Providing for consideration of the bill (H.R. 2988) to amend the Employee Retirement Income Security Act of 1974 to specify requirements concerning the consideration of pecuniary and non-pecuniary factors, and for other purposes; providing for consideration of the bill (H.R. 2262) to amend the Fair Labor Standards Act of 1938 to exclude certain activities from hours worked, and for other purposes; providing for consideration of the bill (H.R. 2270) to amend the Fair Labor Standards Act of 1938 to exclude child and dependent care services and payments from the rate used to compute overtime compensation; providing for consideration of the bill (H.R. 2312) to amend the Fair Labor Standards Act of 1938 to revise the definition of the term ''tipped employee'', and for other purposes; and providing for consideration of the bill (H.R. 4366) to clarify the treatment of 2 or more employers as joint employers under the National Labor Relations Act and the Fair Labor Standards Act of 1938.

H.Res. 988 is a procedural resolution that the House passed to establish the rules for considering five separate labor-related bills. This resolution does not itself change any laws, but rather sets the framework for how the House will debate and vote on these five bills.

The five bills covered by this resolution would make changes to labor and employment law. One bill would modify retirement plan rules under the Employee Retirement Income Security Act. Three bills would amend the Fair Labor Standards Act in different ways: one would exclude certain activities from hours worked calculations, another would exclude child and dependent care services from overtime pay calculations, and a third would change how tipped employees are defined. The fifth bill would clarify how the National Labor Relations Act and Fair Labor Standards Act treat situations where multiple employers work together.

Since this is a procedural resolution that has passed the House, it now moves to the Senate for consideration. If the Senate approves this resolution, it would allow the House to proceed with debating and voting on these five labor bills under the established rules. The actual impact on workers and employers would depend on whether these five underlying bills are ultimately passed and enacted into law.