H.J.Res. 30 · 118th Congress
Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted…
Full title
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".
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119 cosponsors · 119 R
74 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
- House Introduced Feb 7, 2023
- House Passed Feb 28, 2023 216–204
- Senate Passed Mar 1, 2023 50–46
- President To the President Mar 9, 2023
- President Vetoed Mar 20, 2023
- House Veto sustained Mar 23, 2023 219–200
This joint resolution nullifies a Department of Labor rule concerning the fiduciary duties with respect to employee benefit plans.
What it does: CRS summary · Passed Senate · Mar 1, 2023
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.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
Votes to become law
About this bill and sources
Official title: 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.
Policy area: Labor and Employment · Origin: House · Introduced: Feb 7, 2023
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML) · Embed in your story
- House Introduced Feb 7, 2023
- House Passed Feb 28, 2023 216–204
- Senate Passed Mar 1, 2023 50–46
- President To the President Mar 9, 2023
- President Vetoed Mar 20, 2023
- House Veto sustained Mar 23, 2023 219–200
Final vote · House · Mar 23, 2023
Overriding the President's veto — Failed. Vote details
Speaker of the House: Kevin McCarthy
Table of every position
All recorded votes (3)
- Overriding the President's veto Failed
House · Mar 23, 2023 · “Passage, Objections of the President To The Contrary Notwithstanding” · Speaker: Kevin McCarthy - Passage Joint Resolution Passed
Senate · Mar 1, 2023 · “On the Joint Resolution H.J.Res. 30” · Majority Leader: Charles E. Schumer - Passage Passed
House · Feb 28, 2023 · “On Passage” · Speaker: Kevin McCarthy