H.J.Res. 109 · 118th Congress

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".

Introduced on Feb 1, 2024 by Mike Flood (R-NE-1). 4 cosponsors, 2 of them from another party. Latest action (Jul 11, 2024): The Chair directed the Clerk to notify the Senate of the action of the House.

Stage
Sent to the President
Introduced
Feb 1, 2024
Cosponsors
4
2 from the other party
Policy area
Finance and Financial Sector
Open in the Congress explorerCongress.govAlert me

Progress

The furthest stage the measure reached. Simple and concurrent resolutions do not go to the President.

  1. Introduced
  2. Reported by committee
  3. Passed one chamber
  4. Passed both chambers
  5. Sent to the President
  6. 6Became law

Subjects

  • Administrative law and regulatory procedures
  • Congressional oversight
  • Congressional-executive branch relations
  • Securities and Exchange Commission (SEC)

Summary

The Congressional Research Service has not summarized this measure yet.

Sponsor and cosponsors

Cosponsors by party as of the day they signed on. Original cosponsors signed on the day of introduction.

Mike FloodR-NE-1Sponsor

Democrats · 2

Republicans · 2

Roll calls

Recorded votes on the measure. Most measures move by voice vote or unanimous consent, which record no individual positions.

  1. On Passage
    May 8, 2024· House· Passage· Passed 228–182
  2. On the Joint Resolution
    May 16, 2024· Senate· Passage· Joint Resolution Passed 60–38
  3. Passage, Objections of the President To The Contrary Notwithstanding
    Jul 11, 2024· House· Passage· Failed 228–184

History

Every action as published, oldest first. Roll calls link to how each member voted.

  1. Feb 1, 2024Introduced in House
  2. Feb 1, 2024Introduced in House
  3. Feb 1, 2024 · HouseReferred to the House Committee on Financial Services.
  4. Feb 29, 2024 · HouseCommittee Consideration and Mark-up Session Held
  5. Feb 29, 2024 · HouseOrdered to be Reported by the Yeas and Nays: 31 - 19.
  6. May 1, 2024Reported by the Committee on Financial Services. H. Rept. 118-480.
  7. May 1, 2024 · HouseReported by the Committee on Financial Services. H. Rept. 118-480.
  8. May 1, 2024 · HousePlaced on the Union Calendar, Calendar No. 398.
  9. May 6, 2024 · HouseRules Committee Resolution H. Res. 1194 Reported to House. Rule provides for consideration of H.R. 6192, H.R. 7109, H.J. Res. 109 and H.R. 2925. The resolution provides for consideration of H.R. 6192 under a structured rule and H.R. 7109, H.J. Res. 109, and H.R. 2925 under a closed rule. Rule provides for one hour of general debate on H.R. 6192, H.R. 7109, and H.J. Res. 109, and thirty minutes of general debate on H.R. 2925. One motion to recommit allowed on each bill.
  10. May 8, 2024 · HouseConsidered under the provisions of rule H. Res. 1194. (consideration: CR H2950-2963)
  11. May 8, 2024 · HouseRule provides for consideration of H.R. 6192, H.R. 7109, H.J. Res. 109 and H.R. 2925. The resolution provides for consideration of H.R. 6192 under a structured rule and H.R. 7109, H.J. Res. 109, and H.R. 2925 under a closed rule. Rule provides for one hour of general debate on H.R. 6192, H.R. 7109, and H.J. Res. 109, and thirty minutes of general debate on H.R. 2925. One motion to recommit allowed on each bill.
  12. May 8, 2024 · HouseDEBATE - The House proceeded with one hour of debate on H.J. Res. 109.
  13. May 8, 2024 · HouseThe previous question was ordered pursuant to the rule.
  14. May 8, 2024 · HousePOSTPONED PROCEEDINGS - At the conclusion of debate on H.J. Res. 109, the Chair put the question on passage of the joint resolution and by voice vote announced that the ayes had prevailed. Mr. McHenry demanded the yeas and nays and the Chair postponed further proceedings until a time to be announced.
  15. May 8, 2024 · HouseConsidered as unfinished business. (consideration: CR H2981-2982)
  16. May 8, 2024Passed/agreed to in House: On passage Passed by the Yeas and Nays: 228 - 182 (Roll no. 189). (text: CR H2950)House · Roll call 189
  17. May 8, 2024 · HouseOn passage Passed by the Yeas and Nays: 228 - 182 (Roll no. 189). (text: CR H2950)House · Roll call 189
  18. May 8, 2024 · HouseMotion to reconsider laid on the table Agreed to without objection.
  19. May 9, 2024 · SenateReceived in the Senate.
  20. May 16, 2024 · SenateMeasure laid before Senate by unanimous consent. (consideration: CR S3741-3745)
  21. May 16, 2024Passed/agreed to in Senate: Passed Senate without amendment by Yea-Nay Vote. 60 - 38. Record Vote Number: 169.Senate · Roll call 169
  22. May 16, 2024 · SenatePassed Senate without amendment by Yea-Nay Vote. 60 - 38. Record Vote Number: 169.Senate · Roll call 169
  23. May 20, 2024 · SenateMessage on Senate action sent to the House.
  24. May 23, 2024Presented to President.
  25. May 23, 2024 · HousePresented to President.
  26. May 31, 2024Vetoed by President.
  27. May 31, 2024 · HouseVetoed by President.
  28. Jun 3, 2024 · HouseThe Chair laid before the House the veto message from the President.
  29. Jun 3, 2024 · HouseThe Chair announced that the objections of the President to H.J. Res. 109 would be spread at large upon the Journal, and the veto message would be printed as a House Document (118-145).
  30. Jun 3, 2024 · HouseMr. Grothman asked unanimous consent That, further consideration of the veto message and the joint resolution, H.J. Res. 109, be postponed until the legislative day of July 10, 2024. Agreed to without objection.
  31. Jul 10, 2024 · HouseThe Chair laid before the House the veto message from the President.
  32. Jul 10, 2024 · HouseDEBATE - Pursuant to a previous order of the House of June 3, 2024, the unfinished business is the further consideration of the veto message of the President on H.J. Res. 109. The House proceeded with one hour of debate on the objections of the President to the contrary notwithstanding. (consideration: CR H4543-4547)
  33. Jul 10, 2024 · HouseThe previous question was ordered without objection.
  34. Jul 10, 2024 · HousePOSTPONED PROCEEDINGS - At the conclusion of debate on the veto message of the President to H.J. Res. 109, the Chair put the question on will the House, on reconsideration, pass H.J. Res. 109, the objections of the President to the contrary notwithstanding. Under the Constitution, the vote must be taken by the yeas and nays. Further proceedings were postponed until a time to be announced.
  35. Jul 11, 2024 · HouseThe Chair announced the unfinished business to be the consideration of the veto. (consideration: CR H4610-4611)
  36. Jul 11, 2024Failed of passage in House over veto On passage, the objections of the President to the contrary notwithstanding Failed by the Yeas and Nays: (2/3 required): 228 - 184 (Roll no. 355). (text: 5/8/2024 CR H2950)House · Roll call 355
  37. Jul 11, 2024 · HouseOn passage, the objections of the President to the contrary notwithstanding Failed by the Yeas and Nays: (2/3 required): 228 - 184 (Roll no. 355). (text: 5/8/2024 CR H2950)House · Roll call 355
  38. Jul 11, 2024 · HouseOn motion to refer the bill and the accompanying veto message to the Committee on Financial Services. Agreed to without objection.
  39. Jul 11, 2024 · HouseThe Chair directed the Clerk to notify the Senate of the action of the House.

Committees

Committees and subcommittees the measure was referred to.

Agencies in its committees' jurisdiction

Analisa's mapping of committee jurisdiction to federal agencies; the bill may touch others, or none of these.

Who lobbied on it

Organizations whose lobbying reports (LD-2) name this measure. Spending is what they reported for those quarters on all issues, not on this measure alone.

  1. BLOCKCHAIN ASSOCIATION8 reports
    $2M reported (all issues)
  2. DEFI EDUCATION FUND8 reports
    $530K reported (all issues)
  3. ANCHOR LABS, INC.7 reports
    $480K reported (all issues)
  4. American Bankers Association4 reports
    $6.6M reported (all issues)Federal contractor: AMERICAN BANKERS ASSOCIATIONAI match · 100%
  5. Citigroup Washington, Inc.4 reports
    $4M reported (all issues)
  6. CONSUMER TECHNOLOGY ASSOCIATION3 reports
    $4M reported (all issues)
  7. FINANCIAL SERVICES FORUM3 reports
    $2.1M reported (all issues)
  8. SECURITIES INDUSTRY AND FINANCIAL MARKETS ASSOCIATION3 reports
    $4.6M reported (all issues)
  9. Anchorage Digital Bank2 reports
    $120K reported (all issues)
  10. JPMORGAN CHASE HOLDINGS LLC2 reports
    $1.7M reported (all issues)
  11. CHAMBER OF PROGRESS1 report
    $120K reported (all issues)
  12. NORTHERN TRUST CORPORATION1 report
    $90K reported (all issues)
  13. Nova Labs, Inc.1 report

Reports filed in 2024.

Sources and method

Every figure on this page traces to these records.

  • Bill status: bills and resolutions, sponsors, actions, subjects and CRS summaries (U.S. Government Publishing Office (GovInfo), from Congress.gov (Library of Congress))GovInfo Bill Status bulk data (Congress.gov; summaries by the Congressional Research Service) · data current to Oct 7, 2026 · loaded Oct 7, 2026 · license: Public domain (U.S. Government work, 17 U.S.C. § 105)
  • Members of Congress, their terms, committees and identifiers (The @unitedstates project (from the Biographical Directory of the U.S. Congress, the House and the Senate))unitedstates/congress-legislators: legislators, committees and current committee membership · data current to Oct 3, 2026 · loaded Oct 3, 2026 · license: CC0 1.0 (public domain dedication)
  • House roll-call votes (Office of the Clerk, U.S. House of Representatives)Office of the Clerk, U.S. House of Representatives, roll-call vote records · data current to Oct 3, 2026 · loaded Oct 3, 2026 · license: Public domain (U.S. Government work, 17 U.S.C. § 105)
  • Senate roll-call votes and DW-NOMINATE scores (Voteview (UCLA Department of Political Science))Lewis, Jeffrey B., Keith Poole, Howard Rosenthal, Adam Boche, Aaron Rudkin, and Luke Sonnet (2026). Voteview: Congressional Roll-Call Votes Database. https://voteview.com/ · data current to Oct 3, 2026 · loaded Oct 3, 2026 · license: Free to use with the required citation
  • Lobbying disclosures (LD-1 registrations, LD-2 quarterly reports, LD-203 contribution reports) (Clerk of the U.S. House of Representatives)Clerk of the House, Lobbying Disclosure Act filings (organizations only; lobbyists' names are not loaded) · data current to Oct 7, 2026 · loaded Oct 7, 2026 · license: Public domain (U.S. Government work, 17 U.S.C. § 105)
  • Positions are shown only where a roll call recorded them; voice votes and unanimous consent record none.
  • Money and votes are shown side by side; neither explains the other.