Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Department of Labor relating to "Prudence and Loyalty in Selecting Plan Investments and Exercising Shareholder Rights".
Latest action · Mar 23, 2023 The Chair directed the Clerk to notify the Senate of the action of the House.
Progress
Where this resolution reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedFeb 7, 2023
- Passed HouseFeb 28, 2023
- Passed SenateMar 1, 2023
- To the PresidentMar 9, 2023
- VetoedMar 20, 2023
Summary
This joint resolution nullifies a Department of Labor rule concerning the fiduciary duties with respect to employee benefit plans.
Under the rule issued on December 1, 2022, plan fiduciaries may consider climate change and other environmental, social, and governance factors when they make investment decisions and when they exercise shareholder rights, including voting on shareholder resolutions and board nominations.
Recorded votes 3
Newest first. Open one to see how every member voted.
| Roll call | Question | Result | Date |
|---|---|---|---|
| House 149 | Passage, Objections of the President To The Contrary Notwithstanding | Failed219–200 | Mar 23, 2023 |
| Senate 35 | On the Joint Resolution H.J.Res. 30 | Joint Resolution Passed50–46 | Mar 1, 2023 |
| House 124 | On Passage | Passed216–204 | Feb 28, 2023 |
Cosponsors 119
Members who signed on, in the order they did. Signatures ran from Feb 7, 2023 to Feb 28, 2023, with 74 there on the day it was introduced.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| R-WV | Alexander X. Mooney | Original | Feb 7, 2023 |
| R-TN | Andrew Ogles | Original | Feb 7, 2023 |
| R-AZ | Andy Biggs | Original | Feb 7, 2023 |
| R-MO | Ann Wagner | Original | Feb 7, 2023 |
| R-TX | August Pfluger | Original | Feb 7, 2023 |
| R-GA | Austin Scott | Original | Feb 7, 2023 |
| R-GA | Barry Loudermilk | Original | Feb 7, 2023 |
| R-TX | Beth Van Duyne | Original | Feb 7, 2023 |
| R-MI | Bill Huizenga | Original | Feb 7, 2023 |
| R-FL | Bill Posey | Original | Feb 7, 2023 |
| R-MO | Blaine Luetkemeyer | Original | Feb 7, 2023 |
| R-UT | Blake D. Moore | Original | Feb 7, 2023 |
| R-VA | Bob Good | Original | Feb 7, 2023 |
| R-MN | Brad Finstad | Original | Feb 7, 2023 |
| R-OH | Brad R. Wenstrup | Original | Feb 7, 2023 |
Actions 31
Everything that happened, newest first.
- Mar 23, 2023DEBATE - Pursuant to section 4 of H. Res. 199, the unfinished business is the further consideration of the veto message of the President on H.J. Res. 30. The House proceeded with one hour of debate on the objections of the President to the contrary notwithstanding. (consideration: CR H1383-1386)
- Mar 23, 2023Failed of passage in House over veto On passage, the objections of the President to the contrary notwithstanding Failed by the Yeas and Nays: (2/3 required): 219 - 200 (Roll no. 149).
- Mar 23, 2023Motion to refer the bill and accompanying veto message to the Committee on Education and the Workforce.
- Mar 23, 2023On motion to refer the bill and the accompanying veto message to the Committee on Education and the Workforce. Agreed to without objection.
- Mar 23, 2023On passage, the objections of the President to the contrary notwithstanding Failed by the Yeas and Nays: (2/3 required): 219 - 200 (Roll no. 149).
Related bills 2
Companion bills and other measures the record links to this one.
Subjects
Assigned by the Library of Congress. Policy area: Labor and Employment.
Text 4
Each version as it was printed, newest first.
- —Enrolled Bill
- Mar 1, 2023Received in Senate
- Feb 28, 2023Engrossed in House
- Feb 7, 2023Introduced in House
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this resolution on Congress.gov and govinfo.gov.