HJRES109: Providing for congressional disapproval under chapter 8 of title 5, United States Code, of…
118th Congress (2023–2025) · House joint resolution · Sponsor: Rep. Flood, Mike [R-NE-1]
This page covers HJRES109 in the 118th Congress. Bill numbers start over every Congress, so HJRES109 in another Congress is a different bill.
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".
Key facts
| Item |
Detail |
| Roll-call votes |
3 |
| Chamber |
House and Senate |
| Latest vote |
2024-07-11: Failed |
| Latest action |
2024-07-11: The Chair directed the Clerk to notify the Senate of the action of the House. |
| Policy area |
Finance and Financial Sector |
| Official record |
Congress.gov |
What the bill does
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.
Subjects: Administrative law and regulatory procedures, Congressional oversight, Congressional-executive branch relations, Securities and Exchange Commission (SEC)
Roll-call votes on HJRES109 (118th Congress)
Every recorded vote on this bill, newest first, with a link to the official tally. Member-by-member positions are on each member’s profile.
| Date |
Chamber |
Question |
Result |
Yea |
Nay |
Not voting |
Record |
| 2024-07-11 |
House |
2/3 Yea-And-Nay |
Failed |
198 |
159 |
12 |
Official tally |
| 2024-05-16 |
Senate |
On the Joint Resolution H. J. Res. 109 |
Joint Resolution Passed (60-38) |
51 |
33 |
2 |
Official tally |
| 2024-05-08 |
House |
Yea-and-Nay |
Passed |
194 |
158 |
14 |
Official tally |
What is HJRES109 in the 118th Congress?
HJRES109 (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".) was introduced in the 118th Congress (2023–2025) by Rep. Flood, Mike [R-NE-1].
What is the latest action on HJRES109?
On 2024-07-11: The Chair directed the Clerk to notify the Senate of the action of the House.
How many roll-call votes were held on HJRES109?
3 recorded votes in the 118th Congress. The most recent, on 2024-07-11, was "2/3 Yea-And-Nay": Failed.
