I will support sending the INVEST Act to the President to give 403(b) plan participants access to the same investment products available in comparable retirement plans like 401(k)s.

Frank D. Lucas · Oklahoma · Republican

policy impact 0.62 specificity 0.86 extraction confidence 88%

Commitment kind: unknown. Promised action: not established. Promised outcome: not established. Deadline: unknown; not assumed expired.

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Occurrences

The INVEST Act includes my bill providing parity between the investments available to 403(b) plans and other comparable retirement plans like 401(k)s. Workers who rely on 403(b) plans, like teachers, healthcare workers, and nonprofit employees, should have access to the same investment products available to others so they can save and prepare for the future. It is past time to send the bill to the President’s desk.

Lucas said the INVEST Act includes his bill to provide investment parity for 403(b) retirement plans and urged sending the bill to the President.

Full Committee Reviews Record of Administration and Republicans Supporting Economic Growth | U.S. House Committee on Financial Services
primary · press_release · model gpt-5.5

Evidence

unverified · Source version 58144 · locator unknown

Status: Passed Lucas | Republican | OK | Aye

Unverified model/legacy excerpt; not proof. AI summary (separate from source): Lucas voted Aye on House passage of H.R. 3383, the INVEST Act vehicle. This documents concrete support and House passage, but not enactment.

partial same_term A for effort

Office of the Clerk, U.S. House of Representatives
secondary · model gpt-5.5 · confidence 97%

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verified · Source version 58146 · locator 1371

Received; read twice and referred to the Committee on Banking, Housing, and Urban Affairs

Fetched verbatim passage. AI summary (separate from source): After House passage, the official Senate version shows H.R. 3383 was referred to Senate Banking rather than sent to the President. As of the refresh, the commitment remains unresolved despite documented effort.

unresolved same_term A for effort

H.R. 3383 (RFS) - Incentivizing New Ventures and Economic Strength Through Capital Formation Act of 2025 - BILLS-119hr3383rfs | Content Details | GovInfo
secondary · model gpt-5.5 · confidence 96%

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unverified · Source version 70297 · locator unknown

H.R. 3383 (H. Res. 936).-- To amend the Investment Company Act of 1940 with respect to the authority of closed-end companies to invest in private funds. Referred to Financial Services May 14, 2025. Reported amended June 25, 2025; Rept. 119-169. Union Calendar. Considered Dec. 10, 2025. Passed House amended Dec. 11, 2025; Roll No. 328: 302-123. Received in Senate and referred to Banking, Housing, and Urban Affairs Dec. 15, 2025.

Unverified model/legacy excerpt; not proof. AI summary (separate from source): The latest official House Calendar available in the lookback-adjacent period still lists H.R. 3383 as passed by the House and referred to Senate Banking on December 15, 2025, with no enactment or presentation to the President shown.

unresolved same_term A for effort

House Calendars for September 24, 2026 - 119th Congress, 2nd Session-HISTORY OF BILLS AND RESOLUTIONS - HOUSE BILLS
secondary · model gpt-5.5 · confidence 97%

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unverified · Source version 82429 · locator unknown

H.R. 3383 (H. Res. 936).-- To amend the Investment Company Act of 1940 with respect to the authority of closed-end companies to invest in private funds. Referred to Financial Services May 14, 2025. Reported amended June 25, 2025; Rept. 119-169. Union Calendar. Considered Dec. 10, 2025. Passed House amended Dec. 11, 2025; Roll No. 328: 302-123. Received in Senate and referred to Banking, Housing, and Urban Affairs Dec. 15, 2025.

Unverified model/legacy excerpt; not proof. AI summary (separate from source): The official House Calendar published during the lookback window still lists H.R. 3383 as having passed the House and then been referred to Senate Banking on December 15, 2025, with no presentation to the President or enactment shown.

unresolved same_term A for effort

House Calendars for October 5, 2026 - 119th Congress, 2nd Session-HISTORY OF BILLS AND RESOLUTIONS - HOUSE BILLS
secondary · model gpt-5.5 · confidence 97%

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unverified · Source version 93000 · locator unknown

Received in Senate and referred to Banking, Housing, and Urban Affairs Dec. 15, 2025.

Unverified model/legacy excerpt; not proof. AI summary (separate from source): The October 19 official calendar still lists Senate Banking referral as the latest action on H.R. 3383, the INVEST Act. No subsequent Senate passage, presentation to the President, or enactment is recorded. The commitment remains unresolved during the lookback window; Lucas’s previously documented support remains concrete effort.

unresolved same_term

House Calendars for October 19, 2026 - 119th Congress, 2nd Session-HISTORY OF BILLS AND RESOLUTIONS - HOUSE BILLS
secondary · model gpt-6.1-sol · confidence 98%

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