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: 118-hjres-30
Sponsor: Rep. Barr, Andy [R-KY-6]
Introduced: 2023-02-07 in the House
Policy area: Labor and Employment
Subjects: Administrative law and regulatory procedures
Business ethics
Climate change and greenhouse gases
Congressional oversight
Department of Labor
Employee benefits and pensions
Financial services and investments

Summary:
action_date: 2023-02-07
text: 
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.

action_date: 2023-02-28
text: 
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.

action_date: 2023-03-01
text: 
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.


Legislative actions:
action_date: 2023-03-23
text: The Chair directed the Clerk to notify the Senate of the action of the House.
action_date: 2023-03-23
text: On motion to refer the bill and the accompanying veto message to the Committee on Education and the Workforce. Agreed to without objection.
action_date: 2023-03-23
text: Motion to refer the bill and accompanying veto message to the Committee on Education and the Workforce.
action_date: 2023-03-23
text: 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).
action_date: 2023-03-23
text: Failed 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).
action_date: 2023-03-23
text: The previous question was ordered without objection.
action_date: 2023-03-23
text: DEBATE - 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)
action_date: 2023-03-23
text: The Chair laid before the House the veto message from the President.
action_date: 2023-03-21
text: POSTPONED CONSIDERATION OF VETO MESSAGE - The Chair announced that pursuant to section 4 of H. Res. 199, further consideration of the veto message and the joint resolution will be postponed until Thursday, March 23, 2023.
action_date: 2023-03-21
text: The Chair announced that the objections of the President to H.J. Res. 30 would be spread at large upon the Journal and the veto message would be printed as a House Document (118-18).
action_date: 2023-03-21
text: The Chair laid before the House the veto message from the President. (text: CR H1299-1300)
action_date: 2023-03-20
text: Vetoed by President.
action_date: 2023-03-20
text: Vetoed by President.
action_date: 2023-03-09
text: Presented to President.
action_date: 2023-03-09
text: Presented to President.
action_date: 2023-03-02
text: Message on Senate action sent to the House.
action_date: 2023-03-01
text: Passed Senate without amendment by Yea-Nay Vote. 50 - 46. Record Vote Number: 35.
action_date: 2023-03-01
text: Passed/agreed to in Senate: Passed Senate without amendment by Yea-Nay Vote. 50 - 46. Record Vote Number: 35.
action_date: 2023-03-01
text: Measure laid before Senate by unanimous consent. (consideration: CR S550-556)
action_date: 2023-03-01
text: Received in the Senate, read twice.
action_date: 2023-02-28
text: Motion to reconsider laid on the table Agreed to without objection.
action_date: 2023-02-28
text: On passage Passed by the Yeas and Nays: 216 - 204 (Roll no. 124). (text: CR H932)
action_date: 2023-02-28
text: Passed/agreed to in House: On passage Passed by the Yeas and Nays: 216 - 204 (Roll no. 124). (text: CR H932)
action_date: 2023-02-28
text: Considered as unfinished business. (consideration: CR H941)
action_date: 2023-02-28
text: POSTPONED PROCEEDINGS - At the conclusion of debate on H. J. Res. 30, the Chair put the question on passage of the resolution and by voice vote, announced that the ayes had prevailed. Mr. Scott (VA) demanded the yeas and nays and the Chair postponed further proceedings on passage of the resolution until a time to be announced.
action_date: 2023-02-28
text: The previous question was ordered pursuant to the rule.
action_date: 2023-02-28
text: DEBATE - The House proceeded with one hour of debate on H.J. Res. 30.
action_date: 2023-02-28
text: Rule provides for consideration of H.R. 347 and H.J. Res. 30. Provides for consideration of H.R. 347 and H.J. Res. 30 and one hour of debate on each measure. The rule makes in order amendments to H.R. 347 printed in the report and provides for one motion to recommit on each measure.
action_date: 2023-02-28
text: Considered under the provisions of rule H. Res. 166. (consideration: CR H932-940)
action_date: 2023-02-28
text: Rule H. Res. 166 passed House.
action_date: 2023-02-27
text: Rules Committee Resolution H. Res. 166 Reported to House. Rule provides for consideration of H.R. 347 and H.J. Res. 30. Provides for consideration of H.R. 347 and H.J. Res. 30 and one hour of debate on each measure. The rule makes in order amendments to H.R. 347 printed in the report and provides for one motion to recommit on each measure.
action_date: 2023-02-07
text: Referred to the House Committee on Education and the Workforce.
action_date: 2023-02-07
text: Introduced in House
action_date: 2023-02-07
text: Introduced in House