United States · Bill · HR
H.R. 3857 (115th)
PASS Act of 2017
Introduced
27 September 2017
Last action
28 December 2018 · Discharge
Status
Placed on the Union Calendar, Calendar No. 865.
Sponsors
Rep. Wagner, Ann [R-MO-2], Rep. Barr, Andy [R-KY-6], Rep. Messer, Luke [R-IN-6], David Trott, Rep. Posey, Bill [R-FL-8], Rep. Williams, Roger [R-TX-25], Sen. Budd, Ted [R-NC], Rep. Hollingsworth, Trey [R-IN-9], Rep. Kustoff, David [R-TN-8], Rep. Luetkemeyer, Blaine [R-MO-3], Rep. Hill, J. French [R-AR-2], Rep. Hultgren, Randy [R-IL-14], Rep. Tenney, Claudia [R-NY-24], Sen. McSally, Martha [R-AZ], Rep. Rothfus, Keith J. [R-PA-12], Rep. Sessions, Pete [R-TX-17]
Subjects
Discovery layer
Source updated
21 July 2025
Summary
Protecting Advice for Small Savers Act of 2017 or the PASS Act of 2017 This bill nullifies the Department of Labor's "fiduciary duty" rule (which requires a retirement advisor to act in the best interest of the investor) and otherwise revises standards of conduct for brokers and dealers.
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
13 July 2017
Committee
Hearings Held by the Subcommittee on Capital Markets Prior to Introduction and Referral.
Source: Committee
27 September 2017
Introduced
Referred to the Committee on Financial Services, and in addition to the Committees on Ways and Means, and Education and the Workforce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Source: IntroReferral
27 September 2017
Introduced
Introduced in House
Source: IntroReferral
27 September 2017
Introduced
Introduced in House
Source: IntroReferral
11 October 2017
Committee
Committee Consideration and Mark-up Session Held.
Source: Committee
12 October 2017
Vote
Ordered to be Reported by the Yeas and Nays: 34 - 26.
Source: Committee
12 October 2017
Committee
Committee Consideration and Mark-up Session Held.
Source: Committee
10 August 2018
Introduced
House Committee on Ways and Means Granted an extension for further consideration ending not later than Nov. 16, 2018.
Source: IntroReferral
10 August 2018
Reported
Reported by the Committee on Financial Services. H. Rept. 115-894, Part I.
Source: Committee
10 August 2018
Reported
Reported by the Committee on Financial Services. H. Rept. 115-894, Part I.
Source: Committee
16 November 2018
Introduced
House Committee on Ways and Means Granted an extension for further consideration ending not later than Dec. 28, 2018.
Source: IntroReferral
28 December 2018
Calendars
Placed on the Union Calendar, Calendar No. 865.
Source: Calendars
28 December 2018
Committee
Committee on Ways and Means discharged.
Source: Committee
28 December 2018
Discharge
Committee on Ways and Means discharged.
Source: Discharge
Votes
No vote records are attached yet.
Versions
- Reported in House · 28 December 2018 · Download file
- Introduced in House · 27 September 2017 · Download file
Documents
5 official files
Reported in House (text)
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Leesvertaling
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Reported in House (text)
Reported in House · EN · 28 December 2018
Reported in House (PDF)
Reported in House · EN · 28 December 2018
ViewDownloadOpen at official source
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Introduced in House (text)
Introduced in House · EN · 27 September 2017
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Introduced in House (PDF)
Introduced in House · EN · 27 September 2017
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Introduced in House
summary · EN · 27 September 2017
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Sponsors
- Rep. Wagner, Ann [R-MO-2] · R · Sponsor
- Rep. Barr, Andy [R-KY-6] · R · Sponsor
- Rep. Messer, Luke [R-IN-6] · R · Sponsor
- David Trott · R · Sponsor
- Rep. Posey, Bill [R-FL-8] · R · Sponsor
- Rep. Williams, Roger [R-TX-25] · R · Sponsor
- Sen. Budd, Ted [R-NC] · R · Sponsor
- Rep. Hollingsworth, Trey [R-IN-9] · R · Sponsor
- Rep. Kustoff, David [R-TN-8] · R · Sponsor
- Rep. Luetkemeyer, Blaine [R-MO-3] · R · Cosponsor
- Rep. Hill, J. French [R-AR-2] · R · Cosponsor
- Rep. Hultgren, Randy [R-IL-14] · R · Cosponsor
- Rep. Tenney, Claudia [R-NY-24] · R · Cosponsor
- Sen. McSally, Martha [R-AZ] · R · Cosponsor
- Rep. Rothfus, Keith J. [R-PA-12] · R · Cosponsor
- Rep. Sessions, Pete [R-TX-17] · R · Cosponsor
- · hsed00 · Standing
- · hswm00 · Standing
- · hsba00 · Standing
Related records
No cross-record relationships stored yet.
Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/115th-congress/house-bill/3857
- Open data entity: https://api.congress.gov/v3/bill/115/hr/3857
- us · 115-hr-3857 · source updated 21 July 2025