Massachusetts legislation · 194th General Court
Massachusetts H2809: An Act requiring administrators of certain retirement plans to disclose conflicts of interest
Status: Failed, March 30, 2026
What the bill says
From the introduced text, February 27, 2025:
SECTION 1. Section 37b of Chapter 71 of the General Laws, as appearing in the 2020 Official Edition is hereby amended by inserting after the word “individual” in line 56 the following:- “On or after January 1, 2026, any company that administers a retirement plan offered by a political subdivision of the state to the employees of such political subdivision shall disclose to each participant in such retirement plan: (1) The fee ratio and return, net of fees, for each investment under the retirement plan, and (2) the fees paid to any person who, for compensation, engages in the business of providing investment advice to participants in the retirement plan either directly or through publications or writings. Such disclosures shall be made upon initial enrollment in the retirement plan and at least annually thereafter. For the purposes of this section, "retirement plan" means any retirement plan created in accordance with the provisions of Section 403(b) of the Internal Revenue Code of 1986, or any subsequent corresponding internal revenue code of the United States, as amended from time to time.”
Sponsors
- Carol Doherty (D, 3rd Bristol) · primary sponsor
- Natalie Higgins (D, 4th Worcester)
- Jacob Oliveira (D)
- James Hawkins (D, 2nd Bristol)
- Erika Uyterhoeven (D, 27th Middlesex)
- Danillo Sena (D)
- Rodney Elliott (D)
- Christopher Flanagan (D)
- Michael Brady (D, Second Plymouth and Norfolk)
- Vanna Howard (D, 17th Middlesex)
Latest actions
- : Accompanied a study order, see H5312 (under House Rule 27)
- : Hearing rescheduled to 07/09/2025 from 01:00 PM-05:00 PM in A-2
- : Senate concurred
- : Referred to the committee on Public Service
- : Reported by committee to Clerk’s Office for processing, will accompany a study order
Common questions
- What is H2809?
- H2809 is a bill in the Massachusetts Legislature (194th General Court): An Act requiring administrators of certain retirement plans to disclose conflicts of interest.
- What is the status of H2809?
- Failed as of March 30, 2026. Latest action: Accompanied a study order, see H5312 (under House Rule 27) (March 30, 2026).
- Who sponsored H2809?
- Carol Doherty (D, 3rd Bristol), with 9 co-sponsors.
- Where is the official record for H2809?
- On the Massachusetts Legislature website: https://malegislature.gov/Bills/194/H2809
Source: official Massachusetts record. Tracked by Delilah, AI for legislation across all 50 states and Congress.