Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Bureau of Consumer Financial Protection relating to prepaid accounts under the Electronic Fund Transfer Act and the Truth in Lending Act.
Latest action · Feb 14, 2017 Referred to the House Committee on Financial Services.
Progress
Where this resolution reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedFeb 14, 2017
- Passed HouseNot reached
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
This joint resolution nullifies the rule finalized by the Consumer Financial Protection Bureau on November 22, 2016, relating to prepaid accounts under the Electronic Fund Transfer Act and the Truth in Lending Act. The rule establishes various consumer protections with respect to prepaid accounts.
Cosponsors 45
Members who signed on, in the order they did. Signatures ran from Feb 14, 2017 to Mar 28, 2017; 34 are original cosponsors, there from the day it was introduced.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| R-WV | Alexander X. Mooney | Original | Feb 14, 2017 |
| R-KY | Andy Barr | Original | Feb 14, 2017 |
| R-MO | Ann Wagner | Original | Feb 14, 2017 |
| R-GA | Barry Loudermilk | Original | Feb 14, 2017 |
| R-MI | Bill Huizenga | Original | Feb 14, 2017 |
| R-FL | Bill Posey | Original | Feb 14, 2017 |
| R-MO | Blaine Luetkemeyer | Original | Feb 14, 2017 |
| R-ME | Bruce Poliquin | Original | Feb 14, 2017 |
| R-NY | Claudia Tenney | Original | Feb 14, 2017 |
| R-MI | David A. Trott | Original | Feb 14, 2017 |
| R-TN | David Kustoff | Original | Feb 14, 2017 |
| R-FL | Dennis A. Ross | Original | Feb 14, 2017 |
| R-CA | Edward R. Royce | Original | Feb 14, 2017 |
| R-OK | Frank D. Lucas | Original | Feb 14, 2017 |
| R-AR | J. French Hill | Original | Feb 14, 2017 |
| R-TX | Jeb Hensarling | Original | Feb 14, 2017 |
| R-PA | Keith J. Rothfus | Original | Feb 14, 2017 |
| R-NY | Lee M. Zeldin | Original | Feb 14, 2017 |
| R-IN | Luke Messer | Original | Feb 14, 2017 |
| R-UT | Mia B. Love | Original | Feb 14, 2017 |
| R-NC | Patrick T. McHenry | Original | Feb 14, 2017 |
| R-NY | Peter T. King | Original | Feb 14, 2017 |
| R-IL | Randy Hultgren | Original | Feb 14, 2017 |
| R-NC | Robert Pittenger | Original | Feb 14, 2017 |
| R-CO | Scott R. Tipton | Original | Feb 14, 2017 |
| R-WI | Sean P. Duffy | Original | Feb 14, 2017 |
| R-NM | Stevan Pearce | Original | Feb 14, 2017 |
| R-OH | Steve Stivers | Original | Feb 14, 2017 |
| R-NC | Ted Budd | Original | Feb 14, 2017 |
| R-NJ | Thomas MacArthur | Original | Feb 14, 2017 |
| R-MN | Tom Emmer | Original | Feb 14, 2017 |
| R-GA | Tom Graves | Original | Feb 14, 2017 |
| R-IN | Trey Hollingsworth | Original | Feb 14, 2017 |
| R-OH | Warren Davidson | Original | Feb 14, 2017 |
| R-UT | Chris Stewart | Mar 2, 2017 | |
| R-TN | David P. Roe | Mar 2, 2017 | |
| R-TX | John R. Carter | Mar 2, 2017 | |
| R-TX | Pete Sessions | Mar 2, 2017 | |
| R-GA | A. Drew Ferguson IV | Mar 7, 2017 | |
| R-GA | Earl L. "Buddy" Carter | Mar 7, 2017 | |
| R-FL | Ron DeSantis | Mar 7, 2017 | |
| R-OK | Tom Cole | Mar 7, 2017 | |
| R-GA | Doug Collins | Mar 28, 2017 | |
| R-NC | Mark Walker | Mar 28, 2017 | |
| R-WI | Mike Gallagher | Mar 28, 2017 |
Committees 1
Where it was sent and what each committee and subcommittee did with it, in order.
| Chamber | Committee | What it did |
|---|---|---|
| House | Financial Services Committee | Referred Feb 14, 2017 |
Actions 2
Everything that happened, newest first.
- Feb 14, 2017Introduced in House
- Feb 14, 2017Referred to the House Committee on Financial Services.
Research
What has been written about this resolution: committee reports, cost estimates, the sponsor’s authority statement, printed hearings and the Congressional Research Service’s work.
Constitutional authority
The sponsor’s statement, as printed in the Congressional Record, vol. 163, no. 26, February 14, 2017, page H1186.
Related bills 2
Companion bills and other measures the record links to this one.
Titles 1
Every title it has carried, official and short, at each stage.
- Official Title as Introduced
- Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Bureau of Consumer Financial Protection relating to prepaid accounts under the Electronic Fund Transfer Act and the Truth in Lending Act.
Subjects
Assigned by the Library of Congress. Policy area: Finance and Financial Sector.
Text 1
Each version as it was printed, newest first.
- Feb 14, 2017Introduced in House
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this resolution on Congress.gov and govinfo.gov; cost estimates are the Congressional Budget Office's, and the hearings are the printed hearings GovInfo publishes, which can appear months after the hearing.