HR 2958
· 119th Congress
· Labor and Employment
Balance the Scales Act
Sponsor
Latest action
Placed on the Union Calendar, Calendar No. 430.
Action timeline
Every recorded action on this bill, newest first. Stage badges color-code the legislative path.
Feb 20, 2026
committee
Reported (Amended) by the Committee on Education and Workforce. H. Rept. 119-504.
Education and Workforce Committee
Feb 20, 2026
other
Placed on the Union Calendar, Calendar No. 430.
Sep 17, 2025
committee
Committee Consideration and Mark-up Session Held
Education and Workforce Committee
Sep 17, 2025
committee
Ordered to be Reported (Amended) by the Yeas and Nays: 19 - 16.
Education and Workforce Committee
Apr 17, 2025
introduced
Introduced in House
Apr 17, 2025
introduced
Referred to the House Committee on Education and Workforce.
Education and Workforce Committee
Text versions
Each stage of the bill — official text published by GPO. Click any format to read on congress.gov / govinfo.
Changelog
ⓘ
How a bill moves through Congress. Each stage produces a new official text. The diff between them shows what changed at that step.
ih / is — Introduced in House / Senate. First filed version.rfh / rfs — Referred to a committee for review.rh / rs — Reported back by the committee to the floor (often with amendments — this is where most language changes happen).pcs / pch — Placed on Calendar for floor consideration.eh / es — Engrossed. Passed by the originating chamber. Text is now what was actually voted on.rdh / rds — Received by the other chamber.eah / eas — Engrossed Amendment. The other chamber passed an amended version.ath / ats — Agreed to. Both chambers settled on the same text.enr — Enrolled. Final reconciled text, sent to the President.pl — Public Law. Signed by the President. It's now law.pp — Public Print. Official printing post-enactment.
Most bills die before eh/es. Going from pcs → enr is the full path through both chambers.
ⓘ
How a bill moves through Congress. Each stage produces a new official text. The diff between them shows what changed at that step.
ih/is— Introduced in House / Senate. First filed version.rfh/rfs— Referred to a committee for review.rh/rs— Reported back by the committee to the floor (often with amendments — this is where most language changes happen).pcs/pch— Placed on Calendar for floor consideration.eh/es— Engrossed. Passed by the originating chamber. Text is now what was actually voted on.rdh/rds— Received by the other chamber.eah/eas— Engrossed Amendment. The other chamber passed an amended version.ath/ats— Agreed to. Both chambers settled on the same text.enr— Enrolled. Final reconciled text, sent to the President.pl— Public Law. Signed by the President. It's now law.pp— Public Print. Official printing post-enactment.
Most bills die before eh/es. Going from pcs → enr is the full path through both chambers.
Line-level diff between text versions of this bill — what actually changed at each legislative stage.
+53
−13
30 unchanged
--- Introduced (House)
+++ Reported (House)
@@ -1,11 +1,14 @@
[From the U.S. Government Publishing Office]
-[H.R. 2958 Introduced in House (IH)]
+[H.R. 2958 Reported in House (RH)]
<DOC>
+Union Calendar No. 430
119th CONGRESS
-1st Session
+2d Session
H. R. 2958
+
+[Report No. 119-504]
To amend the Employee Retirement Income Security Act of 1974 to require
that the Employee Benefit Security Administration submit an annual
@@ -20,6 +23,19 @@
Mr. Rulli introduced the following bill; which was referred to the
Committee on Education and Workforce
+
+February 20, 2026
+
+Additional sponsor: Mrs. McClain
+
+February 20, 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
+17, 2025]
_______________________________________________________________________
@@ -104,7 +120,7 @@
promoting the voluntary sponsorship of employee
benefit plans subject to this Act.
``(B) Identifying information.--The report
-described under paragraph (A)--
+described under subparagraph (A)--
``(i) shall identify the parties to each
agreement; and
``(ii) may not include any information that
@@ -116,15 +132,15 @@
(1) In general.--Subject to subsection (b), the amendments
made by this section shall apply to any adverse assistance
provided on or after the date of enactment of this Act.
-(2) Existing agreements.--For the purposes of section
-504(f)(1) (as added by this section) of the Employee Retirement
-Income Security Act (29 U.S.C. 1134(f)(1)), if, not later than
-60 days after the date of enactment of this Act, the Secretary
-of Labor takes the actions required in paragraphs (A) and (B)
-of such paragraph in relation to an existing arrangement to
-provide adverse assistance, the Secretary shall be deemed to
-have taken such actions prior to providing such adverse
-assistance.
+(2) Existing agreements.--For the purposes of paragraph (1)
+of section 504(f) (as added by this section) of the Employee
+Retirement Income Security Act (29 U.S.C. 1134(f)), if, not
+later than 60 days after the date of enactment of this Act, the
+Secretary of Labor takes the actions required in subparagraphs
+(A) and (B) of such paragraph in relation to an existing
+arrangement to provide adverse assistance, the Secretary shall
+be deemed to have taken such actions prior to providing such
+adverse assistance.
SEC. 3. PRIVATE PENSION PLANS AS INTEGRAL TO THE CONTINUED WELL-BEING
AND SECURITY OF EMPLOYEES AND THEIR DEPENDANTS.
@@ -137,4 +153,28 @@
be a policy of this Act to promote, encourage, and facilitate the
voluntary establishment and maintenance of, and contribution to, such
plans.''.
-<all>
+Union Calendar No. 430
+
+119th CONGRESS
+
+2d Session
+
+H. R. 2958
+
+[Report No. 119-504]
+
+_______________________________________________________________________
+
+A BILL
+
+To amend the Employee Retirement Income Security Act of 1974 to require
+that the Employee Benefit Security Administration submit an annual
+report to Congress on adverse interest agreements, and for other
+purposes.
+
+_______________________________________________________________________
+
+February 20, 2026
+
+Reported with an amendment, committed to the Committee of the Whole
+House on the State of the Union, and ordered to be printed
Lobbying activity
Organizations whose LDA filings reference this bill, ranked by filing count. Position not disclosed — LDA does not require lobbyists to report support / oppose / monitor. Bill-number references can be stale (lobbyists sometimes copy text year-over-year), so verify against the filing description.
4
filings · 2026 Q3
4
filings · 2026 Q3
AMERICAN BENEFITS COUNCIL
RETTAX
4
filings · 2026 Q3
3
filings · 2026 Q3
3
filings · 2026 Q3
SPARK INSTITUTE
RETTAX
3
filings · 2026 Q3
2
filings · 2025 Q3
2
filings · 2025 Q3
via Senate LDA · self-reported quarterly. Filing count = filings mentioning this bill (no position required), not money spent on it. Click a client to see all bills they've filed on.
Cosponsors (1)
Members who signed on to support this bill.