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[Congressional Bills 118th Congress] [From the U.S. Government Publishing Office] [S.J. Res. 79 Introduced in Senate (IS)]
118th CONGRESS 2d Session S. J. RES. 79
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".
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IN THE SENATE OF THE UNITED STATES
May 15, 2024
Mr. Budd (for himself, Mr. Cassidy, Mr. Marshall, Mr. Manchin, Mr. Cramer, Ms. Ernst, Mr. Hagerty, Mr. Wicker, Mr. Crapo, Mr. Risch, Mr. Lankford, Mr. Grassley, Mr. Barrasso, Mrs. Blackburn, Mr. Braun, Mr. Daines, Mr. Cornyn, Mr. Tuberville, Mr. Scott of South Carolina, Mrs. Britt, and Mrs. Capito) introduced the following joint resolution; which was read twice and referred to the Committee on Health, Education, Labor, and Pensions
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JOINT RESOLUTION
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".
Resolved by the Senate and House of Representatives of the United States of America in Congress assembled, That Congress disapproves the rule submitted by the Department of Labor relating to "Retirement Security Rule: Definition of an Investment Advice Fiduciary" (89 Fed. Reg. 32122 (April 25, 2024)), and such rule shall have no force or effect.