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S.J.Res.9 / 115th Congress

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.

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

Official summary

Version 00 · Introduced in Senate · Jan 30, 2017

This joint resolution nullifies the "Disclosure of Payments by Resource Extraction Issuers" rule finalized by the Securities and Exchange Commission on July 27, 2016. (The rule, mandated under the Dodd-Frank Wall Street Reform and Consumer Protection Act, requires resource extraction issuers to disclose payments made to governments for the commercial development of oil, natural gas, or minerals.)

Read the summary on Congress.gov
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Who introduced it

Sen. Inhofe, James M. [R-OK] · R–OK

Committees

  • Small Business and Entrepreneurship Committee
  • Banking, Housing, and Urban Affairs Committee
16 cosponsorship records, including any withdrawals

Actions

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

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

  3. Introduced in Senate

Bill text & related measures

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Related bills identified by Congress.gov

Source last updated: Sep 8, 2026. Consult Congress.gov for the current record.

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Neutral evidence review

Objective

Analyze S.J.Res.9 as objectively as possible. Explain its main provisions, who would be affected, possible benefits and harms, implementation, exceptions, and uncertainties. Present the strongest arguments for and against it, and identify evidence needed to assess its public impact.

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Fairness and public impact

Progressive lens

Examine S.J.Res.9 through a progressive lens, focusing on fairness, access, economic inequality, and effects on vulnerable communities. Explain potential benefits, costs, and unintended consequences. Consider the strongest counterarguments and distinguish stated goals from demonstrated outcomes.

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Institutions and government scope

Conservative lens

Examine S.J.Res.9 through a conservative lens, focusing on fiscal responsibility, institutional stability, federalism, and the scope of government. Explain potential benefits, costs, and unintended consequences. Consider the strongest counterarguments and any provisions that challenge this perspective.

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Individual rights and government power

Liberty lens

Examine S.J.Res.9 through a civil-liberties and limited-government lens. Consider individual rights, privacy, voluntary choice, accountability, and government power. Explain tradeoffs, possible safeguards, and the strongest counterarguments without assuming the proposal is beneficial or harmful.

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