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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".

USA116th CongressHJRES-90| House 
| Updated: 10/19/2020
Maxine Waters

Maxine Waters

Democratic Representative

California

Cosponsors (82)
Al Lawson (Democratic)Tim Ryan (Democratic)Val Butler Demings (Democratic)John Garamendi (Democratic)Sylvia R. Garcia (Democratic)Barbara Lee (Democratic)Robin L. Kelly (Democratic)Joseph P. Kennedy (Democratic)Raúl M. Grijalva (Democratic)Karen Bass (Democratic)James R. Langevin (Democratic)Joyce Beatty (Democratic)Lisa Blunt Rochester (Democratic)David N. Cicilline (Democratic)David J. Trone (Democratic)Emanuel Cleaver (Democratic)Sheila Jackson Lee (Democratic)Carolyn B. Maloney (Democratic)Bill Foster (Democratic)Joe Courtney (Democratic)David Scott (Democratic)Juan Vargas (Democratic)Terri A. Sewell (Democratic)Bobby L. Rush (Democratic)Jimmy Panetta (Democratic)Madeleine Dean (Democratic)Tony Cárdenas (Democratic)Jennifer Wexton (Democratic)Paul Tonko (Democratic)Wm. Lacy Clay (Democratic)Rosa L. DeLauro (Democratic)Anthony G. Brown (Democratic)Adriano Espaillat (Democratic)Danny K. Davis (Democratic)Lucille Roybal-Allard (Democratic)Peter A. DeFazio (Democratic)Vicente Gonzalez (Democratic)Ro Khanna (Democratic)Al Green (Democratic)André Carson (Democratic)Stephen F. Lynch (Democratic)Gregory W. Meeks (Democratic)Dean Phillips (Democratic)Jahana Hayes (Democratic)David E. Price (Democratic)Marcia L. Fudge (Democratic)James A. Himes (Democratic)John Lewis (Democratic)Alma S. Adams (Democratic)Pramila Jayapal (Democratic)Eleanor Holmes Norton (Democratic)Brad Sherman (Democratic)Bonnie Watson Coleman (Democratic)Denny Heck (Democratic)Tulsi Gabbard (Democratic)Jamie Raskin (Democratic)Joe Neguse (Democratic)Cynthia Axne (Democratic)Sean Casten (Democratic)Janice D. Schakowsky (Democratic)James P. McGovern (Democratic)Alexandria Ocasio-Cortez (Democratic)Michael F. Q. San Nicolas (Democratic)Adam Smith (Democratic)Nydia M. Velázquez (Democratic)Julia Brownley (Democratic)Yvette D. Clarke (Democratic)Jose E. Serrano (Democratic)Cedric L. Richmond (Democratic)Bennie G. Thompson (Democratic)Earl Blumenauer (Democratic)Suzanne Bonamici (Democratic)Josh Gottheimer (Democratic)Ed Perlmutter (Democratic)Jesús G. "Chuy" García (Democratic)Grace Meng (Democratic)Cheri Bustos (Democratic)Rashida Tlaib (Democratic)Ayanna Pressley (Democratic)Alcee L. Hastings (Democratic)Grace F. Napolitano (Democratic)Katie Porter (Democratic)

Financial Services Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
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.

Bill Text Versions

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3 versions available

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Timeline
Jun 11, 2020
Introduced in House
Jun 11, 2020
Referred to the House Committee on Financial Services.
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 25, 2020
Rule H. Res. 1017 passed House.
Jun 26, 2020
Considered under the provisions of rule H. Res. 1017. (consideration: CR H2571-2580; text: CR H2571)
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
DEBATE - The House proceeded with one hour of debate on H.J. Res. 90.
Jun 26, 2020
The previous question was ordered pursuant to the rule.
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 30, 2020
Considered as unfinished business. (consideration: CR H2668-2669)
Jun 30, 2020
On passage Passed by the Yeas and Nays: 230 - 179 (Roll no. 129). (text: 06/26/2020 CR H2571)
View Vote
Jun 30, 2020
Motion to reconsider laid on the table Agreed to without objection.
Jun 30, 2020
Received in the Senate.
Oct 19, 2020
Motion to proceed to consideration of measure made in Senate. (CR S6052)
Oct 19, 2020
Motion to proceed to consideration of measure rejected in Senate by Yea-Nay Vote. 43 - 48. Record Vote Number: 201.
View Vote
  • June 11, 2020
    Introduced in House
  • June 11, 2020
    Referred to the House Committee on Financial Services.
  • June 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.
  • June 25, 2020
    Rule H. Res. 1017 passed House.
  • June 26, 2020
    Considered under the provisions of rule H. Res. 1017. (consideration: CR H2571-2580; text: CR H2571)
  • June 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.
  • June 26, 2020
    DEBATE - The House proceeded with one hour of debate on H.J. Res. 90.
  • June 26, 2020
    The previous question was ordered pursuant to the rule.
  • June 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.
  • June 30, 2020
    Considered as unfinished business. (consideration: CR H2668-2669)
  • June 30, 2020
    On passage Passed by the Yeas and Nays: 230 - 179 (Roll no. 129). (text: 06/26/2020 CR H2571)
    View Vote
  • June 30, 2020
    Motion to reconsider laid on the table Agreed to without objection.
  • June 30, 2020
    Received in the Senate.
  • October 19, 2020
    Motion to proceed to consideration of measure made in Senate. (CR S6052)
  • October 19, 2020
    Motion to proceed to consideration of measure rejected in Senate by Yea-Nay Vote. 43 - 48. Record Vote Number: 201.
    View Vote

Finance and Financial Sector

Related Bills

  • HRES 116-1017: Providing for consideration of the bill (H.R. 51) to provide for the admission of the State of Washington, D.C. into the Union; providing for consideration of the bill (H.R. 1425) to amend the Patient Protection and Affordable Care Act to provide for a Improve Health Insurance Affordability Fund to provide for certain reinsurance payments to lower premiums in the individual health insurance market; providing for consideration of the bill (H.R. 5332) to amend the Fair Credit Reporting Act to ensure that consumer reporting agencies are providing fair and accurate information reporting in consumer reports, and for other purposes; providing for consideration of the bill (H.R. 7120) to hold law enforcement accountable for misconduct in court, improve transparency through data collection, and reform police training and policies; providing for consideration of the bill (H.R. 7301) to prevent evictions, foreclosures, and unsafe housing conditions resulting from the COVID-19 pandemic, and for other purposes; providing for consideration of the joint resolution (H.J. Res. 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; and for other purposes.
Administrative law and regulatory proceduresBank accounts, deposits, capitalBanking and financial institutions regulationBusiness investment and capitalCongressional oversightCredit and credit marketsDepartment of the Treasury

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".

USA116th CongressHJRES-90| House 
| Updated: 10/19/2020
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.

Bill Text Versions

View Text
3 versions available

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Jun 11, 2020
Introduced in House
Jun 11, 2020
Referred to the House Committee on Financial Services.
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 25, 2020
Rule H. Res. 1017 passed House.
Jun 26, 2020
Considered under the provisions of rule H. Res. 1017. (consideration: CR H2571-2580; text: CR H2571)
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
DEBATE - The House proceeded with one hour of debate on H.J. Res. 90.
Jun 26, 2020
The previous question was ordered pursuant to the rule.
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 30, 2020
Considered as unfinished business. (consideration: CR H2668-2669)
Jun 30, 2020
On passage Passed by the Yeas and Nays: 230 - 179 (Roll no. 129). (text: 06/26/2020 CR H2571)
View Vote
Jun 30, 2020
Motion to reconsider laid on the table Agreed to without objection.
Jun 30, 2020
Received in the Senate.
Oct 19, 2020
Motion to proceed to consideration of measure made in Senate. (CR S6052)
Oct 19, 2020
Motion to proceed to consideration of measure rejected in Senate by Yea-Nay Vote. 43 - 48. Record Vote Number: 201.
View Vote
  • June 11, 2020
    Introduced in House
  • June 11, 2020
    Referred to the House Committee on Financial Services.
  • June 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.
  • June 25, 2020
    Rule H. Res. 1017 passed House.
  • June 26, 2020
    Considered under the provisions of rule H. Res. 1017. (consideration: CR H2571-2580; text: CR H2571)
  • June 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.
  • June 26, 2020
    DEBATE - The House proceeded with one hour of debate on H.J. Res. 90.
  • June 26, 2020
    The previous question was ordered pursuant to the rule.
  • June 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.
  • June 30, 2020
    Considered as unfinished business. (consideration: CR H2668-2669)
  • June 30, 2020
    On passage Passed by the Yeas and Nays: 230 - 179 (Roll no. 129). (text: 06/26/2020 CR H2571)
    View Vote
  • June 30, 2020
    Motion to reconsider laid on the table Agreed to without objection.
  • June 30, 2020
    Received in the Senate.
  • October 19, 2020
    Motion to proceed to consideration of measure made in Senate. (CR S6052)
  • October 19, 2020
    Motion to proceed to consideration of measure rejected in Senate by Yea-Nay Vote. 43 - 48. Record Vote Number: 201.
    View Vote
Maxine Waters

Maxine Waters

Democratic Representative

California

Cosponsors (82)
Al Lawson (Democratic)Tim Ryan (Democratic)Val Butler Demings (Democratic)John Garamendi (Democratic)Sylvia R. Garcia (Democratic)Barbara Lee (Democratic)Robin L. Kelly (Democratic)Joseph P. Kennedy (Democratic)Raúl M. Grijalva (Democratic)Karen Bass (Democratic)James R. Langevin (Democratic)Joyce Beatty (Democratic)Lisa Blunt Rochester (Democratic)David N. Cicilline (Democratic)David J. Trone (Democratic)Emanuel Cleaver (Democratic)Sheila Jackson Lee (Democratic)Carolyn B. Maloney (Democratic)Bill Foster (Democratic)Joe Courtney (Democratic)David Scott (Democratic)Juan Vargas (Democratic)Terri A. Sewell (Democratic)Bobby L. Rush (Democratic)Jimmy Panetta (Democratic)Madeleine Dean (Democratic)Tony Cárdenas (Democratic)Jennifer Wexton (Democratic)Paul Tonko (Democratic)Wm. Lacy Clay (Democratic)Rosa L. DeLauro (Democratic)Anthony G. Brown (Democratic)Adriano Espaillat (Democratic)Danny K. Davis (Democratic)Lucille Roybal-Allard (Democratic)Peter A. DeFazio (Democratic)Vicente Gonzalez (Democratic)Ro Khanna (Democratic)Al Green (Democratic)André Carson (Democratic)Stephen F. Lynch (Democratic)Gregory W. Meeks (Democratic)Dean Phillips (Democratic)Jahana Hayes (Democratic)David E. Price (Democratic)Marcia L. Fudge (Democratic)James A. Himes (Democratic)John Lewis (Democratic)Alma S. Adams (Democratic)Pramila Jayapal (Democratic)Eleanor Holmes Norton (Democratic)Brad Sherman (Democratic)Bonnie Watson Coleman (Democratic)Denny Heck (Democratic)Tulsi Gabbard (Democratic)Jamie Raskin (Democratic)Joe Neguse (Democratic)Cynthia Axne (Democratic)Sean Casten (Democratic)Janice D. Schakowsky (Democratic)James P. McGovern (Democratic)Alexandria Ocasio-Cortez (Democratic)Michael F. Q. San Nicolas (Democratic)Adam Smith (Democratic)Nydia M. Velázquez (Democratic)Julia Brownley (Democratic)Yvette D. Clarke (Democratic)Jose E. Serrano (Democratic)Cedric L. Richmond (Democratic)Bennie G. Thompson (Democratic)Earl Blumenauer (Democratic)Suzanne Bonamici (Democratic)Josh Gottheimer (Democratic)Ed Perlmutter (Democratic)Jesús G. "Chuy" García (Democratic)Grace Meng (Democratic)Cheri Bustos (Democratic)Rashida Tlaib (Democratic)Ayanna Pressley (Democratic)Alcee L. Hastings (Democratic)Grace F. Napolitano (Democratic)Katie Porter (Democratic)

Financial Services Committee

Finance and Financial Sector

Related Bills

  • HRES 116-1017: Providing for consideration of the bill (H.R. 51) to provide for the admission of the State of Washington, D.C. into the Union; providing for consideration of the bill (H.R. 1425) to amend the Patient Protection and Affordable Care Act to provide for a Improve Health Insurance Affordability Fund to provide for certain reinsurance payments to lower premiums in the individual health insurance market; providing for consideration of the bill (H.R. 5332) to amend the Fair Credit Reporting Act to ensure that consumer reporting agencies are providing fair and accurate information reporting in consumer reports, and for other purposes; providing for consideration of the bill (H.R. 7120) to hold law enforcement accountable for misconduct in court, improve transparency through data collection, and reform police training and policies; providing for consideration of the bill (H.R. 7301) to prevent evictions, foreclosures, and unsafe housing conditions resulting from the COVID-19 pandemic, and for other purposes; providing for consideration of the joint resolution (H.J. Res. 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; and for other purposes.
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Administrative law and regulatory proceduresBank accounts, deposits, capitalBanking and financial institutions regulationBusiness investment and capitalCongressional oversightCredit and credit marketsDepartment of the Treasury