HJRES 143 United States House · 118th Congress

Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Department of Labor relating to "Amendment to Prohibited Transaction Exemptions 75-1, 77-4, 80-83, 83-1, and 86-128".

HJRES 143 is a congressional resolution seeking to block a Department of Labor rule that would amend specific exemptions for retirement investment transactions. The bill targets a rule (published April 25, 2024) that would change how retirement funds can invest, particularly affecting retirement plan providers and fiduciaries managing employee savings. It directs Congress to disapprove the rule under a specific federal law, meaning the rule would not take effect if passed. This is a procedural step to halt the rule's implementation, not a new policy change.
Bill status in committee 1 of 4 stages cleared
Introduction
May 2024
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Floor Vote
President
Introduced May 15, 2024 Last action May 15, 2024
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May 15, 2024
Committee
Referred to the House Committee on Education and the Workforce.
lower
May 15, 2024
Introduced
Introduced in House
lower
1 primary · 46 co-sponsors

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