H.J.Res. 109 — Reported in House

IB Union Calendar No. 398 118th CONGRESS 2d Session H. J. RES. 109 [Report No. 118–480] IN THE HOUSE OF REPRESENTATIVES February 1, 2024Mr. Flood (for himself and Mr. Nickel) submitted the following joint resolution; which was referred to the Committee on Financial Services May 1, 2024Additional sponsors: Mr. Emmer, Mr. Soto, and Mr. Hill May 1, 2024Committed 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. 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. May 1, 2024Committed to the Committee of the Whole House on the State of the Union and ordered to be printed