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H.R. 5891: RISE Act

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H.R. 5891: RISE Act

117th Congress · introduced 2021-11-05 · Commerce · Latest: Placed on the Union Calendar, Calendar No. 180.

federal

Follow this bill, step by step

  1. Where it came from: introduced 2021-11-05 · official record
  2. Who proposed it: Rep. Scott, Robert C. "Bobby" [D-VA-3] · what a sponsor is
  3. What happened next: no floor votes in our records yet. Why?
  4. Where it stands now: Placed on the Union Calendar, Calendar No. 180. Not final yet: this can still change. We check for updates every day.
  5. If it becomes law and spends money: follow the money to money laws, then agencies and contracts and grants.

What does this mean?

Official title

RISE Act

Plain summary

Retirement Improvement and Savings Enhancement Act of 2021 or the RISE Act This bill makes various changes with respect to employer-sponsored retirement plans. Among other changes, the bill establishes the Retirement Savings Lost and Found database to allow individuals to locate the administrator of their plan. It also allows 403(b) plans (i.e., plans sponsored by certain charities, educational institutions, and nonprofit organizations) to participate in multiple employer plans and pooled employer plans.

Congressional Research Service summary (Reported to House, Part I), 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)

Official text

RISE Act

Source: Congressional Research Service summary (Reported to House, Part I)

AI explanation – may be wrong, check the official text

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The strongest published arguments

Arguments for (supporters)

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Arguments against (opponents)

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Alternatives

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How did my representative vote? · This bill's floor votes

Officials and money

Sponsor: Rep. Scott, Robert C. "Bobby" [D-VA-3] · 3 cosponsors

Cost estimate: No cost estimate published yet.

Cosponsors on this site

Virginia Foxx (R-NC), Mark DeSaulnier (D-CA), Rick W. Allen (R-GA)

Sponsor's campaign money: Rep. Scott, Robert C. "Bobby" [D-VA-3] reported raising $882,179 (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).
Sponsor and cosponsor
The sponsor is the member who introduces a bill and leads it. Cosponsors are other members who sign on to show support.

Plain meanings written from linked sources. All words.

Sources

Record fed-us-cong117-hr5891 · catalog fed-us-congress-bills-cong117 · updated 2026-11-15 by psicol fed-bills-cong117