Reported in House

[Congressional Bills 118th Congress] [From the U.S. Government Publishing Office] [H.J. Res. 109 Reported in House (RH)] Union Calendar No. 398 118th CONGRESS 2d Session H. J. RES. 109 [Report No. 118-480] Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Securities and Exchange Commission relating to ``Staff Accounting Bulletin No. 121''. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES February 1, 2024 Mr. Flood (for himself and Mr. Nickel) submitted the following joint resolution; which was referred to the Committee on Financial Services May 1, 2024 Additional sponsors: Mr. Emmer, Mr. Soto, and Mr. Hill May 1, 2024 Committed to the Committee of the Whole House on the State of the Union and ordered to be printed _______________________________________________________________________ JOINT RESOLUTION Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Securities and Exchange Commission relating to ``Staff Accounting Bulletin No. 121''. 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 Securities and Exchange Commission relating to ``Staff Accounting Bulletin No. 121'' (87 Fed. Reg. 21015 (April 11, 2022) and a letter of opinion from the Government Accountability Office dated October 31, 2023 (which was printed in the Congressional Record on November 1, 2023, on pages S5310-5312), concluding that such Staff Accounting Bulletin is a rule under chapter 8 of title 5, United States Code), and such rule shall have no force or effect. Union Calendar No. 398 118th CONGRESS 2d Session H. J. RES. 109 [Report No. 118-480] _______________________________________________________________________ JOINT RESOLUTION Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Securities and Exchange Commission relating to ``Staff Accounting Bulletin No. 121''. _______________________________________________________________________ May 1, 2024 Committed to the Committee of the Whole House on the State of the Union and ordered to be printed