This joint resolution nullifies the rule issued by the Securities and Exchange Commission on March 31, 2022, titled Staff Accounting Bulletin No. 121. This bulletin provides accounting and disclosure guidance for entities related to their obligations to safeguard cryptoassets held for users of its platform.
A letter of opinion from the Government Accountability Office dated October 31, 2023, titled Securities and Exchange Commission—Applicability of the Congressional Review Act to Staff Accounting Bulletin No. 121 concluded that this bulletin is a rule for purposes of the Congressional Review Act.
| Action Date | Type | Text | Source |
|---|---|---|---|
| 2024-07-11 | Floor | The Chair directed the Clerk to notify the Senate of the action of the House. | House floor actions |
| 2024-07-11 | Veto | On motion to refer the bill and the accompanying veto message to the Committee on Financial Services. Agreed to without objection. | House floor actions |
| 2024-07-11 | Vote | On passage, the objections of the President to the contrary notwithstanding Failed by the Yeas and Nays: (2/3 required): 228 - 184 (Roll no. 355). (text: 5/8/2024 CR H2950) | House floor actions |
| 2024-07-11 | President | The Chair announced the unfinished business to be the consideration of the veto. (consideration: CR H4610-4611) | House floor actions |
| 2024-07-10 | Floor | POSTPONED PROCEEDINGS - At the conclusion of debate on the veto message of the President to H.J. Res. 109, the Chair put the question on will the House, on reconsideration, pass H.J. Res. 109, the objections of the President to the contrary notwithstanding. Under the Constitution, the vote must be taken by the yeas and nays. Further proceedings were postponed until a time to be announced. | House floor actions |
| 2024-07-10 | Floor | The previous question was ordered without objection. | House floor actions |
| 2024-07-10 | Floor | DEBATE - Pursuant to a previous order of the House of June 3, 2024, the unfinished business is the further consideration of the veto message of the President on H.J. Res. 109. The House proceeded with one hour of debate on the objections of the President to the contrary notwithstanding. (consideration: CR H4543-4547) | House floor actions |
| 2024-07-10 | Veto | The Chair laid before the House the veto message from the President. | House floor actions |
| 2024-06-03 | Floor | Mr. Grothman asked unanimous consent That, further consideration of the veto message and the joint resolution, H.J. Res. 109, be postponed until the legislative day of July 10, 2024. Agreed to without objection. | House floor actions |
| 2024-06-03 | Floor | The Chair announced that the objections of the President to H.J. Res. 109 would be spread at large upon the Journal, and the veto message would be printed as a House Document (118-145). | House floor actions |
| 2024-06-03 | Floor | The Chair laid before the House the veto message from the President. | House floor actions |
| 2024-05-31 | President | Vetoed by President. | House floor actions |
| 2024-05-23 | Floor | Presented to President. | House floor actions |
| 2024-05-20 | Floor | Message on Senate action sent to the House. | Senate |
| 2024-05-16 | Vote | Passed Senate without amendment by Yea-Nay Vote. 60 - 38. Record Vote Number: 169. | Senate |
| 2024-05-16 | Floor | Measure laid before Senate by unanimous consent. (consideration: CR S3741-3745) | Senate |
| 2024-05-09 | IntroReferral | Received in the Senate. | Senate |
| 2024-05-08 | Floor | Motion to reconsider laid on the table Agreed to without objection. | House floor actions |
| 2024-05-08 | Vote | On passage Passed by the Yeas and Nays: 228 - 182 (Roll no. 189). (text: CR H2950) | House floor actions |
| 2024-05-08 | Floor | Considered as unfinished business. (consideration: CR H2981-2982) | House floor actions |
| 2024-05-08 | Floor | POSTPONED PROCEEDINGS - At the conclusion of debate on H.J. Res. 109, the Chair put the question on passage of the joint resolution and by voice vote announced that the ayes had prevailed. Mr. McHenry demanded the yeas and nays and the Chair postponed further proceedings until a time to be announced. | House floor actions |
| 2024-05-08 | Floor | The previous question was ordered pursuant to the rule. | House floor actions |
| 2024-05-08 | Floor | DEBATE - The House proceeded with one hour of debate on H.J. Res. 109. | House floor actions |
| 2024-05-08 | Floor | Rule provides for consideration of H.R. 6192, H.R. 7109, H.J. Res. 109 and H.R. 2925. The resolution provides for consideration of H.R. 6192 under a structured rule and H.R. 7109, H.J. Res. 109, and H.R. 2925 under a closed rule. Rule provides for one hour of general debate on H.R. 6192, H.R. 7109, and H.J. Res. 109, and thirty minutes of general debate on H.R. 2925. One motion to recommit allowed on each bill. | House floor actions |
| 2024-05-08 | Floor | Considered under the provisions of rule H. Res. 1194. (consideration: CR H2950-2963) | House floor actions |
| 2024-05-06 | Floor | Rules Committee Resolution H. Res. 1194 Reported to House. Rule provides for consideration of H.R. 6192, H.R. 7109, H.J. Res. 109 and H.R. 2925. The resolution provides for consideration of H.R. 6192 under a structured rule and H.R. 7109, H.J. Res. 109, and H.R. 2925 under a closed rule. Rule provides for one hour of general debate on H.R. 6192, H.R. 7109, and H.J. Res. 109, and thirty minutes of general debate on H.R. 2925. One motion to recommit allowed on each bill. | House floor actions |
| 2024-05-01 | Calendars | Placed on the Union Calendar, Calendar No. 398. | House floor actions |
| 2024-05-01 | Committee | Reported by the Committee on Financial Services. H. Rept. 118-480. | House floor actions |
| 2024-02-29 | Committee | Ordered to be Reported by the Yeas and Nays: 31 - 19. | House committee actions |
| 2024-02-29 | Committee | Committee Consideration and Mark-up Session Held | House committee actions |
| 2024-02-01 | IntroReferral | Referred to the House Committee on Financial Services. | House floor actions |
| 2024-02-01 | IntroReferral | Introduced in House | Library of Congress |