House Joint Resolution 30
118th Congress(2023-2024)
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
Active
Vetoed by President on Mar 20, 2023
Overview
Text
Sponsor
Introduced
Feb 7, 2023
Latest Action
Mar 23, 2023
Origin Chamber
House
Type
Joint Resolution
Joint Resolution
A form of legislative measure used to propose changes in law, or to propose an amendment to the U.S. Constitution. Depending on the chamber of origin, they begin with a designation of either H.J.Res. or S.J.Res. Concurrent resolutions and simple resolutions are other types of resolutions. Bill is another form of legislative measure used to propose law.
Bill Number
30
Congress
118
Policy Area
Labor and Employment
Labor and Employment
Primary focus of measure is matters affecting hiring and composition of the workforce, wages and benefits, labor-management relations; occupational safety, personnel management, unemployment compensation. Measures concerning public-sector employment may fall under Government Operations and Politics policy area.
Sponsorship by Party
Kentucky
Arizona
Arizona
Arkansas
California
California
California
California
Florida
Florida
Florida
Illinois
Illinois
Indiana
Indiana
Kansas
Louisiana
Louisiana
Louisiana
Michigan
Michigan
Minnesota
Minnesota
Minnesota
Mississippi
Mississippi
Missouri
Montana
Nebraska
New Jersey
North Carolina
North Carolina
North Carolina
North Carolina
North Dakota
Pennsylvania
Pennsylvania
Pennsylvania
Pennsylvania
Pennsylvania
South Carolina
South Carolina
South Carolina
South Carolina
South Carolina
South Dakota
Tennessee
Tennessee
Tennessee
Tennessee
Virginia
Virginia
Washington
West Virginia
West Virginia
Wisconsin
Wisconsin
House Votes (2)
Senate Votes (1)
Question
Passage, Objections of the President To The Contrary Notwithstanding
Status
Failed
Type
Roll Call Vote
Roll Call Vote
A vote that records the individual position of each Member who voted. Such votes occurring on the House floor (by the "yeas and nays" or by "recorded vote") are taken by electronic device. The Senate has no electronic voting system; in such votes, Senators answer "yea" or "nay" as the clerk calls each name aloud. Each vote is compiled by clerks and receives a roll call number (referenced in Congress.gov as a "Record Vote" [Senate] or "Roll no." [House]).
Roll Call Type
2/3 Yea-And-Nay
Roll Number
149
House Roll Call Votes
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.

Text (4)
March 1, 2023
February 28, 2023
February 7, 2023
Public Record
Record Updated
Jun 8, 2023 12:49:28 PM