERICAN INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS POLITICAL ACTION COMMITTEE$30,000

Bryan Steil · Sponsor · $10,000

Ann Wagner · Cosponsor · $10,000

Daniel Meuser · Cosponsor · $10,000