EBSA Investigations Transparency Act
Sponsored By: Representative McClain, Lisa C. [R-MI-9]
In Committee
Summary
Annual public reporting of EBSA investigations. This bill would require the Employee Benefit Security Administration (EBSA) to submit a yearly report to Congress listing each enforcement investigation's regional or district office, investigation opening date, the date EBSA first requested documents, and whether the investigation closed within a 36-month period measured from that document request date.
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- Plan sponsors, fiduciaries, and service providers: Their names and other identifying details must be excluded, so the report shows activity without naming private parties.
- Employees and plan participants: Personal identities are protected because the bill bars reporting any information that would identify individuals involved in investigations.
- EBSA: Would face a formal annual reporting duty with specific data fields and must provide explanations and estimated completion dates for investigations that exceed a 36-month window.
- Congress and the public: Would receive standardized, year-by-year data on investigation timing and regional activity, increasing oversight and public accountability.
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Bill Overview
No Economic Impacts Identified for this Bill
Sponsors & CoSponsors
Sponsor
McClain, Lisa C. [R-MI-9]
MI • R
Cosponsors
Rep. Walberg, Tim [R-MI-5]
MI • R
Sponsored 4/10/2025
Rep. Owens, Burgess [R-UT-4]
UT • R
Sponsored 4/10/2025
Rep. Miller-Meeks, Mariannette [R-IA-1]
IA • R
Sponsored 5/19/2025
Roll Call Votes
No roll call votes available for this bill.
View on Congress.gov