{"id":21586,"date":"2024-03-22T21:21:41","date_gmt":"2024-03-22T21:21:41","guid":{"rendered":"https:\/\/www.thinkadvisor.com\/2024\/03\/22\/house-panel-passes-bill-to-quash-dol-independent-contractor-rule\/"},"modified":"2024-03-22T21:21:41","modified_gmt":"2024-03-22T21:21:41","slug":"house-panel-passes-bill-to-quash-dol-independent-contractor-rule","status":"publish","type":"post","link":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/2024\/03\/22\/house-panel-passes-bill-to-quash-dol-independent-contractor-rule\/","title":{"rendered":"House Panel Passes Bill to Quash DOL Independent Contractor Rule"},"content":{"rendered":"<div class=\"media_block\"><a href=\"https:\/\/feeds.feedblitz.com\/-\/874175156\/0\/thinkadvisor\/\"><img decoding=\"async\" src=\"https:\/\/images.thinkadvisor.com\/contrib\/content\/uploads\/sites\/415\/2023\/03\/01_Washington_DC_Capitol_Money_Adobe_640x640.jpg\" class=\"media_thumbnail\"><\/a><\/div>\n<div><img decoding=\"async\" src=\"https:\/\/images.thinkadvisor.com\/contrib\/content\/uploads\/sites\/415\/2023\/03\/01_Washington_DC_Capitol_Money_Adobe_640x640.jpg\" class=\"ff-og-image-inserted\"><\/div>\n<p id=\"first-para\">Members of the House Education and the Workforce Committee voted this week to advance their version of a bill that seeks to invalidate the independent contractor classification and reporting rules <a href=\"https:\/\/www.thinkadvisor.com\/2024\/01\/09\/dol-releases-final-independent-contractor-rule\/\" target=\"_blank\" rel=\"noopener\">recently adopted by the Biden Labor Department<\/a>.<\/p>\n<p><a href=\"https:\/\/www.congress.gov\/bill\/118th-congress\/house-joint-resolution\/116?q=%7B%22search%22%3A%22independent+contractor%22%7D&amp;s=1&amp;r=1\" target=\"_blank\" rel=\"noopener\">As detailed on Congress.gov<\/a>, the Republican-controlled committee voted 21 to 13 to advance House Joint Resolution 116&nbsp;to the full House. A similar bill remains in committee in the Senate, <a href=\"https:\/\/www.congress.gov\/bill\/118th-congress\/senate-joint-resolution\/63\/all-actions?s=1&amp;r=2&amp;q=%7B%22search%22%3A%22independent+contractor%22%7D\" target=\"_blank\" rel=\"noopener\">congressional records show<\/a>.<\/p>\n<p>According to the House and Senate bills\u2019 backers, the legislation&nbsp;is intended entirely invalidate the rulemaking under chapter 8 of title 5 of the United States Code, which grants Congress the authority to review and potentially block agency rulemaking.<\/p>\n<p>Supporting lawmakers say the rules are arbitrary and capricious under the Administrative Procedure Act and that they also violate the Regulatory Flexibility Act.<\/p>\n<p>Similar arguments have also been raised in litigation filed by a variety of industry groups representing trucking companies, retailers, chambers of commerce and other interested parties \u2014 <a href=\"https:\/\/www.thinkadvisor.com\/2024\/03\/05\/fsi-asks-court-to-strike-down-dol-independent-contractor-rule\/\" target=\"_blank\" rel=\"noopener\">including trade groups in the financial services industry<\/a>, where advisors commonly work as independent contractors.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Members of the House Education and the Workforce Committee voted this week to advance their version of a bill that seeks to invalidate the independent contractor classification and reporting rules recently adopted by the&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":21587,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[],"tags":[1],"jetpack_featured_media_url":"https:\/\/blog.lifeinsurance-orleans.ca\/wp-content\/uploads\/2024\/03\/house-panel-passes-bill-to-quash-dol-independent-contractor-rule.jpg","_links":{"self":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/21586"}],"collection":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/comments?post=21586"}],"version-history":[{"count":0,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/21586\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/media\/21587"}],"wp:attachment":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/media?parent=21586"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/categories?post=21586"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/tags?post=21586"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}