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Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Department of Labor relating to "Retirement Security Rule: Definition of an Investment Advice Fiduciary".

H.J.Res. 142 Rep. Rick Allen (R-GA-12) In committee
Bill text PDF
  1. Introduced May 15
  2. Committee May 15
  3. Passed House Next
  4. Passed Senate Not yet
  5. To President Not yet
  6. Law Not yet
Where it stands
In committee, May 15, 2024Next: House vote
681d ago Dec 16, 2024: Placed on the Union Calendar, Calendar No. 716.
Final votes
No roll callsNo recorded vote on this bill yet
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Summary

This joint resolution disapproves a specific rule issued by the Department of Labor, titled "Retirement Security Rule: Definition of an Investment Advice Fiduciary," and nullifies it. Congress disapproves the rule submitted by the Department of Labor relating to "Retirement Security Rule: Definition of an Investment Advice Fiduciary" (published at 89 Fed. Reg. 32122 on April 25, 2024), and declares that the rule shall have no force or effect.

Summary of the bill text as reported in House (Dec 16, 2024), generated by SecBot from the official bill text; the Library of Congress summary is not yet published.

Official record from Congress.gov, the House Clerk and the Senate; lobbying from Lobbying Disclosure Act filings. Updated Oct 27, 2026.