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Committee advances bill requiring EBSA to report on investigations and prolonged cases
Summary
HR 2869, the EBSA Investigations Transparency Act, was reported by the committee. The bill would require the Employee Benefits Security Administration to provide annual reporting on the status and duration of open investigations and to explain delays that exceed three years.
The House Committee on Education and Labor voted to report HR 2869, the EBSA Investigations Transparency Act, which would require the Department of Labor’s Employee Benefits Security Administration (EBSA) to submit an annual report to Congress on open employee benefit plan investigations and to provide an explanation and estimated conclusion date for any investigation open longer than three years.
Chair…
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