H.J.Res. 103 · 117th Congress · House

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".

Active· Referred to the House Committee on Education and Labor.
Introduced
Dec 15, 22
Passed House
Pending
Passed Senate
Pending
Sent to President
Pending
Signed into Law
Pending

Frequently Asked

The basics

Who introduced it, and what's their district or state?
Andy Barr (Republican-KY-6).
Is this a Republican bill, a Democratic bill, or bipartisan?
Single-party (Republican).
When was it introduced?
Introduced on December 15, 2022.

Political context

Is there a companion bill in the other chamber?
No companion bill recorded.

Legislative process

What committee(s) have jurisdiction?
Referred to: Education and Workforce Committee.
Where is it in the legislative process right now?
Referred to the House Committee on Education and Labor.
Has it been marked up, reported, or scheduled for a floor vote?
No committee markup recorded yet.

Practical actions

How did my representative vote (if there's been a vote)?
See the Votes tab for individual member positions when a roll-call vote is recorded.
How can I contact my member of Congress about it?
Use the U.S. Senate or House contact directory to reach your representative. Sponsor (Andy Barr) profile: https://bioguide.congress.gov/search/bio/B001282.

Executive 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.