U.S. Congress legislation · 119th Congress
HB9214: TSP Modernization Act
Status: In committee, June 9, 2026
To provide for the electronic transfer of amounts from Thrift Savings Fund accounts to qualified retirement plans, and for other purposes.
What the bill says
To provide for the electronic transfer of amounts from Thrift Savings Fund accounts to qualified retirement plans, and for other purposes.
From the introduced text, June 9, 2026:
A BILL To provide for the electronic transfer of amounts from Thrift Savings Fund accounts to qualified retirement plans, and for other purposes. SECTION 1. Short title This Act may be cited as the TSP Modernization Act . SECTION 2. Electronic transfer of amounts in Thrift Savings Fund accounts to qualified retirement plans (a) Electronic transfer (1) In general Notwithstanding any other law, rule, or regulation, beginning on the date that is 1 year after the date of the enactment of this Act, if a transfer of funds is otherwise permitted from an individual's account within the Thrift Savings Fund to a qualified retirement plan at a brokerage firm, such transfer shall be permitted to be made electronically. (2) Information Such electronic transfer may not be made until such individual provides the information necessary to the Executive Director of the Federal Retirement Thrift Investment Board to carry out such transfer. (b) Report On the date that is 1 year after the date of the enactment of this Act, the Executive Director, in consultation with the Secretary of the Treasury, shall submit a report to Congress on the implementation of subsection (a). (c) Definitions In this Act-- (1) the term Thrift Savings Fund means the Thrift Savings Fund established under section 8437 of title 5, United States Code; and (2) the …
Sponsors
- Mike Bost (R, HD-012) · primary sponsor
- Stephanie Bice (R)
- Kat Cammack (R, HD-FL-3)
- Eric Crawford (R)
- Scott DesJarlais (R, HD-004)
- Byron Donalds (R, HD-FL-19)
- Mike Ezell (R, HD-004)
- Michael Guest (R, HD-003)
- Jeff Hurd (R, HD-003)
- Darrell Issa (R)
- Kimberlyn King-Hinds (R, HD-000)
- John McGuire (R, HD-005)
Latest actions
- : Referred to the House Committee on Oversight and Government Reform.
- : Introduced in House
Subjects: Government Operations and Politics
Common questions
- What is HB9214?
- HB9214 is a bill in Congress (119th Congress): TSP Modernization Act.
- What does HB9214 do?
- In its own words: To provide for the electronic transfer of amounts from Thrift Savings Fund accounts to qualified retirement plans, and for other purposes.
- What is the status of HB9214?
- In committee as of June 9, 2026. Latest action: Referred to the House Committee on Oversight and Government Reform. (June 9, 2026).
- Who sponsored HB9214?
- Mike Bost (R, HD-012), with 11 co-sponsors.
- Where is the official record for HB9214?
- On the Congress website: https://www.congress.gov/bill/119th-congress/house-bill/9214
Source: official Congress record. Tracked by Delilah, AI for legislation across all 50 states and Congress.