Bills · 118th Congress · Labor and Employment

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".

Where it stands

  1. Introduced2/7/23
  2. Passed HousePassed 2/28/23
  3. SenatePassed 3/1/23
  4. PresidentVetoed 3/20/23
  5. Law

Passed the House 216–204 on February 28, 2023 (Roll Call 124 →). Passed the Senate 50–46 on March 1, 2023 (Roll Call 35 →). Vetoed by the President on March 20, 2023. The House vote to override the veto failed on March 23, 2023.

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Roll calls on this bill

Votes on passage
HousePassage, Objections of the President To The Contrary Notwithstanding · 3/23/23Veto overrideA vote to make a bill law despite the president's veto. It takes a two-thirds vote in both the House and the Senate.Senate glossary: veto override ↗
Failed
  • Democratic1 Yea · 200 Nay · 12 Not voting
  • Republican218 Yea · 0 Nay · 3 Not voting
  • Independent / Other0 Yea · 0 Nay · 0 Not voting
SenateOn the Joint Resolution · 3/1/23Joint resolutionA vote to pass a joint resolution. Like a bill, it becomes law once both chambers pass it and the president signs it — except a proposed constitutional amendment, which needs two-thirds of each chamber and ratification by three-quarters of the states.Senate glossary: joint resolution ↗
Joint Resolution Passed
  • Democratic2 Yea · 43 Nay · 3 Not voting
  • Republican48 Yea · 0 Nay · 1 Not voting
  • Independent / Other0 Yea · 3 Nay · 0 Not voting
Official summary (CRS)

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.

Full text on congress.gov ↗
Sponsor
Rep. Andy Barr ( Republican · KY-6)
Cosponsors
119
Introduced
2/7/23
Policy area
Labor and Employment

What happens next

Overriding the veto takes a two-thirds vote in both the House and the Senate.

If it isn't enacted by Jan 3, 2025, it expires when the 118th Congress ends.

All actions (31)
  1. 2/7/23Introduced in House
  2. 2/7/23Referred to the House Committee on Education and the Workforce.
  3. 2/27/23Rules Committee Resolution H. Res. 166 Reported to House. Rule provides for consideration of H.R. 347 and H.J. Res. 30. Provides for consideration of H.R. 347 and H.J. Res. 30 and one hour of debate on each measure. The rule makes in order amendments to H.R. 347 printed in the report and provides for one motion to recommit on each measure.
  4. 2/28/23Rule H. Res. 166 passed House.
  5. 2/28/23Considered under the provisions of rule H. Res. 166. (consideration: CR H932-940)
  6. 2/28/23Rule provides for consideration of H.R. 347 and H.J. Res. 30. Provides for consideration of H.R. 347 and H.J. Res. 30 and one hour of debate on each measure. The rule makes in order amendments to H.R. 347 printed in the report and provides for one motion to recommit on each measure.
  7. 2/28/23DEBATE - The House proceeded with one hour of debate on H.J. Res. 30.
  8. 2/28/23The previous question was ordered pursuant to the rule.
  9. 2/28/23POSTPONED PROCEEDINGS - At the conclusion of debate on H. J. Res. 30, the Chair put the question on passage of the resolution and by voice vote, announced that the ayes had prevailed. Mr. Scott (VA) demanded the yeas and nays and the Chair postponed further proceedings on passage of the resolution until a time to be announced.
  10. 2/28/23Considered as unfinished business. (consideration: CR H941)
  11. 2/28/23Passed/agreed to in House: On passage Passed by the Yeas and Nays: 216 - 204 (Roll no. 124). (text: CR H932)
  12. 2/28/23On passage Passed by the Yeas and Nays: 216 - 204 (Roll no. 124). (text: CR H932)
  13. 2/28/23Motion to reconsider laid on the table Agreed to without objection.
  14. 3/1/23Received in the Senate, read twice.
  15. 3/1/23Measure laid before Senate by unanimous consent. (consideration: CR S550-556)
  16. 3/1/23Passed/agreed to in Senate: Passed Senate without amendment by Yea-Nay Vote. 50 - 46. Record Vote Number: 35.
  17. 3/1/23Passed Senate without amendment by Yea-Nay Vote. 50 - 46. Record Vote Number: 35.
  18. 3/2/23Message on Senate action sent to the House.
  19. 3/9/23Presented to President.
  20. 3/20/23Vetoed by President.
  21. 3/21/23The Chair laid before the House the veto message from the President. (text: CR H1299-1300)
  22. 3/21/23The Chair announced that the objections of the President to H.J. Res. 30 would be spread at large upon the Journal and the veto message would be printed as a House Document (118-18).
  23. 3/21/23POSTPONED CONSIDERATION OF VETO MESSAGE - The Chair announced that pursuant to section 4 of H. Res. 199, further consideration of the veto message and the joint resolution will be postponed until Thursday, March 23, 2023.
  24. 3/23/23The Chair laid before the House the veto message from the President.
  25. 3/23/23DEBATE - Pursuant to section 4 of H. Res. 199, the unfinished business is the further consideration of the veto message of the President on H.J. Res. 30. The House proceeded with one hour of debate on the objections of the President to the contrary notwithstanding. (consideration: CR H1383-1386)
  26. 3/23/23The previous question was ordered without objection.
  27. 3/23/23Failed of passage in House over veto On passage, the objections of the President to the contrary notwithstanding Failed by the Yeas and Nays: (2/3 required): 219 - 200 (Roll no. 149).
  28. 3/23/23On passage, the objections of the President to the contrary notwithstanding Failed by the Yeas and Nays: (2/3 required): 219 - 200 (Roll no. 149).
  29. 3/23/23Motion to refer the bill and accompanying veto message to the Committee on Education and the Workforce.
  30. 3/23/23On motion to refer the bill and the accompanying veto message to the Committee on Education and the Workforce. Agreed to without objection.
  31. 3/23/23The Chair directed the Clerk to notify the Senate of the action of the House.