Congress 118 - SJRES 32 - 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 "Small Business Lending Under the Equal Credit Opportunity Act (Regulation B)".

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Topics

Banking and financial institutions regulation Congressional-executive branch relations Consumer Financial Protection Bureau Credit and credit markets Finance and Financial Sector Small business

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Summary

This joint resolution nullifies the final rule issued by the Consumer Financial Protection Bureau titled Small Business Lending under the Equal Credit Opportunity Act (Regulation B) and published on May 31, 2023. The rule requires financial institutions to collect and report to the bureau credit application data for small businesses. On July 31, 2023, the U.S. District Court for the Southern District of Texas ordered the bureau not to implement or enforce the rule until a related pending case is resolved.

Actions

Jan 10, 2024

Failed of passage in Senate over veto by Yea-Nay Vote. 54 - 45. Record Vote Number: 5.
Jan 10, 2024

Failed of passage in Senate over veto: Failed of passage in Senate over veto by Yea-Nay Vote. 54 - 45. Record Vote Number: 5.
Jan 10, 2024

Veto Message considered in Senate. (consideration: CR S66-67)
Dec 19, 2023

Veto message received in Senate. Ordered held at the desk. (text: CR S6048)
Dec 19, 2023

Vetoed by President.
Dec 14, 2023

Presented to President.
Dec 1, 2023

Motion to reconsider laid on the table Agreed to without objection.
Dec 1, 2023

On passage Passed by the Yeas and Nays: 221 - 202, 1 Present (Roll no. 690). (text: CR H6055)
Dec 1, 2023

Passed/agreed to in House: On passage Passed by the Yeas and Nays: 221 - 202, 1 Present (Roll no. 690). (text: CR H6055)
Dec 1, 2023

The previous question was ordered pursuant to the rule.
Dec 1, 2023

DEBATE - The House proceeded with one hour of debate on S.J. Res. 32.
Dec 1, 2023

Rule provides for consideration of H.R. 5283, H.R. 5961 and S.J. Res. 32. The resolution provides for consideration of H.R. 5283 and H.R. 5961 under a structured rule and S. J. Res. 32 under a closed rule. Rule provides for one hour of general debate on each measure with one motion to recommit on H.R. 5283 and H.R. 5961 and one motion to commit on S. J. Res. 32.
Dec 1, 2023

Considered under the provisions of rule H. Res. 891. (consideration: CR H6055-6062)
Nov 29, 2023

Rule H. Res. 891 passed House.
Nov 28, 2023

Rules Committee Resolution H. Res. 891 Reported to House. Rule provides for consideration of H.R. 5283, H.R. 5961 and S.J. Res. 32. The resolution provides for consideration of H.R. 5283 and H.R. 5961 under a structured rule and S. J. Res. 32 under a closed rule. Rule provides for one hour of general debate on each measure with one motion to recommit on H.R. 5283 and H.R. 5961 and one motion to commit on S. J. Res. 32.
Oct 25, 2023

Held at the desk.
Oct 25, 2023

Received in the House.
Oct 18, 2023

Message on Senate action sent to the House.
Oct 18, 2023

Passed Senate without amendment by Yea-Nay Vote. 53 - 44. Record Vote Number: 260. (consideration: CR S5055, S5061-5062; text: CR S5062)
Oct 18, 2023

Passed/agreed to in Senate: Passed Senate without amendment by Yea-Nay Vote. 53 - 44. Record Vote Number: 260.(consideration: CR S5055, S5061-5062; text: CR S5062)
Oct 17, 2023

Placed on Senate Legislative Calendar under General Orders. Calendar No. 228.
Oct 17, 2023

Senate Committee on Banking, Housing, and Urban Affairs discharged, by petition, pursuant to 5 U.S.C. 802(c).
Jun 13, 2023

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Jun 13, 2023

Introduced in Senate

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