Bill
Bill > HJRes39
US HJRes39
US HJRes39Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Federal Trade Commission relating to "Premerger Notification; Reporting and Waiting Period Requirements".
summary
Introduced
02/11/2025
02/11/2025
In Committee
02/11/2025
02/11/2025
Crossed Over
Passed
Dead
Introduced Session
119th Congress
Bill Summary
Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Federal Trade Commission relating to "Premerger Notification; Reporting and Waiting Period Requirements".
AI Summary
This resolution provides for congressional disapproval of a Federal Trade Commission (FTC) rule concerning premerger notification procedures. Specifically, the resolution targets a rule published on November 12, 2024, regarding reporting and waiting period requirements for corporate mergers. By invoking Chapter 8 of Title 5 of the United States Code, which provides a mechanism for Congress to review and potentially nullify federal agency rules, the resolution seeks to completely invalidate the FTC's regulation. If passed, the rule would be rendered unenforceable, effectively blocking the FTC's proposed changes to merger notification processes. The resolution represents a legislative check on administrative rulemaking, allowing Congress to directly intervene in a regulatory decision made by a federal agency.
Committee Categories
Justice
Sponsors (4)
Last Action
Referred to the House Committee on the Judiciary. (on 02/11/2025)
bill text
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.congress.gov/bill/119th-congress/house-joint-resolution/39/all-info |
| BillText | https://www.congress.gov/119/bills/hjres39/BILLS-119hjres39ih.pdf |
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