Providing for consideration of the bill (H.R. 347) to require the Executive Office of the President to provide an inflation estimate with respect to Executive orders with a significant effect on the annual gross budget, and for other purposes, and providing for consideration of the joint resolution (H.J. Res. 30) 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-hres-166
Sponsor: full_name: Rep. Burgess, Michael C. [R-TX-26]
Introduced: 2023-02-27
Policy area: Congress
Subjects: House of Representatives

Legislative rules and procedure
Latest action: action_date: 2023-02-28
text: Motion to reconsider laid on the table Agreed to without objection.

Summaries:
action_date: 2023-02-27
action_desc: Introduced in House
text: Sets forth the rule for consideration of the bill (H.R. 347) to require the Executive Office of the President to provide an inflation estimate with respect to Executive orders with a significant effect on the annual gross budget, and for other purposes, and providing for consideration of the joint resolution (H.J. Res. 30) providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Department of Labor relating to &quot;Prudence and Loyalty in Selecting Plan Investments and Exercising Shareholder Rights''.

action_date: 2023-02-27
action_desc: Reported to House
text: <p>This resolution sets forth the rule for consideration of</p> <ul> <li>H.R. 347 (Reduce Exacerbated Inflation Negatively Impacting the Nation Act, which requires the Office of Management and Budget and the President's Council of Economic Advisors to provide an inflation estimate for each executive order that is projected to cause an annual gross budgetary or economic effect of at least $1 million), and</li> <li>H.J. Res 30 (nullifies a Department of Labor rule that permits fiduciaries of employee benefit plans to consider climate change and other environmental, social, and governance factors in investment decisions or when exercising shareholder rights).</li></ul>

action_date: 2023-02-28
action_desc: Passed House
text: <p>This resolution sets forth the rule for consideration of</p> <ul> <li>H.R. 347 (Reduce Exacerbated Inflation Negatively Impacting the Nation Act, which requires the Office of Management and Budget and the President's Council of Economic Advisors to provide an inflation estimate for each executive order that is projected to cause an annual gross budgetary or economic effect of at least $1 million), and</li> <li>H.J. Res 30 (nullifies a Department of Labor rule that permits fiduciaries of employee benefit plans to consider climate change and other environmental, social, and governance factors in investment decisions or when exercising shareholder rights).</li> </ul>

tv_txt: IV 118th CONGRESS 1st Session H. RES. 166 In the House of Representatives, U. S., February 28, 2023 RESOLUTION Providing for consideration of the bill (H.R. 347) to require the Executive Office of the President to provide an inflation estimate with respect to Executive orders with a significant effect on the annual gross budget, and for other purposes, and providing for consideration of the joint resolution (H.J. Res. 30) 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’’.

That at any time after adoption of this resolution the Speaker may, pursuant to clause 2(b) of rule XVIII, declare the House resolved into the Committee of the Whole House on the state of the Union for consideration of the bill (H.R. 347) to require the Executive Office of the President to provide an inflation estimate with respect to Executive orders with a significant effect on the annual gross budget, and for other purposes. The first reading of the bill shall be dispensed with. All points of order against consideration of the bill are waived. General debate shall be confined to the bill and shall not exceed one hour equally divided and controlled by the chair and ranking minority member of the Committee on Oversight and Accountability or their respective designees. After general debate the bill shall be considered for amendment under the five-minute rule. The bill shall be considered as read. All points of order against provisions in the bill are waived. No amendment to the bill shall be in order except those printed in the report of the Committee on Rules accompanying this resolution. Each such amendment may be offered only in the order printed in the report, may be offered only by a Member designated in the report, shall be considered as read, shall be debatable for the time specified in the report equally divided and controlled by the proponent and an opponent, shall not be subject to amendment, and shall not be subject to a demand for division of the question in the House or in the Committee of the Whole. All points of order against such amendments are waived. At the conclusion of consideration of the bill for amendment the Committee shall rise and report the bill to the House with such amendments as may have been adopted. The previous question shall be considered as ordered on the bill and amendments thereto to final passage without intervening motion except one motion to recommit. 2. Upon adoption of this resolution it shall be in order to consider in the House the joint resolution (H.J. Res. 30) 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’’. All points of order against consideration of the joint resolution are waived. The joint resolution shall be considered as read. All points of order against provisions in the joint resolution are waived. The previous question shall be considered as ordered on the joint resolution and on any amendment thereto to final passage without intervening motion except: (1) one hour of debate equally divided and controlled by the chair and ranking minority member of the Committee on Education and the Workforce or their respective designees; and (2) one motion to recommit.

Cheryl L. Johnson, Clerk.

tv_txt: IV House Calendar No. 4 118th CONGRESS 1st Session H. RES. 166 Report No. 118–4 IN THE HOUSE OF REPRESENTATIVES February 27, 2023 Mr. Burgess , from the Committee on Rules , reported the following resolution; which was referred to the House Calendar and ordered to be printed RESOLUTION Providing for consideration of the bill (H.R. 347) to require the Executive Office of the President to provide an inflation estimate with respect to Executive orders with a significant effect on the annual gross budget, and for other purposes, and providing for consideration of the joint resolution (H.J. Res. 30) 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’’.

That at any time after adoption of this resolution the Speaker may, pursuant to clause 2(b) of rule XVIII, declare the House resolved into the Committee of the Whole House on the state of the Union for consideration of the bill (H.R. 347) to require the Executive Office of the President to provide an inflation estimate with respect to Executive orders with a significant effect on the annual gross budget, and for other purposes. The first reading of the bill shall be dispensed with. All points of order against consideration of the bill are waived. General debate shall be confined to the bill and shall not exceed one hour equally divided and controlled by the chair and ranking minority member of the Committee on Oversight and Accountability or their respective designees. After general debate the bill shall be considered for amendment under the five-minute rule. The bill shall be considered as read. All points of order against provisions in the bill are waived. No amendment to the bill shall be in order except those printed in the report of the Committee on Rules accompanying this resolution. Each such amendment may be offered only in the order printed in the report, may be offered only by a Member designated in the report, shall be considered as read, shall be debatable for the time specified in the report equally divided and controlled by the proponent and an opponent, shall not be subject to amendment, and shall not be subject to a demand for division of the question in the House or in the Committee of the Whole. All points of order against such amendments are waived. At the conclusion of consideration of the bill for amendment the Committee shall rise and report the bill to the House with such amendments as may have been adopted. The previous question shall be considered as ordered on the bill and amendments thereto to final passage without intervening motion except one motion to recommit. 2. Upon adoption of this resolution it shall be in order to consider in the House the joint resolution (H.J. Res. 30) 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’’. All points of order against consideration of the joint resolution are waived. The joint resolution shall be considered as read. All points of order against provisions in the joint resolution are waived. The previous question shall be considered as ordered on the joint resolution and on any amendment thereto to final passage without intervening motion except: (1) one hour of debate equally divided and controlled by the chair and ranking minority member of the Committee on Education and the Workforce or their respective designees; and (2) one motion to recommit.

February 27, 2023 Referred to the House Calendar and ordered to be printed