# 116-hr-8695: Protecting Retirement Savers and Everyday Investors Act

116-hr-8695, Protecting Retirement Savers and Everyday Investors Act, is a 116th Congress bill sponsored by Rep. McHenry, Patrick T. [R-NC-10] (R-NC); status Referred to the House Committee on the Judiciary. (as of 2025-11-18).

- Canonical: https://policyrisk.com/legislation/116-hr-8695
- As of: 2025-11-18
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 116-hr-8695
- Congress: 116
- Title: Protecting Retirement Savers and Everyday Investors Act
- Status: Referred to the House Committee on the Judiciary.
- Introduced: 2020-10-27
- Sponsor: Rep. McHenry, Patrick T. [R-NC-10] (R-NC)
- Cosponsors: 2
- Policy area: Finance and Financial Sector
- Touches household money: no
- Last recorded action: 2025-11-18

## Summary

Protecting Retirement Savers and Everyday Investors Act This bill prohibits states and local governments from imposing taxes upon a securities industry participant based on the number, volume, or value of securities transactions processed or consummated by the participant, with exceptions.

## Cosponsors (2)

- Rep. Huizenga, Bill [R-MI-4] (R-MI), 2020-10-27T00:00:00.000Z
- Rep. Steil, Bryan [R-WI-1] (R-WI), 2020-11-09T00:00:00.000Z

## Related bills

- 116-hr-8280: Gig Worker Equity Compensation Act
- 116-hr-6269: Insured Depository Institution Business Continuity Planning Act of 2020
- 116-hr-6242: SEC Relief to Slow the Spread of Coronavirus Act of 2020
- 116-hr-6116: Consumer Financial Protection Commission Act
- 116-hr-4692: Countering Turkish Aggression Act of 2019
- 116-hr-4458: Cybersecurity and Financial System Resilience Act of 2019

## Sources
- [116-hr-8695 on Congress.gov](https://www.congress.gov/bill/116th-congress/house-bill/8695)

## Related
- [116-hr-8280: Gig Worker Equity Compensation Act](https://policyrisk.com/legislation/116-hr-8280)
- [116-hr-6269: Insured Depository Institution Business Continuity Planning Act of 2020](https://policyrisk.com/legislation/116-hr-6269)
- [116-hr-6242: SEC Relief to Slow the Spread of Coronavirus Act of 2020](https://policyrisk.com/legislation/116-hr-6242)
- [116-hr-6116: Consumer Financial Protection Commission Act](https://policyrisk.com/legislation/116-hr-6116)
- [116-hr-4692: Countering Turkish Aggression Act of 2019](https://policyrisk.com/legislation/116-hr-4692)
- [116-hr-4458: Cybersecurity and Financial System Resilience Act of 2019](https://policyrisk.com/legislation/116-hr-4458)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/116-hr-8695 (as of 2025-11-18).