S.J.Res. 9Senate115th Congress (2017-2019)In Committee

A 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 the disclosure of payments by resource extraction issuers.

Introduced January 30, 2017

AI-Generated Summary

Updated April 15, 2026 at 12:16 PM UTC

This joint resolution invokes the Congressional Review Act to reject an SEC rule that would require companies in the resource extraction sector (such as mining, oil, and gas firms) to publicly disclose payments they make to governments. By disapproving the rule, Congress would prevent it from taking effect. The action mainly affects the SEC, resource‑extraction companies, and any foreign governments that might receive such payments.

Key Provisions

  • Congress disapproves the SEC rule on disclosure of payments by resource extraction issuers (81 Fed. Reg. 49360, July 27, 2016) and directs that the rule have no force or effect.

Legislative Activity

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2 earlier actions
SenateCommittee Latest Action

Committee on Small Business and Entrepreneurship. Hearings held. Hearings printed: S.Hrg. 115-322.

May 15, 2018

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SenateIntro Referral

Introduced in Senate

January 30, 2017

SenateIntro Referral

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (Sponsor introductory remarks on measure: CR S492-493)

January 30, 2017

SenateCommittee

Committee on Small Business and Entrepreneurship. Hearings held. Hearings printed: S.Hrg. 115-322.

May 15, 2018

Floor Debate

7 members

What members said about S.J.Res. 9 on the floor

5 Republicans2 Democrats
James M. Inhofe
Sen. James M. InhofeR-OK · Jan 30, 2017

Mr. President, we are introducing today a CRA that is kind of interesting. This is something that has only been successful one time. I think everyone knows that during the past 8 years, under the…

Chuck Grassley
Sen. Chuck GrassleyR-IA · Jan 30, 2017

Mr. President, the resolution of disapproval I am introducing today via the Congressional Review Act repeals a Social Security regulation that unfairly stigmatizes people with disabilities. It also…

Shelley Moore Capito
Sen. Shelley Moore CapitoR-WV · Jan 30, 2017

Mr. President, the last 6 years have been devastating to local economies across coal country. The Mine Safety and Health Administration has estimated that at least 60,000 coal jobs have been lost…

Dianne Feinstein
Sen. Dianne FeinsteinD-CA · Jan 30, 2017

Mr. President, I have come to the floor as we have just filed a resolution--a bill actually--with 26 cosponsors that would repeal the immigration ban placed by President Trump. President Trump's…

John Hoeven
Sen. John HoevenR-ND · Jan 30, 2017

Mr. President, I rise today to introduce S. 245., the Indian Tribal Energy Development and Self-Determination Act Amendments of 2017. Over 10 years ago, Congress passed the Indian Tribal Energy…

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James M. Inhofe
Sen. James M. InhofeR-OK · Jan 30, 2017

Mr. President, I ask unanimous consent that my 10 minutes be extended to 15 minutes. I yield the floor. I suggest the absence of a quorum.

Mitch McConnell
Sen. Mitch McConnellR-KY · Jan 30, 2017

Mr. President, I ask unanimous consent that the text of the joint resolution be printed in the Record.

Brian Schatz
Sen. Brian SchatzD-HI · Jan 30, 2017

Mr. President, I ask unanimous consent that the order for the quorum call be rescinded.

Bill Text

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Introduced in SenateIssued January 30, 2017

IIA

115th CONGRESS

1st Session

S. J. RES. 9

IN THE SENATE OF THE UNITED STATES

January 30, 2017

Mr. Inhofe (for himself, Mr. McConnell, Mr. Rounds, Mr. Cassidy, Mr. Roberts, Mr. Barrasso, and Mr. Lee) introduced the following joint resolution; which was read twice and referred to the Committee on Banking, Housing, and Urban Affairs

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 the disclosure of payments by resource extraction issuers.

That Congress disapproves the rule submitted by the Securities and Exchange Commission relating to the disclosure of payments by resource extraction issuers (81 Fed. Reg. 49360 (July 27, 2016)), and such rule shall have no force or effect.