House Passes H.J.Res. 109 With Bipartisan Support to Overturn SEC SAB 121
May 09, 2024
May 09, 2024
WASHINGTON, May 9 -- Rep. Patrick T. McHenry, R-North Carolina, chairman of the House Financial Services Committee, issued the following news release on May 8, 2024:
Today, the U.S. House of Representatives passed Representative Mike Flood's (NE-01) bipartisan H.J.Res. 109, "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. 1 . . .
Today, the U.S. House of Representatives passed Representative Mike Flood's (NE-01) bipartisan H.J.Res. 109, "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. 1 . . .