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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 26, 2016 (Reported by House Committee).


IB

Union Calendar No. 407

114th CONGRESS

2d Session

H. J. RES. 88

[Report No. 114–527, Part I]

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

April 26, 2016

Additional sponsors: Mr. Jolly, Mr. Collins of New York, Mr. Guinta, Mr. Sessions, Mrs. Mimi Walters of California, Mr. Mullin, Mr. Wilson of South Carolina, Mr. Hill, Ms. Jenkins of Kansas, Mr. Byrne, Ms. Foxx, Mr. Rokita, Mr. Messer, Mr. Kline, Mrs. Black, Mr. Knight, Mr. Cramer, Mr. Latta, Mr. Smith of Texas, Mr. Loudermilk, Mr. Brat, Mr. Grothman, Mr. Guthrie, Mr. Carter of Georgia, Mr. Allen, Mr. MacArthur, Mr. Heck of Nevada, and Mr. Thompson of Pennsylvania

April 26, 2016

Reported from the Committee on Education and the Workforce

April 26, 2016

The Committee on Ways and Means discharged; committed to the Committee of the Whole House on the State of the Union and ordered to be printed

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.

April 26, 2016

Reported from the Committee on Education and the Workforce

April 26, 2016

The Committee on Ways and Means discharged; committed to the Committee of the Whole House on the State of the Union and ordered to be printed