Us Congress 2023 2023-2024 Regular Session

Us Congress House Bill HJR109 Introduced / Bill

Filed 05/01/2024

                    IB 
Union Calendar No. 398 
118THCONGRESS 
2
DSESSION 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 
FEBRUARY1, 2024 
Mr. F
LOOD(for himself and Mr. NICKEL) submitted the following joint 
resolution; which was referred to the Committee on Financial Services 
M
AY1, 2024 
Additional sponsors: Mr. E
MMER, Mr. SOTO, and Mr. HILL 
M
AY1, 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 Representatives1
of the United States of America in Congress assembled, 2
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•HJ 109 RH 
That Congress disapproves the rule submitted by the Se-1
curities and Exchange Commission relating to ‘‘Staff Ac-2
counting Bulletin No. 121’’ (87 Fed. Reg. 21015 (April 3
11, 2022) and a letter of opinion from the Government 4
Accountability Office dated October 31, 2023 (which was 5
printed in the Congressional Record on November 1, 6
2023, on pages S5310–5312), concluding that such Staff 7
Accounting Bulletin is a rule under chapter 8 of title 5, 8
United States Code), and such rule shall have no force 9
or effect. 10
VerDate Sep 11 2014 21:17 May 01, 2024 Jkt 049200 PO 00000 Frm 00002 Fmt 6652 Sfmt 6201 E:\BILLS\HJ109.RH HJ109
kjohnson on DSK7ZCZBW3PROD with $$_JOB VerDate Sep 11 2014 21:17 May 01, 2024 Jkt 049200 PO 00000 Frm 00003 Fmt 6652 Sfmt 6201 E:\BILLS\HJ109.RH HJ109
kjohnson on DSK7ZCZBW3PROD with $$_JOB Union Calendar No. 
398 
118
TH
CONGRESS 
2
D
S
ESSION
 
H. J. RES. 109 
[Report No. 118–480] 
JOINT RESOLUTION 
Providing for congressional disapproval under chap-
ter 8 of title 5, United States Code, of the rule 
submitted by the Securities and Exchange Com-
mission relating to ‘‘Staff Accounting Bulletin 
No. 121’’. 
M
AY
1, 2024 
Committed to the Committee of the Whole House on the 
State of the Union and ordered to be printed 
VerDate Sep 11 2014 21:17 May 01, 2024 Jkt 049200 PO 00000 Frm 00004 Fmt 6651 Sfmt 6651 E:\BILLS\HJ109.RH HJ109
kjohnson on DSK7ZCZBW3PROD with $$_JOB