118th Congress Labor and Employment
S.J.Res. 8: Disapproval of Department of Labor rule: Prudence and Loyalty in Selecting Plan Investments and Exercising Shareholder Rights
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
- Introduced (completed)
- Passed Senate (not reached)
- Passed House (not reached)
- To the President (not reached)
- Became law (not reached)
Summary
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.
Written by the Congressional Research Service, Library of Congress.
Roll calls
No roll call votes have been held on this bill.
Amendments
No amendments were offered to this bill.
Cosponsors
- John Boozman R-AROriginal
- Marsha Blackburn R-TNOriginal
- John Barrasso R-WYOriginal
- Ted Budd R-NCOriginal
- Katie Britt R-ALOriginal
- Michael Crapo R-IDOriginal
- Susan Collins R-MEOriginal
- Shelley Capito R-WVOriginal
- John Cornyn R-TXOriginal
- Bill Cassidy R-LAOriginal
- Tom Cotton R-AROriginal
- Kevin Cramer R-NDOriginal
- Ted Cruz R-TXOriginal
- Steve Daines R-MTOriginal
- Joni Ernst R-IAOriginal
- Deb Fischer R-NEOriginal
- Lindsey Graham R-SCOriginal
- Charles Grassley R-IAOriginal
- Bill Hagerty R-TNOriginal
- John Hoeven R-NDOriginal
- Cindy Hyde-Smith R-MSOriginal
- Joshua Hawley R-MOOriginal
- Ron Johnson R-WIOriginal
- John Kennedy R-LAOriginal
- Cynthia Lummis R-WYOriginal
- James Lankford R-OKOriginal
- Mike Lee R-UTOriginal
- Mitch McConnell R-KYOriginal
- Jerry Moran R-KSOriginal
- Lisa Murkowski R-AKOriginal
- Joe Manchin I-WVOriginal
- Markwayne Mullin R-OKOriginal
- Roger Marshall R-KSOriginal
- Rand Paul R-KYOriginal
- James Risch R-IDOriginal
- Marco Rubio R-FLOriginal
- Mike Rounds R-SDOriginal
- Mitt Romney R-UTOriginal
- Pete Ricketts R-NEOriginal
- Tim Scott R-SCOriginal
- Dan Sullivan R-AKOriginal
- Rick Scott R-FLOriginal
- Eric Schmitt R-MOOriginal
- John Thune R-SDOriginal
- Tommy Tuberville R-ALOriginal
- Thom Tillis R-NCOriginal
- James David Vance R-OHOriginal
- Roger Wicker R-MSOriginal
- Todd Young R-INOriginal
Who scored on this bill
- 1Mike Braun SponsorDrew cross-party cosponsors, reached a cosponsor milestone, introduced3 events+12
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Other bills by Mike Braun
History
- Introduced in the Senate by Mike Braun.
Show the full action history (2 actions)
- Introduced in Senate
- Read twice and referred to the Committee on Health, Education, Labor, and Pensions.