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 "Prudence and Loyalty in Selecting Plan Investments and Exercising Shareholder Rights".
USA118th CongressSJRES-8| Senate
| Updated: 2/7/2023
Mike Braun
Republican Senator
Indiana
Cosponsors (49)
Joni Ernst (Republican)Tommy Tuberville (Republican)Rick Scott (Republican)Bill Cassidy (Republican)Roger Marshall (Republican)Markwayne Mullin (Republican)Dan Sullivan (Republican)Mitch McConnell (Republican)Katie Boyd Britt (Republican)Thomas Tillis (Republican)Cindy Hyde-Smith (Republican)Jerry Moran (Republican)Mike Lee (Republican)James E. Risch (Republican)Cynthia M. Lummis (Republican)Eric Schmitt (Republican)Ron Johnson (Republican)J. D. Vance (Republican)Marsha Blackburn (Republican)Todd Young (Republican)Tom Cotton (Republican)Lindsey Graham (Republican)Roger F. Wicker (Republican)Rand Paul (Republican)Mitt Romney (Republican)John Boozman (Republican)Joe Manchin (Independent)John Thune (Republican)Mike Rounds (Republican)Ted Cruz (Republican)Tim Scott (Republican)Kevin Cramer (Republican)James Lankford (Republican)John Kennedy (Republican)Deb Fischer (Republican)Bill Hagerty (Republican)John Barrasso (Republican)Josh Hawley (Republican)John Cornyn (Republican)Susan M. Collins (Republican)Chuck Grassley (Republican)Marco Rubio (Republican)Pete Ricketts (Republican)Steve Daines (Republican)John Hoeven (Republican)Ted Budd (Republican)Mike Crapo (Republican)Lisa Murkowski (Republican)Shelley Moore Capito (Republican)
Health, Education, Labor, and Pensions Committee
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
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.
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Bill from Previous Congress
SJRES 117-68A 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 "Prudence and Loyalty in Selecting Plan Investments and Exercising Shareholder Rights".
Bill from Previous Congress
SJRES 117-65A 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 "Prudence and Loyalty in Selecting Plan Investments and Exercising Shareholder Rights".
Introduced in Senate
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
Latest Companion Bill Action
HJRES 118-30The Chair directed the Clerk to notify the Senate of the action of the House.
Labor and Employment
Administrative law and regulatory proceduresBusiness ethicsClimate change and greenhouse gasesCongressional oversightDepartment of LaborEmployee benefits and pensionsFinancial services and investments
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 "Prudence and Loyalty in Selecting Plan Investments and Exercising Shareholder Rights".
USA118th CongressSJRES-8| Senate
| Updated: 2/7/2023
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.
View Full TextSuggested Questions
Get AI-generated questions to help you understand this bill better
Timeline
Bill from Previous Congress
SJRES 117-68A 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 "Prudence and Loyalty in Selecting Plan Investments and Exercising Shareholder Rights".
Bill from Previous Congress
SJRES 117-65A 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 "Prudence and Loyalty in Selecting Plan Investments and Exercising Shareholder Rights".
Introduced in Senate
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
Latest Companion Bill Action
HJRES 118-30The Chair directed the Clerk to notify the Senate of the action of the House.
Mike Braun
Republican Senator
Indiana
Cosponsors (49)
Joni Ernst (Republican)Tommy Tuberville (Republican)Rick Scott (Republican)Bill Cassidy (Republican)Roger Marshall (Republican)Markwayne Mullin (Republican)Dan Sullivan (Republican)Mitch McConnell (Republican)Katie Boyd Britt (Republican)Thomas Tillis (Republican)Cindy Hyde-Smith (Republican)Jerry Moran (Republican)Mike Lee (Republican)James E. Risch (Republican)Cynthia M. Lummis (Republican)Eric Schmitt (Republican)Ron Johnson (Republican)J. D. Vance (Republican)Marsha Blackburn (Republican)Todd Young (Republican)Tom Cotton (Republican)Lindsey Graham (Republican)Roger F. Wicker (Republican)Rand Paul (Republican)Mitt Romney (Republican)John Boozman (Republican)Joe Manchin (Independent)John Thune (Republican)Mike Rounds (Republican)Ted Cruz (Republican)Tim Scott (Republican)Kevin Cramer (Republican)James Lankford (Republican)John Kennedy (Republican)Deb Fischer (Republican)Bill Hagerty (Republican)John Barrasso (Republican)Josh Hawley (Republican)John Cornyn (Republican)Susan M. Collins (Republican)Chuck Grassley (Republican)Marco Rubio (Republican)Pete Ricketts (Republican)Steve Daines (Republican)John Hoeven (Republican)Ted Budd (Republican)Mike Crapo (Republican)Lisa Murkowski (Republican)Shelley Moore Capito (Republican)
Health, Education, Labor, and Pensions Committee
Labor and Employment
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Administrative law and regulatory proceduresBusiness ethicsClimate change and greenhouse gasesCongressional oversightDepartment of LaborEmployee benefits and pensionsFinancial services and investments