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H.J.Res. 88 (114th): Disapproving the rule submitted by the Department of Labor relating to the definition of the term “Fiduciary”.

The text of the bill below is as of Apr 19, 2016 (Introduced).


IA

114th CONGRESS

2d Session

H. J. RES. 88

IN THE HOUSE OF REPRESENTATIVES

April 19, 2016

(for himself, Mr. Boustany, and Mrs. Wagner) introduced the following joint resolution; which was referred to the Committee on Education and the Workforce, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned

JOINT RESOLUTION

Disapproving the rule submitted by the Department of Labor relating to the definition of the term Fiduciary.

That

Congress disapproves the rule submitted by the Department of Labor relating to Definition of the Term Fiduciary; Conflict of Interest Rule—Retirement Investment Advice (published at 81 Fed. Reg. 20946 (April 8, 2016)), and such rule shall have no force or effect.