S. 4044: RESOURCES Act
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S. 4044: RESOURCES Act
116th Congress · introduced 2020-06-23 · Armed Forces and National Security · Latest: Read twice and referred to the Committee on Armed Services.
federal
Follow this bill, step by step
- Where it came from: introduced 2020-06-23 · official record
- Who proposed it: Sen. Murray, Patty [D-WA] · what a sponsor is
- What happened next: no floor votes in our records yet. Why?
- Where it stands now: Read twice and referred to the Committee on Armed Services. Not final yet: this can still change. We check for updates every day.
- If it becomes law and spends money: follow the money to money laws, then agencies and contracts and grants.
Official title
RESOURCES Act
Plain summary
Re-open Enrollment for Servicemembers to Opt-in to Updated Retirement Choice for Enduring Security Act of 2020 or the RESOURCES Act This bill expands financial literacy training under the Financial Literacy Training Program for members of the Armed Forces. Specifically, the bill (1) establishes an Advisory Council on Financial Readiness, (2) modifies requirements for certain retirement pay to members, and (3) requires a plan for improving the access of members to information about the Thrift Savings Plan.
Congressional Research Service summary (Introduced in Senate), quoted unchanged (nonpartisan). Read the source.
What a vote does
A “Yea” vote
If it passes both chambers and is signed, it becomes law.
A “Nay” vote
If it is not passed, current law stays as it is.
PSI Sci description of the legislative step (not an opinion).
What does this mean? (plain words)
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The strongest published arguments
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Alternatives
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How did my representative vote? · This bill's floor votes
Officials and money
Sponsor: Sen. Murray, Patty [D-WA] · 0 cosponsors
Cost estimate: No cost estimate published yet.
Sponsor's campaign money: Sen. Murray, Patty [D-WA] reported raising $3.6 million (2025–2026). Details. Shown for context only; it does not mean any donor supported this bill.
No linked floor roll calls in our collected records yet. This does not mean the bill has never had a vote. Check the official bill history.
Words on this page, explained (2)
- Bill
- A proposed law. It becomes law only if it passes the legislature and is signed by the president or governor (or a veto is overridden).
- Securities
- Financial investments that can be bought and sold, such as stocks and bonds.
Plain meanings written from linked sources. All words.
Sources
- Congressional Research Service summary (Introduced in Senate)
- Congress.gov
- Data: GovInfo BILLSTATUS bulk data (Library of Congress), BILLSTATUS-116s4044.xml <https://www.govinfo.gov/bulkdata/BILLSTATUS/116/s>
Record fed-us-cong116-s4044 · catalog fed-us-congress-bills-cong116 · updated 2026-11-15 by psicol fed-bills-cong116