S.J.Res. 33 · 114th Congress
A joint resolution providing for congressional disapproval under chapter 8 of title 5, United States Code, of…
Full title
A joint resolution providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Department of Labor relating to the definition of the term "fiduciary" and the conflict of interest rule with respect to retirement investment advice.
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Never voted on. It didn't reach a floor vote before the 114th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
R
IsaksonSponsor41 cosponsors · 41 R
R
Alexander
KA
R
Ayotte
RB
R
Blunt
JB
R
Boozman
JB
R
Barrasso
DC
R
Coats
TC
R
Cochran
MC
R
Crapo
SC
R
Capito
BC
R
Cassidy
SD
R
Daines
ME
R
Enzi
JE
R
Ernst
DF
R
Fischer
OH
R
Hatch
JI
R
Inhofe
RJ
R
Johnson
MK
R
Kirk
JL
R
Lankford
ML
R
Lee
MM
R
McConnell
JM
R
Moran
LM
R
Murkowski
RP
R
Paul
DP
R
Perdue
PR
R
Roberts
MR
R
Rubio
TS
R
Scott
BS
R
Sasse
JT
R
Thune
TT
R
Tillis
DV
R
Vitter
RW
R
Wicker
BC
R
Corker
MR
R
Rounds
TC
R
Cruz
DH
R
Heller
JC
R
Cornyn
CG
R
Gardner
JF
R
Flake
JM
R
McCain33 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
This joint resolution disapproves and nullifies a Department of Labor rule published on April 8, 2016, relating to the definition of the term "fiduciary" and the conflict of interest rule with respect to retirement investment advice.
What it does: CRS summary · Introduced in Senate · Apr 18, 2016
This joint resolution disapproves and nullifies a Department of Labor rule published on April 8, 2016, relating to the definition of the term "fiduciary" and the conflict of interest rule with respect to retirement investment advice.
(The rule defines who is a fiduciary with respect to pension and retirement plans. Under current law, a person who provides investment advice has a fiduciary obligation that requires the person to provide advice in the sole interest of plan participants and beneficiaries. The rule changes the definition of "investment advice" to treat people who provide investment advice to pension and retirement plans for a fee or other compensation as fiduciaries in a wider array of advice relationships.)
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: A joint resolution providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Department of Labor relating to the definition of the term "fiduciary" and the conflict of interest rule with respect to retirement investment advice.
Latest action (Apr 18, 2016): Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
Policy area: Labor and Employment · Origin: Senate · Introduced: Apr 18, 2016
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.