Disapproving the rule submitted by the Department of Labor relating to the definition of the term "Fiduciary".
| Date | Chamber | What was voted on | Result | Yes–No | |
|---|---|---|---|---|---|
| Jun 22, 2016 | House · vote #338 | On passage, the objections of the President to the contrary notwithstanding | Failed | 239–180 | See who voted → |
| Jun 22, 2016 | House · vote #337 | On Ordering the Previous Question | Passed | 229–175 | See who voted → |
| Apr 28, 2016 | House · vote #176 | On Passage | Passed | 234–183 | See who voted → |
Have a question about what this bill does? Ask in plain English; the answer is drawn from the bill's actual text and official record, and it'll tell you when something isn't in the text rather than guess.
(This measure has not been amended since it was introduced. The summary of that version is repeated here.)
This joint resolution disapproves and nullifies a Department of Labor rule published on April 8, 2016, relating to the definition of the term "fiduciary" and the conflict of interest rule with respect to retirement investment advice.
(The rule defines who is a fiduciary with respect to pension and retirement plans. Under current law, a person who provides investment advice has a fiduciary obligation that requires the person to provide advice in the sole interest of plan participants and beneficiaries. The rule changes the definition of "investment advice" to treat people who provide investment advice to pension and retirement plans for a fee or other compensation as fiduciaries in a wider array of advice relationships.)
Motion to refer the bill and accompanying veto message to the Committee on Education and the Workforce. The Chair directed the Clerk to notify the Senate of the action of the House.
- Engrossed in House Formatted Text PDF Formatted XML
- Enrolled Bill Formatted Text PDF Formatted XML
- Introduced in House Formatted Text PDF Formatted XML
- Placed on Calendar Senate Formatted Text PDF Formatted XML
- Reported in House Formatted Text PDF Formatted XML
Cite this page
U.S. Congress. (2026). H.J. Res. 88: Disapproving the rule submitted by the Department of Labor relating to the definition of the term "Fiduciary".. 114th Congress. Open America. https://openamerica.io/bill/114-HJRES-88/
"H.J. Res. 88: Disapproving the rule submitted by the Department of Labor relating to the definition of the term "Fiduciary".." 114th Congress, 2026, Open America, https://openamerica.io/bill/114-HJRES-88/.
H.J. Res. 88, 114th Cong. (2026), https://openamerica.io/bill/114-HJRES-88/.
[H.J. Res. 88: Disapproving the rule submitted by the Department of Labor relating to the definition of the term "Fiduciary".](https://openamerica.io/bill/114-HJRES-88/)