Congress 116 - HJRES 90 - Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Office of the Comptroller of the Currency relating to "Community Reinvestment Act Regulations".

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Administrative law and regulatory procedures Bank accounts, deposits, capital Banking and financial institutions regulation Business investment and capital Congressional oversight Credit and credit markets Department of the Treasury Finance and Financial Sector

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Summary

This joint resolution nullifies a rule published on June 5, 2020, by the Office of the Comptroller of the Currency within the Department of the Treasury.

The rule generally revises the office's implementation of the Community Reinvestment Act (CRA), which requires banks to serve the credit needs of low- and moderate-income communities. Under the CRA, a bank receives credit, which influences the bank's performance rating, for conducting specified activities related to this requirement in designated assessment areas.

Among other things, the rule revises qualifying CRA activities, sets forth new procedures for determining if an activity qualifies under the CRA, and expands designated assessment areas.

Actions

Oct 19, 2020

Motion to proceed to consideration of measure rejected in Senate by Yea-Nay Vote. 43 - 48. Record Vote Number: 201.
Oct 19, 2020

Motion to proceed to consideration of measure made in Senate. (CR S6052)
Jun 30, 2020

Received in the Senate.
Jun 29, 2020

Motion to reconsider laid on the table Agreed to without objection.
Jun 29, 2020

On passage Passed by the Yeas and Nays: 230 - 179 (Roll no. 129). (text: 06/26/2020 CR H2571)
Jun 29, 2020

Passed/agreed to in House: On passage Passed by the Yeas and Nays: 230 - 179 (Roll no. 129).(text: 06/26/2020 CR H2571)
Jun 29, 2020

Considered as unfinished business. (consideration: CR H2668-2669)
Jun 26, 2020

POSTPONED PROCEEDINGS - At the conclusion of debate on H.J. Res. 90, the Chair put the question on passage of the joint resolution and by voice vote, announced that the ayes had prevailed. Ms. Waters demanded the yeas and nays and the Chair postponed further proceedings on the joint resolution.
Jun 26, 2020

The previous question was ordered pursuant to the rule.
Jun 26, 2020

DEBATE - The House proceeded with one hour of debate on H.J. Res. 90.
Jun 26, 2020

Rule provides for consideration of H.R. 1425, H.R. 5332, H.R. 7120, H.R. 7301 and H.J. Res. 90. The resolution provides that the provisions of section 125(c) of the Uruguay Round Agreements Act shall not apply during the remainder of the 116th Congress and the resolution amends H.Res. 967, agreed to on May 15, 2020.
Jun 26, 2020

Considered under the provisions of rule H. Res. 1017. (consideration: CR H2571-2580; text: CR H2571)
Jun 25, 2020

Rule H. Res. 1017 passed House.
Jun 24, 2020

Rules Committee Resolution H. Res. 1017 Reported to House. Rule provides for consideration of H.R. 1425, H.R. 5332, H.R. 7120, H.R. 7301 and H.J. Res. 90. The resolution provides that the provisions of section 125(c) of the Uruguay Round Agreements Act shall not apply during the remainder of the 116th Congress and the resolution amends H.Res. 967, agreed to on May 15, 2020.
Jun 11, 2020

Referred to the House Committee on Financial Services.
Jun 11, 2020

Introduced in House

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