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; 74 are original cosponsors, there from 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 |
| R-WI | Bryan Steil | Original | Feb 7, 2023 |
| R-UT | Burgess Owens | Original | Feb 7, 2023 |
| R-FL | Byron Donalds | Original | Feb 7, 2023 |
| R-WV | Carol D. Miller | Original | Feb 7, 2023 |
| R-WA | Cathy McMorris Rodgers | Original | Feb 7, 2023 |
| R-TX | Chip Roy | Original | Feb 7, 2023 |
| R-UT | Chris Stewart | Original | Feb 7, 2023 |
| R-NC | Dan Bishop | Original | Feb 7, 2023 |
| R-TX | Dan Crenshaw | Original | Feb 7, 2023 |
| R-WA | Dan Newhouse | Original | Feb 7, 2023 |
| R-PA | Daniel Meuser | Original | Feb 7, 2023 |
| R-TN | David Kustoff | Original | Feb 7, 2023 |
| R-OH | David P. Joyce | Original | Feb 7, 2023 |
| R-SD | Dusty Johnson | Original | Feb 7, 2023 |
| R-GA | Earl L. "Buddy" Carter | Original | Feb 7, 2023 |
| R-NY | Elise M. Stefanik | Original | Feb 7, 2023 |
| R-AR | Eric A. "Rick" Crawford | Original | Feb 7, 2023 |
| R-IN | Erin Houchin | Original | Feb 7, 2023 |
| R-AL | Gary J. Palmer | Original | Feb 7, 2023 |
| R-NC | Gregory F. Murphy | Original | Feb 7, 2023 |
| R-PA | Guy Reschenthaler | Original | Feb 7, 2023 |
| R-AR | J. French Hill | Original | Feb 7, 2023 |
| R-KS | Jake LaTurner | Original | Feb 7, 2023 |
| R-IN | James R. Baird | Original | Feb 7, 2023 |
| R-SC | Jeff Duncan | Original | Feb 7, 2023 |
| R-TX | Jodey C. Arrington | Original | Feb 7, 2023 |
| R-FL | John H. Rutherford | Original | Feb 7, 2023 |
| R-MI | John R. Moolenaar | Original | Feb 7, 2023 |
| R-TN | John W. Rose | Original | Feb 7, 2023 |
| R-FL | Kat Cammack | Original | Feb 7, 2023 |
| R-ND | Kelly Armstrong | Original | Feb 7, 2023 |
| R-TX | Lance Gooden | Original | Feb 7, 2023 |
| R-IA | Mariannette Miller-Meeks | Original | Feb 7, 2023 |
| R-IL | Mary E. Miller | Original | Feb 7, 2023 |
| R-MS | Michael Guest | Original | Feb 7, 2023 |
| R-NY | Michael Lawler | Original | Feb 7, 2023 |
| R-MS | Mike Ezell | Original | Feb 7, 2023 |
| R-NE | Mike Flood | Original | Feb 7, 2023 |
| R-LA | Mike Johnson | Original | Feb 7, 2023 |
| R-TX | Pete Sessions | Original | Feb 7, 2023 |
| R-SC | Ralph Norman | Original | Feb 7, 2023 |
| R-TX | Randy K. Weber, Sr. | Original | Feb 7, 2023 |
| R-GA | Rick W. Allen | Original | Feb 7, 2023 |
| R-AL | Robert B. Aderholt | Original | Feb 7, 2023 |
| R-TX | Roger Williams | Original | Feb 7, 2023 |
| R-MT | Ryan K. Zinke | Original | Feb 7, 2023 |
| R-TN | Scott DesJarlais | Original | Feb 7, 2023 |
| R-WI | Scott Fitzgerald | Original | Feb 7, 2023 |
| R-PA | Scott Perry | Original | Feb 7, 2023 |
| R-LA | Steve Scalise | Original | Feb 7, 2023 |
| R-WI | Thomas P. Tiffany | Original | Feb 7, 2023 |
| R-TN | Tim Burchett | Original | Feb 7, 2023 |
| R-MN | Tom Emmer | Original | Feb 7, 2023 |
| R-CA | Tom McClintock | Original | Feb 7, 2023 |
| R-KS | Tracey Mann | Original | Feb 7, 2023 |
| R-OH | Troy Balderson | Original | Feb 7, 2023 |
| R-NC | Virginia Foxx | Original | Feb 7, 2023 |
| R-OH | Warren Davidson | Original | Feb 7, 2023 |
| R-IA | Zachary Nunn | Original | Feb 7, 2023 |
| R-NY | Brandon Williams | Feb 9, 2023 | |
| R-CA | Doug LaMalfa | Feb 9, 2023 | |
| R-TX | Jake Ellzey | Feb 9, 2023 | |
| R-MN | Michelle Fischbach | Feb 9, 2023 | |
| R-SC | Nancy Mace | Feb 9, 2023 | |
| R-FL | Neal P. Dunn | Feb 9, 2023 | |
| R-MN | Pete Stauber | Feb 9, 2023 | |
| R-TX | Ronny Jackson | Feb 9, 2023 | |
| R-OK | Stephanie I. Bice | Feb 9, 2023 | |
| R-FL | Aaron Bean | Feb 27, 2023 | |
| R-IA | Ashley Hinson | Feb 27, 2023 | |
| R-AL | Barry Moore | Feb 27, 2023 | |
| R-FL | Carlos A. Gimenez | Feb 27, 2023 | |
| R-NC | David Rouzer | Feb 27, 2023 | |
| R-AZ | Debbie Lesko | Feb 27, 2023 | |
| R-WI | Derrick Van Orden | Feb 27, 2023 | |
| R-MO | Eric Burlison | Feb 27, 2023 | |
| R-WI | Glenn Grothman | Feb 27, 2023 | |
| R-PA | Glenn Thompson | Feb 27, 2023 | |
| D-NJ | Jefferson Van Drew | Feb 27, 2023 | |
| R-IN | Jim Banks | Feb 27, 2023 | |
| R-SC | Joe Wilson | Feb 27, 2023 | |
| R-UT | John R. Curtis | Feb 27, 2023 | |
| R-OK | Josh Brecheen | Feb 27, 2023 | |
| R-LA | Julia Letlow | Feb 27, 2023 | |
| R-CA | Kevin Kiley | Feb 27, 2023 | |
| R-CO | Lauren Boebert | Feb 27, 2023 | |
| R-MI | Lisa C. McClain | Feb 27, 2023 | |
| R-PA | Lloyd Smucker | Feb 27, 2023 | |
| R-MT | Matthew M. Rosendale, Sr. | Feb 27, 2023 | |
| R-OH | Max L. Miller | Feb 27, 2023 | |
| R-TX | Michael T. McCaul | Feb 27, 2023 | |
| R-CA | Michelle Steel | Feb 27, 2023 | |
| R-IL | Mike Bost | Feb 27, 2023 | |
| R-TX | Nathaniel Moran | Feb 27, 2023 | |
| R-AZ | Paul A. Gosar | Feb 27, 2023 | |
| R-IA | Randy Feenstra | Feb 27, 2023 | |
| R-GA | Richard McCormick | Feb 27, 2023 | |
| R-KS | Ron Estes | Feb 27, 2023 | |
| R-MI | Tim Walberg | Feb 27, 2023 | |
| R-TX | Troy E. Nehls | Feb 27, 2023 | |
| R-FL | Vern Buchanan | Feb 27, 2023 | |
| R-TX | Wesley Hunt | Feb 27, 2023 | |
| R-VA | Ben Cline | Feb 28, 2023 | |
| R-SC | Russell Fry | Feb 28, 2023 |
Committees 1
Where it was sent and what each committee and subcommittee did with it, in order.
| Chamber | Committee | What it did |
|---|---|---|
| House | Education and Workforce Committee | Referred Feb 7, 2023 |
Actions 29
Everything that happened, newest first.
- Mar 23, 2023The Chair laid before the House the veto message from the President.
- 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, 2023The previous question was ordered without objection.
- 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, 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).
In the Congressional Record 6
Days the Record’s own index lists this resolution, newest first, with the pages and the members it names. Pages starting H are the House, S the Senate, E Extensions of Remarks.
| Where | In the Record | Members | Date |
|---|---|---|---|
| House · Senate | Debate and remarks H1335, H1383–H1386, S917Recorded votes H1385override vetoMessages H1384Veto of H.J. Res. 30, Disapprove Dept. of Labor Rule Entitled ‘‘Prudence and Loyalty in Selecting Plan Investments and Exercising Shareholder Rights’’: President Biden | Betty McCollum D-MN, Charles E. Schumer D-NY, Robert C. "Bobby" Scott D-VA (message), Sean Casten D-IL, Virginia Foxx R-NC | Mar 23, 2023 |
| House | Messages H1299Veto of H.J. Res. 30, Disapprove Dept. of Labor Rule Entitled ‘‘Prudence and Loyalty in Selecting Plan Investments and Exercising Shareholder Rights’’: President Biden | — | Mar 21, 2023 |
| House | Debate and remarks H1161–H1173Text printed H1161Amendments H1162, H1171Recorded votes H1171, H1172postpone consideration of veto message (H. Res. 199), previous question | James P. McGovern D-MA (amendment), Thomas Massie R-KY (amendment) | Mar 8, 2023 |
| Senate | Debate and remarks S629 | Bill Cassidy R-LA | Mar 2, 2023 |
| Senate | Debate and remarks S541, S543, S550–S556Recorded votes S556disapprove | Brian Schatz D-HI, Charles E. Schumer D-NY, Elizabeth Warren D-MA, Joe Manchin III D-WV, Mark R. Warner D-VA, Patty Murray D-WA, Sheldon Whitehouse D-RI, Thomas R. Carper D-DE, Tina Smith D-MN | Mar 1, 2023 |
Research
What has been written about this resolution: committee reports, cost estimates, the sponsor’s authority statement, printed hearings and the Congressional Research Service’s work.
Congressional Budget Office cost estimate
- Feb 27, 2023H.J. Res. 30, 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"As posted on the Website of the House Committee on Rules on February 23, 2023
Constitutional authority
The sponsor’s statement, as printed in the Congressional Record, vol. 169, no. 25, February 7, 2023, page H738.
CRS reports 3
Congressional Research Service work that CRS links to this resolution or the law it became, newest first.
Cite it 3
Products on other subjects that cite it, usually among other measures.
| Product | Title | Kind | Published |
|---|---|---|---|
| IF12328 | Department of Labor Guidance and Regulations on Selecting Private-Sector Pension Plan Investments | Resource | Jan 8, 2026 |
| IF12362 | Department of Labor Guidance and Regulations on the Exercise of Shareholder Rights by Private Sector Pension Plans | Resource | Jan 8, 2026 |
| R47996 | Pensions and Individual Retirement Accounts (IRAs): Investment Issues | Report | Nov 4, 2024 |
Related bills 3
Companion bills and other measures the record links to this one.
Titles 1
Every title it has carried, official and short, at each stage.
- Official Title as Introduced
- 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".
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; cost estimates are the Congressional Budget Office's, and the hearings are the printed hearings GovInfo publishes, which can appear months after the hearing.