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    <number>119</number>
    <updateDate>2025-05-27T14:12:00Z</updateDate>
    <updateDateIncludingText>2025-05-27T14:12:00Z</updateDateIncludingText>
    <originChamber>House</originChamber>
    <originChamberCode>H</originChamberCode>
    <type>HJRES</type>
    <introducedDate>2024-03-21</introducedDate>
    <congress>118</congress>
    <cdata>
      <constitutionalAuthorityStatementText>&lt;pre&gt;[Congressional Record Volume 170, Number 50 (Thursday, March 21, 2024)][House]From the Congressional Record Online through the Government Publishing Office [&lt;a href="https://www.gpo.gov"&gt;www.gpo.gov&lt;/a&gt;]By Mr. MOONEY:H.J. Res. 119.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8The single subject of this legislation is:Securities and Exchange Commission[Page H1354]&lt;/pre&gt;</constitutionalAuthorityStatementText>
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        <systemCode>hsba00</systemCode>
        <name>Financial Services Committee</name>
        <chamber>House</chamber>
        <type>Standing</type>
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            <name>Referred To</name>
            <date>2024-03-21T14:01:40Z</date>
          </item>
        </activities>
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    <actions>
      <item>
        <actionDate>2024-03-21</actionDate>
        <text>Referred to the House Committee on Financial Services.</text>
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        <actionDate>2024-03-21</actionDate>
        <text>Introduced in House</text>
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        <sourceSystem>
          <code>9</code>
          <name>Library of Congress</name>
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      <item>
        <actionDate>2024-03-21</actionDate>
        <text>Introduced in House</text>
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        <actionCode>1000</actionCode>
        <sourceSystem>
          <code>9</code>
          <name>Library of Congress</name>
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    </actions>
    <sponsors>
      <item>
        <bioguideId>M001195</bioguideId>
        <fullName>Rep. Mooney, Alexander X. [R-WV-2]</fullName>
        <firstName>Alexander</firstName>
        <lastName>Mooney</lastName>
        <party>R</party>
        <state>WV</state>
        <middleName>X.</middleName>
        <district>2</district>
        <isByRequest>N</isByRequest>
      </item>
    </sponsors>
    <cosponsors>
      <item>
        <bioguideId>M001204</bioguideId>
        <fullName>Rep. Meuser, Daniel [R-PA-9]</fullName>
        <firstName>Daniel</firstName>
        <lastName>Meuser</lastName>
        <party>R</party>
        <state>PA</state>
        <district>9</district>
        <sponsorshipDate>2024-03-21</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>O000175</bioguideId>
        <fullName>Rep. Ogles, Andrew [R-TN-5]</fullName>
        <firstName>Andrew</firstName>
        <lastName>Ogles</lastName>
        <party>R</party>
        <state>TN</state>
        <district>5</district>
        <sponsorshipDate>2024-03-21</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>H001072</bioguideId>
        <fullName>Rep. Hill, J. French [R-AR-2]</fullName>
        <firstName>J.</firstName>
        <lastName>Hill</lastName>
        <party>R</party>
        <state>AR</state>
        <middleName>French</middleName>
        <district>2</district>
        <sponsorshipDate>2024-03-21</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
      </item>
    </cosponsors>
    <policyArea>
      <name>Finance and Financial Sector</name>
    </policyArea>
    <subjects>
      <legislativeSubjects/>
      <policyArea>
        <name>Finance and Financial Sector</name>
        <updateDate>2024-03-25T19:00:20Z</updateDate>
      </policyArea>
    </subjects>
    <summaries>
      <summary>
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        <actionDate>2024-03-21</actionDate>
        <actionDesc>Introduced in House</actionDesc>
        <updateDate>2024-10-25T18:40:55Z</updateDate>
        <cdata>
          <text>&lt;p&gt;This joint resolution nullifies the final rule issued by the Securities and Exchange Commission (SEC) titled &lt;em&gt;Private Fund Advisers; Documentation of Registered Investment Adviser Compliance Reviews&lt;/em&gt; and published on September 14, 2023. The rule requires SEC-registered advisers to private funds to disclose information to investors regarding compensation, sales practices, and conflicts of interest. It also requires SEC-registered advisers to give investors independent fairness opinions and valuation opinions when initiating certain private fund transactions.&lt;/p&gt;&lt;!--tinycomments|2.1|data:application/json;base64,eyJtY2UtY29udmVyc2F0aW9uXzgwNjkyMTg2ODIxNzI4NjYxODU5OTMzIjp7InVpZCI6Im1jZS1jb252ZXJzYXRpb25fODA2OTIxODY4MjE3Mjg2NjE4NTk5MzMiLCJjb21tZW50cyI6W3sidWlkIjoibWNlLWNvbnZlcnNhdGlvbl84MDY5MjE4NjgyMTcyODY2MTg1OTkzMyIsImF1dGhvciI6ImFyZWVkQGxpYi5sb2MuZ292IiwiYXV0aG9yTmFtZSI6ImFyZWVkQGxpYi5sb2MuZ292IiwiY29udGVudCI6Imh0dHBzOi8vd3d3LnNlYy5nb3YvZmlsZXMvcnVsZXMvZmluYWwvMjAyMy9pYS02MzgzLnBkZiIsImNyZWF0ZWRBdCI6IjIwMjQtMTAtMTFUMTU6NTA6NTkuOTMzWiIsIm1vZGlmaWVkQXQiOiIyMDI0LTEwLTExVDE1OjUwOjU5LjkzM1oifV19LCJtY2UtY29udmVyc2F0aW9uXzQ1MzUwMDcxNDMxNzI4NjYxODgxODU5Ijp7InVpZCI6Im1jZS1jb252ZXJzYXRpb25fNDUzNTAwNzE0MzE3Mjg2NjE4ODE4NTkiLCJjb21tZW50cyI6W3sidWlkIjoibWNlLWNvbnZlcnNhdGlvbl80NTM1MDA3MTQzMTcyODY2MTg4MTg1OSIsImF1dGhvciI6ImFyZWVkQGxpYi5sb2MuZ292IiwiYXV0aG9yTmFtZSI6ImFyZWVkQGxpYi5sb2MuZ292IiwiY29udGVudCI6Imh0dHBzOi8vd3d3Lmh1bnRvbmFrLmNvbS9pbnNpZ2h0cy9sZWdhbC9zZWMtYWRvcHRzLWZpbmFsLXJ1bGVzLW9uLXByaXZhdGUtZnVuZC1hZHZpc2Vycy1kb2N1bWVudGF0aW9uLW9mLXJlZ2lzdGVyZWQtaW52ZXN0bWVudC1hZHZpc2VyLWNvbXBsaWFuY2UiLCJjcmVhdGVkQXQiOiIyMDI0LTEwLTExVDE1OjUxOjIxLjg1OVoiLCJtb2RpZmllZEF0IjoiMjAyNC0xMC0xMVQxNTo1MToyMS44NTlaIn1dfX0=--&gt;</text>
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      </summary>
    </summaries>
    <title>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 "Private Fund Advisers; Documentation of Registered Investment Adviser Compliance Reviews".</title>
    <titles>
      <item>
        <titleType>Display Title</titleType>
        <titleTypeCode>45</titleTypeCode>
        <title>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 "Private Fund Advisers; Documentation of Registered Investment Adviser Compliance Reviews".</title>
        <updateDate>2024-06-11T15:42:22Z</updateDate>
      </item>
      <item>
        <titleType>Official Title as Introduced</titleType>
        <titleTypeCode>6</titleTypeCode>
        <title>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 "Private Fund Advisers; Documentation of Registered Investment Adviser Compliance Reviews".</title>
        <updateDate>2024-03-23T06:34:22Z</updateDate>
        <billTextVersionName>Introduced in House</billTextVersionName>
        <billTextVersionCode>IH</billTextVersionCode>
      </item>
    </titles>
    <textVersions>
      <item>
        <type>Introduced in House</type>
        <date>2024-03-21T04:00:00Z</date>
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          <item>
            <url>https://www.govinfo.gov/content/pkg/BILLS-118hjres119ih/xml/BILLS-118hjres119ih.xml</url>
          </item>
        </formats>
      </item>
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    <latestAction>
      <actionDate>2024-03-21</actionDate>
      <text>Referred to the House Committee on Financial Services.</text>
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    <dc:language>EN</dc:language>
    <dc:rights>Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.</dc:rights>
    <dc:contributor>Congressional Research Service, Library of Congress</dc:contributor>
    <dc:description>This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.</dc:description>
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