Providing for consideration of the bill (H.R. 3762) to amend title I of the Employee Retirement Income Security Act of 1974 and the Internal Revenue Code of 1986 to provide additional protections to participants and beneficiaries in individual account plans from excessive investment in employer securities and to promote the provision of retirement investment advice to workers managing their retirement income assets, and to amend the Securities Exchange Act of 1934 to prohibit insider trades during any suspension of the ability of plan participants or beneficiaries to direct investment away from equity securities of the plan sponsor.

Motion to reconsider laid on the table Agreed to without objection.

Congressional Research Service

Official summary

Version 00 · Introduced in House · Apr 10, 2002

Sets forth the rule (modified closed) for the consideration of H.R. 3762 (pension security).

PlainBill analysis is coming later. This page presents official source data. We have not yet published a PlainBill explanation for this bill.

People & committees

Who introduced it

Rep. Sessions, Pete [R-TX-5] · R–TX

Committees

Rules Committee

0 cosponsorship records, including any withdrawals

Legislative record

Actions

A procedural vote is different from passage. Passage in one chamber does not establish enactment. Explore the glossary.

Apr 11, 2002
Motion to reconsider laid on the table Agreed to without objection.
Apr 11, 2002
On agreeing to the resolution Agreed to by recorded vote: 215 - 209 (Roll no. 88). (text: CR H1205)
House roll call 88 · Individual votes
Apr 11, 2002
Passed/agreed to in House: On agreeing to the resolution Agreed to by recorded vote: 215 - 209 (Roll no. 88).(text: CR H1205)
House roll call 88 · Individual votes
Apr 11, 2002
On ordering the previous question Agreed to by the Yeas and Nays: 218 - 208 (Roll no. 87).
House roll call 87 · Individual votes
Apr 11, 2002
DEBATE - The House proceeded with one hour of debate on H. Res. 386.
Apr 11, 2002
Considered as privileged matter. (consideration: CR H1205-1216)
Apr 10, 2002
Placed on the House Calendar, Calendar No. 136.
Apr 10, 2002
In lieu of the amendment recommended by the Committee on Education and the Workforce now printed in the bill, the amendment in the nature of a substitute printed in part A of the report of the Committee on Rules accompanying this resolution shall be considered as adopted.
Apr 10, 2002
The House Committee on Rules reported an original measure, H. Rept. 107-396, by Mr. Sessions.
Apr 10, 2002
The House Committee on Rules reported an original measure, H. Rept. 107-396, by Mr. Sessions.
Apr 10, 2002
Introduced in House

Primary sources

Bill text & related measures

Text links open the official source. We currently store references to these documents.

Engrossed in House · Apr 11, 2002 Formatted Text PDF
Reported in House · Apr 10, 2002 Formatted Text PDF

Related bills identified by Congress.gov

HR 3762 · Pension Security Act of 2002

Source last updated: Apr 7, 2025. Consult Congress.gov for the current record.

AI Conversation Starters

Explore the bill from different angles

Choose a perspective, copy a prompt, and paste it into your preferred AI. Each prompt includes the bill version and available official source links, and asks for counterarguments as well as supporting evidence.

Neutral evidence review

Objective

Analyze H.Res.386 as objectively as possible. Explain its main provisions, who would be affected, possible benefits and harms, implementation, exceptions, and uncertainties. Present the strongest arguments for and against it, and identify evidence needed to assess its public impact.

View full prompt & sources

Discuss H.Res.386, 107th Congress: Providing for consideration of the bill (H.R. 3762) to amend title I of the Employee Retirement Income Security Act of 1974 and the Internal Revenue Code of 1986 to provide additional protections to participants and beneficiaries in individual account plans from excessive investment in employer securities and to promote the provision of retirement investment advice to workers managing their retirement income assets, and to amend the Securities Exchange Act of 1934 to prohibit insider trades during any suspension of the ability of plan participants or beneficiaries to direct investment away from equity securities of the plan sponsor.

Official record: https://www.congress.gov/bill/107th-congress/house-resolution/386

Text version to examine: Engrossed in House · 2002-04-11.

Official full text: https://www.congress.gov/107/bills/hres386/BILLS-107hres386eh.htm

Imported record last updated by the source: 2025-04-07T13:40:46Z. Verify current status and distinguish any later version from the version above.

Read the official text before answering. If you cannot access it, say so and ask me to provide it; do not assume a link means you have read the document. Distinguish proposals from enacted law, cite sources, and separate facts, interpretation, and uncertain predictions. Include counterarguments even when using a particular perspective.

Analyze H.Res.386 as objectively as possible. Explain its main provisions, who would be affected, possible benefits and harms, implementation, exceptions, and uncertainties. Present the strongest arguments for and against it, and identify evidence needed to assess its public impact.

Fairness and public impact

Progressive lens

Examine H.Res.386 through a progressive lens, focusing on fairness, access, economic inequality, and effects on vulnerable communities. Explain potential benefits, costs, and unintended consequences. Consider the strongest counterarguments and distinguish stated goals from demonstrated outcomes.

View full prompt & sources

Discuss H.Res.386, 107th Congress: Providing for consideration of the bill (H.R. 3762) to amend title I of the Employee Retirement Income Security Act of 1974 and the Internal Revenue Code of 1986 to provide additional protections to participants and beneficiaries in individual account plans from excessive investment in employer securities and to promote the provision of retirement investment advice to workers managing their retirement income assets, and to amend the Securities Exchange Act of 1934 to prohibit insider trades during any suspension of the ability of plan participants or beneficiaries to direct investment away from equity securities of the plan sponsor.

Official record: https://www.congress.gov/bill/107th-congress/house-resolution/386

Text version to examine: Engrossed in House · 2002-04-11.

Official full text: https://www.congress.gov/107/bills/hres386/BILLS-107hres386eh.htm

Imported record last updated by the source: 2025-04-07T13:40:46Z. Verify current status and distinguish any later version from the version above.

Read the official text before answering. If you cannot access it, say so and ask me to provide it; do not assume a link means you have read the document. Distinguish proposals from enacted law, cite sources, and separate facts, interpretation, and uncertain predictions. Include counterarguments even when using a particular perspective.

Examine H.Res.386 through a progressive lens, focusing on fairness, access, economic inequality, and effects on vulnerable communities. Explain potential benefits, costs, and unintended consequences. Consider the strongest counterarguments and distinguish stated goals from demonstrated outcomes.

Institutions and government scope

Conservative lens

Examine H.Res.386 through a conservative lens, focusing on fiscal responsibility, institutional stability, federalism, and the scope of government. Explain potential benefits, costs, and unintended consequences. Consider the strongest counterarguments and any provisions that challenge this perspective.

View full prompt & sources

Discuss H.Res.386, 107th Congress: Providing for consideration of the bill (H.R. 3762) to amend title I of the Employee Retirement Income Security Act of 1974 and the Internal Revenue Code of 1986 to provide additional protections to participants and beneficiaries in individual account plans from excessive investment in employer securities and to promote the provision of retirement investment advice to workers managing their retirement income assets, and to amend the Securities Exchange Act of 1934 to prohibit insider trades during any suspension of the ability of plan participants or beneficiaries to direct investment away from equity securities of the plan sponsor.

Official record: https://www.congress.gov/bill/107th-congress/house-resolution/386

Text version to examine: Engrossed in House · 2002-04-11.

Official full text: https://www.congress.gov/107/bills/hres386/BILLS-107hres386eh.htm

Imported record last updated by the source: 2025-04-07T13:40:46Z. Verify current status and distinguish any later version from the version above.

Read the official text before answering. If you cannot access it, say so and ask me to provide it; do not assume a link means you have read the document. Distinguish proposals from enacted law, cite sources, and separate facts, interpretation, and uncertain predictions. Include counterarguments even when using a particular perspective.

Examine H.Res.386 through a conservative lens, focusing on fiscal responsibility, institutional stability, federalism, and the scope of government. Explain potential benefits, costs, and unintended consequences. Consider the strongest counterarguments and any provisions that challenge this perspective.

Individual rights and government power

Liberty lens

Examine H.Res.386 through a civil-liberties and limited-government lens. Consider individual rights, privacy, voluntary choice, accountability, and government power. Explain tradeoffs, possible safeguards, and the strongest counterarguments without assuming the proposal is beneficial or harmful.

View full prompt & sources

Discuss H.Res.386, 107th Congress: Providing for consideration of the bill (H.R. 3762) to amend title I of the Employee Retirement Income Security Act of 1974 and the Internal Revenue Code of 1986 to provide additional protections to participants and beneficiaries in individual account plans from excessive investment in employer securities and to promote the provision of retirement investment advice to workers managing their retirement income assets, and to amend the Securities Exchange Act of 1934 to prohibit insider trades during any suspension of the ability of plan participants or beneficiaries to direct investment away from equity securities of the plan sponsor.

Official record: https://www.congress.gov/bill/107th-congress/house-resolution/386

Text version to examine: Engrossed in House · 2002-04-11.

Official full text: https://www.congress.gov/107/bills/hres386/BILLS-107hres386eh.htm

Imported record last updated by the source: 2025-04-07T13:40:46Z. Verify current status and distinguish any later version from the version above.

Read the official text before answering. If you cannot access it, say so and ask me to provide it; do not assume a link means you have read the document. Distinguish proposals from enacted law, cite sources, and separate facts, interpretation, and uncertain predictions. Include counterarguments even when using a particular perspective.

Examine H.Res.386 through a civil-liberties and limited-government lens. Consider individual rights, privacy, voluntary choice, accountability, and government power. Explain tradeoffs, possible safeguards, and the strongest counterarguments without assuming the proposal is beneficial or harmful.