[Congressional Bills 118th Congress]
[From the U.S. Government Publishing Office]
[H.J. Res. 109 Engrossed in House (EH)]

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118th CONGRESS
  2d Session
H. J. RES. 109

_______________________________________________________________________

                            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.

            Passed the House of Representatives May 8, 2024.

            Attest:

                                                                 Clerk.
118th CONGRESS

  2d Session

                             H. J. RES. 109

_______________________________________________________________________

                            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''.