A joint resolution providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Office of the Comptroller of Currency relating to "National Banks and Federal Savings Associations as Lenders".
USA117th CongressSJRES-15| Senate
| Updated: 6/30/2021
Chris Van Hollen
Democratic Senator
Maryland
Cosponsors (9)
Banking, Housing, and Urban Affairs Committee
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
This joint resolution nullifies the final rule issued by the Office of the Comptroller of the Currency titled National Banks and Federal Savings Associations as Lenders and published on October 30, 2020. The rule requires that to be considered a lender, a national bank or federal saving association must, as of the date of origination of the loan (1) be named as the lender in the loan agreement, or (2) fund the loan.
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Timeline
Introduced in Senate
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Committee on Banking, Housing, and Urban Affairs. Hearings held.
Placed on Senate Legislative Calendar under General Orders. Calendar No. 57.
Passed Senate without amendment by Yea-Nay Vote. 52 - 47. Record Vote Number: 183. (text: CR S2441)
View VoteMotion to proceed to consideration of measure agreed to in Senate by Voice Vote.
Measure laid before Senate by motion. (consideration: CR S2430-2431, S2436-2441)
Senate Committee on Banking, Housing, and Urban Affairs discharged by petition pursuant to 5 U.S.C. 802(c).
Message on Senate action sent to the House.
Received in the House.
Held at the desk.
Rules Committee Resolution H. Res. 486 Reported to House. The resolution provides for 1 hour of debate, orders the previous question, and allows a motion to recommit for each measure. Provides that H. Res. 485 is adopted. Provides that anytime through the legislative day of June 25, 2021, the Speaker may entertain motions offered by the Majority Leader or his designee that the House suspend the rules with respect to multiple measures that were the object of motions to suspend the rules on the legislative days of June 22 or 23, and on which the yeas and nays were ordered and further proceedings postponed.
Rule H. Res. 486 passed House.
Considered under the provisions of rule H. Res. 486. (consideration: CR H3099-3110)
The resolution provides for 1 hour of debate, orders the previous question, and allows a motion to recommit for each measure. Provides that H. Res. 485 is adopted. Provides that anytime through the legislative day of June 25, 2021, the Speaker may entertain motions offered by the Majority Leader or his designee that the House suspend the rules with respect to multiple measures that were the object of motions to suspend the rules on the legislative days of June 22 or 23, and on which the yeas and nays were ordered and further proceedings postponed.
DEBATE - The House proceeded with one hour of debate on S.J. Res. 15.
The previous question was ordered pursuant to the rule.
POSTPONED PROCEEDINGS - At the conclusion of debate on S.J.Res 15, the Chair put the question on passage of the bill and by voice vote, announced that the ayes had prevailed. Mr. McHenry demanded the yeas and nays and the Chair postponed further proceedings on passage of the bill until a time to be announced.
Considered as unfinished business. (consideration: CR H3114)
On passage Passed by the Yeas and Nays: 218 - 208 (Roll no. 181). (text: CR H3100)
View VoteMotion to reconsider laid on the table Agreed to without objection.
Presented to President.
Signed by President.
Became Public Law No: 117-24.
Finance and Financial Sector
Administrative law and regulatory proceduresBanking and financial institutions regulationCongressional oversightCredit and credit marketsDepartment of the Treasury
A joint resolution providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Office of the Comptroller of Currency relating to "National Banks and Federal Savings Associations as Lenders".
USA117th CongressSJRES-15| Senate
| Updated: 6/30/2021
This joint resolution nullifies the final rule issued by the Office of the Comptroller of the Currency titled National Banks and Federal Savings Associations as Lenders and published on October 30, 2020. The rule requires that to be considered a lender, a national bank or federal saving association must, as of the date of origination of the loan (1) be named as the lender in the loan agreement, or (2) fund the loan.
Suggested Questions
Get AI-generated questions to help you understand this bill better
Timeline
Introduced in Senate
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Committee on Banking, Housing, and Urban Affairs. Hearings held.
Placed on Senate Legislative Calendar under General Orders. Calendar No. 57.
Passed Senate without amendment by Yea-Nay Vote. 52 - 47. Record Vote Number: 183. (text: CR S2441)
View VoteMotion to proceed to consideration of measure agreed to in Senate by Voice Vote.
Measure laid before Senate by motion. (consideration: CR S2430-2431, S2436-2441)
Senate Committee on Banking, Housing, and Urban Affairs discharged by petition pursuant to 5 U.S.C. 802(c).
Message on Senate action sent to the House.
Received in the House.
Held at the desk.
Rules Committee Resolution H. Res. 486 Reported to House. The resolution provides for 1 hour of debate, orders the previous question, and allows a motion to recommit for each measure. Provides that H. Res. 485 is adopted. Provides that anytime through the legislative day of June 25, 2021, the Speaker may entertain motions offered by the Majority Leader or his designee that the House suspend the rules with respect to multiple measures that were the object of motions to suspend the rules on the legislative days of June 22 or 23, and on which the yeas and nays were ordered and further proceedings postponed.
Rule H. Res. 486 passed House.
Considered under the provisions of rule H. Res. 486. (consideration: CR H3099-3110)
The resolution provides for 1 hour of debate, orders the previous question, and allows a motion to recommit for each measure. Provides that H. Res. 485 is adopted. Provides that anytime through the legislative day of June 25, 2021, the Speaker may entertain motions offered by the Majority Leader or his designee that the House suspend the rules with respect to multiple measures that were the object of motions to suspend the rules on the legislative days of June 22 or 23, and on which the yeas and nays were ordered and further proceedings postponed.
DEBATE - The House proceeded with one hour of debate on S.J. Res. 15.
The previous question was ordered pursuant to the rule.
POSTPONED PROCEEDINGS - At the conclusion of debate on S.J.Res 15, the Chair put the question on passage of the bill and by voice vote, announced that the ayes had prevailed. Mr. McHenry demanded the yeas and nays and the Chair postponed further proceedings on passage of the bill until a time to be announced.
Considered as unfinished business. (consideration: CR H3114)
On passage Passed by the Yeas and Nays: 218 - 208 (Roll no. 181). (text: CR H3100)
View VoteMotion to reconsider laid on the table Agreed to without objection.
Presented to President.
Signed by President.
Became Public Law No: 117-24.
Chris Van Hollen
Democratic Senator
Maryland
Cosponsors (9)
Banking, Housing, and Urban Affairs Committee
Finance and Financial Sector
Related Bills
- HJRES 117-35: 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 "National Banks and Federal Savings Associations as Lenders".
- HRES 117-486: Providing for consideration of the bill (H.R. 2062) to amend the Age Discrimination in Employment Act of 1967 and other laws to clarify appropriate standards for Federal employment discrimination and retaliation claims, and for other purposes; providing for consideration of the bill (H.R. 239) to amend title 38, United States Code, to provide for limitations on copayments for contraception furnished by the Department of Veterans Affairs, and for other purposes; providing for consideration of the bill (H.R. 1443) to amend the Equal Credit Opportunity Act to require the collection of small business loan data related to LGBTQ- owned businesses; providing for consideration of the joint resolution (S.J. Res. 13) providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Equal Employment Opportunity Commission relating to "Update of Commission's Conciliation Procedures"; providing for consideration of the joint resolution (S.J. Res. 14) providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Environmental Protection Agency relating to "Oil and Natural Gas Sector: Emission Standards for New, Reconstructed, and Modified Sources Review"; providing for consideration of the joint resolution (S.J. Res. 15) providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Office of the Comptroller of Currency relating to "National Banks and Federal Savings Associations as Lenders"; and for other purposes.
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Administrative law and regulatory proceduresBanking and financial institutions regulationCongressional oversightCredit and credit marketsDepartment of the Treasury