| 1 | + | 118THCONGRESS |
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| 2 | + | 2 |
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| 3 | + | DSESSION H. J. RES. 109 |
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| 4 | + | JOINT RESOLUTION |
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| 5 | + | Providing for congressional disapproval under chapter 8 of |
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| 6 | + | title 5, United States Code, of the rule submitted by |
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| 7 | + | the Securities and Exchange Commission relating to |
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| 8 | + | ‘‘Staff Accounting Bulletin No. 121’’. |
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| 9 | + | Resolved by the Senate and House of Representatives1 |
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| 10 | + | of the United States of America in Congress assembled, 2 |
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| 11 | + | That Congress disapproves the rule submitted by the 3 2 |
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| 12 | + | •HJ 109 EH |
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| 13 | + | Securities and Exchange Commission relating to ‘‘Staff 1 |
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| 14 | + | Accounting Bulletin No. 121’’ (87 Fed. Reg. 21015 (April 2 |
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| 15 | + | 11, 2022) and a letter of opinion from the Government 3 |
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| 16 | + | Accountability Office dated October 31, 2023 (which was 4 |
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| 17 | + | printed in the Congressional Record on November 1, 5 |
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| 18 | + | 2023, on pages S5310–5312), concluding that such Staff 6 |
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| 19 | + | Accounting Bulletin is a rule under chapter 8 of title 5, 7 |
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| 20 | + | United States Code), and such rule shall have no force 8 |
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| 21 | + | or effect. 9 |
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| 22 | + | Passed the House of Representatives May 8, 2024. |
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| 23 | + | Attest: |
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| 24 | + | Clerk. 118 |
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| 25 | + | TH |
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| 26 | + | CONGRESS |
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| 27 | + | 2 |
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| 28 | + | D |
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| 29 | + | S |
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| 30 | + | ESSION |
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| 31 | + | |
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| 9 | | - | Providing for congressional disapproval under chapter 8 of title 5, United States |
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| 10 | | - | Code, of the rule submitted by the Securities and Exchange Commission relating |
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| 11 | | - | to ‘‘Staff Accounting Bulletin No. 121’’. |
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| 12 | | - | Resolved by the Senate and House of Representatives of the |
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| 13 | | - | United States of America in Congress assembled, That Congress |
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| 14 | | - | disapproves the rule submitted by the Securities and Exchange |
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| 15 | | - | Commission relating to ‘‘Staff Accounting Bulletin No. 121’’ (87 |
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| 16 | | - | Fed. Reg. 21015 (April 11, 2022) and a letter of opinion from |
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| 17 | | - | the Government Accountability Office dated October 31, 2023 (which |
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| 18 | | - | was printed in the Congressional Record on November 1, 2023, |
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| 19 | | - | on pages S5310–5312), concluding that such Staff Accounting Bul- |
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| 20 | | - | letin is a rule under chapter 8 of title 5, United States Code), |
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| 21 | | - | and such rule shall have no force or effect. |
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| 22 | | - | Speaker of the House of Representatives. |
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| 23 | | - | Vice President of the United States and |
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| 24 | | - | President of the Senate. |
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| 34 | + | Providing for congressional disapproval under chap- |
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| 35 | + | ter 8 of title 5, United States Code, of the rule |
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| 36 | + | submitted by the Securities and Exchange Com- |
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| 37 | + | mission relating to ‘‘Staff Accounting Bulletin |
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| 38 | + | No. 121’’. |
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