Bill117th CongressFiled Dec 20, 2022Labor and Employment
H.J.Res. 104
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".
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What it doesSummary introduced in house (Dec 20, 2022)
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.
What just happenedDec 20, 2022
Referred to the House Committee on Education and Labor.
Who’s behind it
Rep. Finstad, Brad [R-MN-1](R-MN)Sponsor
1committees3actions3related bills7subjects
- Introduced in HouseDec 20, 2022
- Dec 20, 2022IntroReferralH11100
Referred to the House Committee on Education and Labor.
Education and the Workforce Committee - Dec 20, 2022IntroReferralIntro-H
Introduced in House
- Dec 20, 2022IntroReferral1000
Introduced in House