This joint resolution disapproves and nullifies a Department of Labor rule published on April 8, 2016, relating to the definition of the term "fiduciary" and the conflict of interest rule with respect to retirement investment advice.
(The rule defines who is a fiduciary with respect to pension and retirement plans. Under current law, a person who provides investment advice has a fiduciary obligation that requires the person to provide advice in the sole interest of plan participants and beneficiaries. The rule changes the definition of "investment advice" to treat people who provide investment advice to pension and retirement plans for a fee or other compensation as fiduciaries in a wider array of advice relationships.)
Action Date | Type | Text | Source |
---|---|---|---|
2016-06-22 | Veto | Motion to refer the bill and accompanying veto message to the Committee on Education and the Workforce. The Chair directed the Clerk to notify the Senate of the action of the House. | House floor actions |
2016-06-22 | Vote | On passage, the objections of the President to the contrary notwithstanding Failed by the Yeas and Nays: (2/3 required): 239 - 180 (Roll no. 338). | House floor actions |
2016-06-22 | Vote | The previous question on the motion to refer the bill and Agreed to by recorded vote: 229 - 175, 2 Present (Roll no. 337). (consideration: CR H4125) | House floor actions |
2016-06-22 | Floor | DEBATE - The House proceeded with one hour of debate on the question of passage of H.J. Res. 88, the objections of the President to the contrary, notwithstanding. | House floor actions |
2016-06-22 | Floor | Pursuant to the order of the House of June 8, 2016, the unfinished business is the further consideration of the veto message of the President on House Joint Resolution 88. (consideration: CR H4125-4126) | House floor actions |
2016-06-22 | President | The Chair announced the unfinished business to be the consideration of the veto. | House floor actions |
2016-06-08 | Floor | POSTPONED CONSIDERATION OF VETO MESSAGE - Pursuant to a previous order of the House, the Chair announced that further consideration of the veto message on H.J. Res. 88 shall be postponed until the legislative day of Wednesday, June 22, 2016; and that on that legislative day, the House shall proceed to the constitutional question of reconsideration and dispose of such question without intervening motion. | House floor actions |
2016-06-08 | Floor | The Chair announced that the objections of the President to H.J.Res. 88 would be spread at large upon the Journal and the veto message would be printed as a House document (114-140). | House floor actions |
2016-06-08 | Veto | The Chair laid before the House the veto message from the President. (consideration: CR H3537-3538) | House floor actions |
2016-06-08 | President | Vetoed by President. | House floor actions |
2016-06-08 | Floor | POSTPONED PROCEEDINGS ON VETO MESSAGE - Mr. Sessions asked unanimous consent that when a veto message on House Joint Resolution 88 is laid before the House on the legislative day of June 8, 2016, after the message is read and the objections of the President are spread at large upon the Journal, further consideration of the veto message and the joint resolution shall be postponed until the legislative day of Wednesday, June 22, 2016; and that on that legislative day, the House shall proceed to the constitutional question of reconsideration and dispose of such question without intervening motion. Agreed to without objection. | House floor actions |
2016-06-07 | Floor | Presented to President. | House floor actions |
2016-05-24 | Floor | Message on Senate action sent to the House. | Senate |
2016-05-24 | Vote | Passed Senate without amendment by Yea-Nay Vote. 56 - 41. Record Vote Number: 84. | Senate |
2016-05-24 | Floor | Measure laid before Senate by motion. (consideration: CR S3065-3084) | Senate |
2016-05-24 | Floor | Motion to proceed to consideration of measure agreed to in Senate by Voice Vote. (consideration: CR S3065) | Senate |
2016-05-24 | Floor | Motion to proceed to consideration of measure made in Senate. (consideration: CR S3065; text: CR S3065) | Senate |
2016-05-09 | Calendars | Received in the Senate. Read twice. Placed on Senate Legislative Calendar under General Orders. Calendar No. 460. | Senate |
2016-04-28 | Floor | Motion to reconsider laid on the table Agreed to without objection. | House floor actions |
2016-04-28 | Vote | On passage Passed by the Yeas and Nays: 234 - 183 (Roll no. 176). (text: CR H2081) | House floor actions |
2016-04-28 | Floor | POSTPONED PROCEEDINGS - At the conclusion of debate on H.J.Res. 88, the Chair put the question on passage of the bill and by voice vote, announced that the ayes had prevailed. Mr. Scott (VA) demanded the yeas and nays and the Chair postponed further proceedings on passage of H.J.Res 88 until later in the legislative day. | House floor actions |
2016-04-28 | Floor | The previous question was ordered pursuant to the rule. (consideration: CR H2092) | House floor actions |
2016-04-28 | Floor | DEBATE - The House proceeded with one hour of debate on H.J. Res. 88. | House floor actions |
2016-04-28 | Floor | Resolution provides for consideration of H.R. 4901 and H.J. Res. 88. | House floor actions |
2016-04-28 | Floor | Considered under the provisions of rule H. Res. 706. (consideration: CR H2081-2093) | House floor actions |
2016-04-28 | Floor | Rule H. Res. 706 passed House. | House floor actions |
2016-04-27 | Floor | Rules Committee Resolution H. Res. 706 Reported to House. Resolution provides for consideration of H.R. 4901 and H.J. Res. 88. | House floor actions |
2016-04-26 | Calendars | Placed on the Union Calendar, Calendar No. 407. | House floor actions |
2016-04-26 | Discharge | Committee on Ways and Means discharged. | House floor actions |
2016-04-26 | Committee | Reported by the Committee on Education and the Workforce. H. Rept. 114-527, Part I. | House floor actions |
2016-04-21 | Committee | Ordered to be Reported by the Yeas and Nays: 22 - 14. | House committee actions |
2016-04-21 | Committee | Committee Consideration and Mark-up Session Held. | House committee actions |
2016-04-19 | IntroReferral | 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. | House floor actions |
2016-04-19 | IntroReferral | 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. | House floor actions |
2016-04-19 | IntroReferral | Introduced in House | Library of Congress |