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S.J. Res. 65 117th Congress Senate

A joint resolution 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…

Official title: A joint resolution providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Department of Labor rel… Show full official titleShow less

Official title: A joint resolution 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".

Introduced: December 1, 2022 Introduced by: Tom Cotton Republican · Arkansas See on congress.gov
Labor and Employment Administrative law and regulatory proceduresBusiness ethicsClimate change and greenhouse gasesCongressional oversight
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Department of LaborEmployee benefits and pensionsFinancial services and investments
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This bill died when the 117th Congress ended
It never became law before the 117th Congress (2021–2022) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Dec 1, 2022
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
Dec 1, 2022
Introduced in Senate
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 Latest action December 1, 2022

Read twice and referred to the Committee on Health, Education, Labor, and Pensions.

 Plain-English summary Congressional Research Service

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.

 Related & companion bills 2
  • HJRES 103 Identical bill Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the De…
  • HJRES 104 Identical bill Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the De…
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
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APA
U.S. Congress. (2026). S.J. Res. 65: A joint resolution 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".. 117th Congress. Open America. https://openamerica.io/bill/117-SJRES-65/
MLA
"S.J. Res. 65: A joint resolution 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".." 117th Congress, 2026, Open America, https://openamerica.io/bill/117-SJRES-65/.
Bluebook (legal)
S.J. Res. 65, 117th Cong. (2026), https://openamerica.io/bill/117-SJRES-65/.
Markdown link
[S.J. Res. 65: A joint resolution 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".](https://openamerica.io/bill/117-SJRES-65/)
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