# 119-s-4360: INSIGHT Act

119-s-4360, INSIGHT Act, is a 119th Congress bill sponsored by Sen. Banks, Jim [R-IN] (R-IN); status introduced; PRIA reads it as touching household money (as of 2026-05-15).

- Canonical: https://policyrisk.com/legislation/119-s-4360
- As of: 2026-05-15
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-s-4360
- Congress: 119
- Title: INSIGHT Act
- Status: introduced
- Introduced: 2026-04-21
- Sponsor: Sen. Banks, Jim [R-IN] (R-IN)
- Cosponsors: 3
- Policy area: Labor and Employment
- Touches household money: yes
- Last recorded action: 2026-05-15

## Summary

**Greater transparency for ERISA enforcement and limits on secret help to plaintiff attorneys.** This bill would require public reporting on the status of Employee Retirement Income Security Act investigations and force written agreements when the Department of Labor provides certain assistance to private attorneys, while declaring a congressional policy to support voluntary pension plan sponsorship. - Workers and retirees would get clearer signals about investigations that affect pension plans. Annual reports must show who opened each probe, when it began, when documents were first requested, and whether the matter closed within a 36-month window. - Employers, plan sponsors, and fiduciaries would be notified before the Secretary gives "adverse assistance" to an attorney. The bill would require a written agreement describing the scope of that help and a copy provided to any employer or fiduciary that might be directly and adversely affected. - The Department of Labor's Employee Benefits Security Administration and outside attorneys would face new disclosure steps. Reports must include redacted agreements, logs of communications, and explanations of how each agreement fits the law’s policy on voluntary pension sponsorship.

## Cosponsors (3)

- Sen. Cassidy, Bill [R-LA] (R-LA), 2026-04-21T00:00:00.000Z
- Sen. Tuberville, Tommy [R-AL] (R-AL), 2026-04-21T00:00:00.000Z
- Sen. Scott, Tim [R-SC] (R-SC), 2026-04-21T00:00:00.000Z

## Provisions PRIA read

- Notice rules for employer pension investigations: benefit, low. If enacted, the bill would require the Secretary of Labor to sign a written agreement before giving "adverse assistance" to an attorney. Adverse assistance would mean help or information directed to an attorney for potential use in a civil action under section 502(a). The Department would give a co…

## Related bills

- 119-s-292: Educational Choice for Children Act of 2025
- 119-s-3752: SAVE America Act
- 119-s-4744: Take Care of America’s Veterans Act
- 119-s-401: Fair Access to Banking Act
- 119-s-2511: College Transparency Act
- 119-s-186: No Taxpayer Funding for Abortion and Abortion Insurance Full Disclosure Act of 2025

## Sources
- [119-s-4360 on Congress.gov](https://www.congress.gov/bill/119th-congress/senate-bill/4360)

## Related
- [119-s-292: Educational Choice for Children Act of 2025](https://policyrisk.com/legislation/119-s-292)
- [119-s-3752: SAVE America Act](https://policyrisk.com/legislation/119-s-3752)
- [119-s-4744: Take Care of America’s Veterans Act](https://policyrisk.com/legislation/119-s-4744)
- [119-s-401: Fair Access to Banking Act](https://policyrisk.com/legislation/119-s-401)
- [119-s-2511: College Transparency Act](https://policyrisk.com/legislation/119-s-2511)
- [119-s-186: No Taxpayer Funding for Abortion and Abortion Insurance Full Disclosure Act of…](https://policyrisk.com/legislation/119-s-186)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-s-4360 (as of 2026-05-15).