H.J.Res. 30 — 118th Congress

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".

Originated in the House · Introduced Feb 7, 2023 · Labor and Employment

Sponsor

Andy Barr

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118th Congress
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Latest action

Mar 23, 2023

The Chair directed the Clerk to notify the Senate of the action of the House.

CRS summary

As of Mar 1, 2023

Passed Senate

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.

Congressional Research Service, via api.congress.gov (public domain)

Roll-call votes

3 on record
DateChamberQuestionMember pagesResult
Mar 23, 2023HousePassage, Objections of the President To The Contrary NotwithstandingFailed (219–200)
Mar 1, 2023SenateOn the Joint ResolutionJoint Resolution Passed (50–46)
Feb 28, 2023HouseOn PassagePassed (216–204)

Member pages currently show roll-call votes from the 119th Congress only. The “Member pages” column marks votes from that congress.