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EBSA Investigations Transparency Act
H. R. 2869 To amend the Employee Retirement Income Security Act of 1974 to require that the Employee Benefit Security Administration make an annual report to Congress on investigations.
Summary
This bill requires the Employee Benefit Security Administration (EBSA), part of the Department of Labor, to submit an annual report to Congress on its investigations into employee benefit plans and fiduciaries. The report must detail each active investigation, including which EBSA office opened it, when it was opened, and when the Secretary first requested documents. For each investigation, the report must indicate whether it was concluded within 36 months of the initial document request, and if not, explain why and provide an estimated completion date. The report protects privacy by excluding the names of companies, plan sponsors, fiduciaries, service providers, and individuals involved in the investigations. An investigation is considered concluded when the EBSA stops asserting investigative authority and terminates any compliance monitoring, as documented in a closing letter.
AI-generated plain-language summary of the bill text — neutral, and may be imperfect. See the full text below for the exact wording.
Sponsor (1)
3 cosponsors
Actions (6)
- Feb 10, 2026 Placed on the Union Calendar, Calendar No. 418. · house
- Feb 10, 2026 Reported (Amended) by the Committee on Education and Workforce. H. Rept. 119-491. · house
- Sep 17, 2025 Ordered to be Reported (Amended) by the Yeas and Nays: 19 - 16. · house
- Sep 17, 2025 Committee Consideration and Mark-up Session Held · house
- Apr 10, 2025 Referred to the House Committee on Education and Workforce. · house
- Apr 10, 2025 Introduced in House
More bills on these subjects (8)
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Similar bills (6)
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Text versions (2)
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Committee action
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As published:Roll Call Vote #4 | H.R. 2869| Motion to Report | Passed (19y-16n)
Full text
IN THE HOUSE OF REPRESENTATIVES
April 10, 2025
Mrs. McClain (for herself, Mr. Walberg, and Mr. Owens) introduced the following bill; which was referred to the Committee on Education and Workforce
February 10, 2026
Additional sponsor: Mrs. Miller-Meeks
February 10, 2026
Reported with an amendment, committed to the Committee of the Whole House on the State of the Union, and ordered to be printed [Strike out all after the enacting clause and insert the part printed in italic] [For text of introduced bill, see copy of bill as introduced on April 10, 2025]
A BILL
To amend the Employee Retirement Income Security Act of 1974 to require that the Employee Benefit Security Administration make an annual report to Congress on investigations.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the “Employee Benefit Security Administration Investigations Transparency Act” or the “EBSA Investigations Transparency Act”.
SEC. 2. ANNUAL REPORT ON INVESTIGATIONS.
Section 504 of the Employee Retirement Income Security Act of 1974 (29 U.S.C. 1134) is amended by adding at the end the following:
“(f) Report on Investigations.—
“(1) In general.—Not later than December 31 of each year following the date of enactment of this Act, the Secretary shall submit to Congress a report on the status of cases in enforcement status, including investigations that are active, or in relation to which the Secretary asserted investigative authority or engaged in targeted compliance monitoring, under subsection (a), during the preceding fiscal year.
“(2) Contents.—
“(A) In general.—The report required under subsection (a) shall include the following information in relation to each investigation conducted under subsection (a):
“(i) The regional or district office, or any other office, of the Employee Benefit Security Administration that opened the investigation.
“(ii) The date the investigation was opened.
“(iii) The date on which the Secretary first requested documents from the target of the investigation.
“(iv) In relation to the date on which the Secretary first requested documents from the target of the investigation in relation to such investigation—
“(I) whether the investigation was concluded within the 36-month period beginning on the date of such request; and
“(II) if such investigation has not been concluded by the end of such 36-month period— “(aa) information on why such investigation has not been concluded; and “(bb) the estimated date of conclusion.
“(B) Excluded information.—The report shall not include information identifying any private party to the investigation, including any plan sponsor, fiduciary, service provider, employee, or participant.
“(C) Conclusion of investigations.—For the purposes of subparagraph (A)(iv), an investigation shall not be considered concluded until the later of—
“(i) the date on which the Secretary ceases to assert investigative authority in relation to such investigation; or
“(ii) if applicable, terminates any targeted compliance monitoring, in each case as memorialized in a closing letter delivered to the target of the investigation or the party subject to compliance monitoring. In the event that the issues or topics under investigation change during the course of an investigation, the Secretary’s continuing assertion of authority under this section shall be treated as a continuing investigation and not as a separate investigation.”. Union Calendar No. 418
119th CONGRESS
2d Session
H. R. 2869
[Report No. 119-491]
A BILL
To amend the Employee Retirement Income Security Act of 1974 to require that the Employee Benefit Security Administration make an annual report to Congress on investigations.
February 10, 2026
Reported with an amendment, committed to the Committee of the Whole House on the State of the Union, and ordered to be printed
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