SJRES 8 118th Congress Senate Labor and Employment Administrative law and regulatory procedures Business ethics Climate change and greenhouse gases Congressional oversight Department of Labor Employee benefits and pensions Financial services and investments

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…

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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: February 7, 2023 See on congress.gov

Everywhere this bill has been 2 steps

Introduced

In committee

Reported out

Passed House

Passed Senate

To President

Became law

Feb 7, 2023

Introduced in Senate

Feb 7, 2023

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

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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.

What's happening now February 7, 2023

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

Related & companion bills 1

Bill text 1 version

Introduced in Senate Formatted Text PDF Formatted XML

Source documents hosted by congress.gov.

Committees of jurisdiction 1

Health, Education, Labor, and Pensions Committee
Senate

Lobbying activity 8

Registered lobbyists who named this bill in their disclosure filings. Source: federal Lobbying Disclosure Act filings.

INSURED RETIREMENT INSTITUTE
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Cosponsors 45

Barrasso, John

Wyoming · Feb 7, 2023

Blackburn, Marsha

Tennessee · Feb 7, 2023

Boozman, John

Arkansas · Feb 7, 2023

Britt, Katie Boyd

Alabama · Feb 7, 2023

Budd, Ted

North Carolina · Feb 7, 2023

Capito, Shelley Moore

West Virginia · Feb 7, 2023

Cassidy, Bill

Louisiana · Feb 7, 2023

Arkansas · Feb 7, 2023

Cramer, Kevin

North Dakota · Feb 7, 2023

Montana · Feb 7, 2023

Ernst, Joni

Iowa · Feb 7, 2023

Fischer, Deb

Nebraska · Feb 7, 2023

Graham, Lindsey

South Carolina · Feb 7, 2023

Grassley, Chuck

Iowa · Feb 7, 2023

Hagerty, Bill

Tennessee · Feb 7, 2023

Hawley, Josh

Missouri · Feb 7, 2023

Hoeven, John

North Dakota · Feb 7, 2023

Hyde-Smith, Cindy

Mississippi · Feb 7, 2023

Johnson, Ron

Wisconsin · Feb 7, 2023

Kennedy, John

Louisiana · Feb 7, 2023

Lankford, James

Oklahoma · Feb 7, 2023

Lee, Mike

Utah · Feb 7, 2023

Lummis, Cynthia M.

Wyoming · Feb 7, 2023

Marshall, Roger

Kansas · Feb 7, 2023

McConnell, Mitch

Kentucky · Feb 7, 2023

Kentucky · Feb 7, 2023

Ricketts, Pete

Nebraska · Feb 7, 2023

Risch, James E.

Idaho · Feb 7, 2023

Rounds, Mike

South Dakota · Feb 7, 2023

Schmitt, Eric

Missouri · Feb 7, 2023

Scott, Rick

Florida · Feb 7, 2023

Scott, Tim

South Carolina · Feb 7, 2023

Sullivan, Dan

Alaska · Feb 7, 2023

Thune, John

South Dakota · Feb 7, 2023

Tillis, Thomas

North Carolina · Feb 7, 2023

Tuberville, Tommy

Alabama · Feb 7, 2023

Wicker, Roger F.

Mississippi · Feb 7, 2023

Young, Todd

Indiana · Feb 7, 2023

Cite this page click to expand

APA

U.S. Congress. (2026). S.J. Res. 8: 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".. 118th Congress. Open America. https://openamerica.io/bill/118-SJRES-8/

MLA

"S.J. Res. 8: 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".." 118th Congress, 2026, Open America, https://openamerica.io/bill/118-SJRES-8/.

Bluebook (legal)

S.J. Res. 8, 118th Cong. (2026), https://openamerica.io/bill/118-SJRES-8/.

Markdown link

[S.J. Res. 8: 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/118-SJRES-8/)