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H.J.Res. 103

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".

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.

Referred to the House Committee on Education and Labor.

Rep. Barr, Andy [R-KY-6](R-KY)Sponsor
6 cosponsors6 R
6cosponsors1committees3actions3related bills7subjects
  1. IntroReferralH11100

    Referred to the House Committee on Education and Labor.

    Education and the Workforce Committee
  2. IntroReferralIntro-H

    Introduced in House

  3. IntroReferral1000

    Introduced in House

Providing for congressional disapproval under chapter 8 of title 5, United States Code, of… — Informed