All recent votes 118th CongressHouse and Senate

H.J.Res. 109Providing 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".

3 recorded actions324 of these members are on the 2026 ballotWhat the measure does Read on Congress.gov

Sponsor: Mike Flood [R-NE-01]
Cosponsors: 4 · 2 Democrats · 2 Republicans
Policy area: Finance and Financial Sector
Committee: Financial Services Committee
Latest action: Jul 11, 2024 · The Chair directed the Clerk to notify the Senate of the action of the House.

IntroducedFeb 1, 2024
Passed the HouseMay 8, 2024
Passed the SenateMay 16, 2024
Sent to the PresidentMay 23, 2024
VetoedMay 31, 2024

What the measure doesCRS summary

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.

Written by the nonpartisan Congressional Research Service, describing H.J.Res. 109 as passed Senate on May 16, 2024. It is not the text of the measure; a later amendment may have changed what it does.

Roll calls on H.J.Res. 1093 roll calls on this measure

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May 8, 2024Each bar: ✓ Yea from the bottom, ✕ Nay aboveJul 11, 2024

How every member votedHouse roll call 189

House May 8, 2024 · the primary vote

On Passage

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”

Passed

228 Yea 182 Nay 19 not voting

Party-line vote 21 of 410 voting members broke with their own party: 21 Democrats.

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How the chamber split

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DemocratsRepublicansFilled: YeaRing: NayGrey: not voting or present

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All members429 members

Democratic213 members

Republican216 members

marks half of the votes cast. A party’s majority is the side most of its voting members took.

Cosponsors4 · 2 Democrats · 2 Republicans

Signing on is not a vote: a member can cosponsor H.J.Res. 109 and vote against it. 1 signed when it was filed.

DWiley Nickel [D-NC-13]Original

RTom Emmer [R-MN-06]Joined Mar 5, 20242026 profile

DDarren Soto [D-FL-09]Joined Mar 5, 20242026 profile

RJ. French Hill [R-AR-02]Joined Mar 5, 20242026 profile

Loading the public record

Who lobbied on H.J.Res. 10913 organizations

Organizations that named H.J.Res. 109 in a lobbying disclosure. Only those that cited the bill by number appear, so this is a floor, not a full list.

ANCHOR LABS, INC.filed by GRAYROBINSON PA, ANCHOR LABS, INC.

Banking · Accounting · Financial Institutions/Investments/Securities · Taxation/Internal Revenue Code7 filings · 4th Quarter (Oct 1 - Dec 31) 2024Filing

AMERICAN BANKERS ASSOCIATIONIts PAC: American Bankers Association PAC

Accounting · Agriculture · Banking · Bankruptcy +14 more4 filings · 4th Quarter (Oct 1 - Dec 31) 2024Filing

BLOCKCHAIN ASSOCIATIONIts PAC: Blockchain Association PAC

Banking · Commodities (big ticket) · Computer Industry · Financial Institutions/Investments/Securities4 filings · 4th Quarter (Oct 1 - Dec 31) 2024Filing

CITIGROUP WASHINGTON, INC.

Financial Institutions/Investments/Securities · Taxation/Internal Revenue Code · Trade (domestic/foreign)4 filings · 4th Quarter (Oct 1 - Dec 31) 2024Filing

FINANCIAL SERVICES FORUMIts PAC: Financial Services Forum PAC

Financial Institutions/Investments/Securities3 filings · 3rd Quarter (July 1 - Sep 30) 2024Filing

SECURITIES INDUSTRY AND FINANCIAL MARKETS ASSOCIATIONIts PAC: Securities Industry & Financial Markets Association PAC

Banking · Commodities (big ticket) · Financial Institutions/Investments/Securities · Taxation/Internal Revenue Code +1 more3 filings · 3rd Quarter (July 1 - Sep 30) 2024Filing

ANCHORAGE DIGITAL BANKfiled by MERCURY STRATEGIES, LLC

Financial Institutions/Investments/Securities2 filings · 4th Quarter (Oct 1 - Dec 31) 2024Filing

CONSUMER TECHNOLOGY ASSOCIATIONIts PAC: Consumer Technology Association PAC

Environment/Superfund · Trade (domestic/foreign) · Communications/Broadcasting/Radio/TV · Immigration +9 more2 filings · 3rd Quarter (July 1 - Sep 30) 2024Filing

DEFI EDUCATION FUND

Financial Institutions/Investments/Securities · Banking · Commodities (big ticket) · Computer Industry2 filings · 3rd Quarter (July 1 - Sep 30) 2024Filing

JPMORGAN CHASE HOLDINGS LLC

Homeland Security · Small Business · Taxation/Internal Revenue Code · Travel/Tourism +3 more2 filings · 3rd Quarter (July 1 - Sep 30) 2024Filing

36 disclosures name this measure. Retrieved from LDA.gov on 2026-10-04. Senate Office of Public Records cannot vouch for the data or analyses derived from these data after the data have been retrieved from LDA.gov.