Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Department of Labor relating to "Amendment to Prohibited Transaction Exemptions 75-1, 77-4, 80-83, 83-1, and 86-128".

Bill 118 hjres 143, also known as the "Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Department of Labor relating to 'Amendment to Prohibited Transaction Exemptions 75-1, 77-4, 80-83, 83-1, and 86-128'", is a piece of legislation that aims to reject a rule proposed by the Department of Labor.

The rule in question pertains to amendments made to Prohibited Transaction Exemptions 75-1, 77-4, 80-83, 83-1, and 86-128. These exemptions are designed to allow certain transactions that would otherwise be prohibited under the Employee Retirement Income Security Act of 1974 (ERISA).

The bill seeks to disapprove of the Department of Labor's proposed rule changes, indicating that Congress does not support the amendments to the prohibited transaction exemptions. This disapproval falls under chapter 8 of title 5 of the United States Code, which outlines the process for Congress to reject agency rules. Overall, Bill 118 hjres 143 is a legislative effort to challenge and reject the Department of Labor's proposed amendments to Prohibited Transaction Exemptions, signaling Congress's disapproval of the rule changes.