A joint resolution 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.

Fact Sheet API

Bill Number

SJRES 19

Introduced

Feb 1, 2017

Latest Action

Placed on Senate Legislative Calendar under General Orders. Calendar No. 28.

Sponsor

Cosponsors

Topics

Administrative law and regulatory procedures Bank accounts, deposits, capital Congressional oversight Consumer credit Consumer Financial Protection Bureau Finance and Financial Sector

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Votes

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.

Actions

Mar 30, 2017

Placed on Senate Legislative Calendar under General Orders. Calendar No. 28.
Mar 30, 2017

Senate Committee on Banking, Housing, and Urban Affairs discharged by petition pursuant to 5 U.S.C. 802(c). (consideration: CR S2149; text: CR S2149)
Mar 30, 2017

Senate Committee on Banking, Housing, and Urban Affairs discharged by petition pursuant to 5 U.S.C. 802(c).(consideration: CR S2149; text: CR S2149)
Feb 1, 2017

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Feb 1, 2017

Introduced in Senate

Amendments

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