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Disapproving the rule submitted by the Consumer Financial Protection Bureau relating to "Small Business Lending Under the Equal Credit Opportunity Act (Regulation B)".

USA118th CongressHJRES-66| House 
| Updated: 11/28/2023
Roger Williams

Roger Williams

Republican Representative

Texas

Cosponsors (39)
Dusty Johnson (Republican)Michael C. Burgess (Republican)Barry Moore (Republican)David Kustoff (Republican)Trent Kelly (Republican)Mike Johnson (Republican)Alexander X. Mooney (Republican)Warren Davidson (Republican)Neal P. Dunn (Republican)Mike Ezell (Republican)Mariannette Miller-Meeks (Republican)Beth Van Duyne (Republican)Andrew Ogles (Republican)Pete Sessions (Republican)Nathaniel Moran (Republican)J. French Hill (Republican)Rudy Yakym (Republican)Ronny Jackson (Republican)Daniel Meuser (Republican)Andy Barr (Republican)Mike Flood (Republican)Jodey C. Arrington (Republican)Ann Wagner (Republican)Brad Finstad (Republican)Kelly Armstrong (Republican)Glenn Grothman (Republican)John R. Moolenaar (Republican)Scott Fitzgerald (Republican)Harriet M. Hageman (Republican)Michael Cloud (Republican)August Pfluger (Republican)Blaine Luetkemeyer (Republican)Mike Gallagher (Republican)Randy Feenstra (Republican)Monica De La Cruz (Republican)Ralph Norman (Republican)Josh Brecheen (Republican)Bryan Steil (Republican)Michael Guest (Republican)

Financial Services Committee

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

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Timeline
May 31, 2023
Introduced in House
May 31, 2023
Referred to the House Committee on Financial Services.
Jul 27, 2023
Ordered to be Reported by the Yeas and Nays: 29 - 21.
Jul 27, 2023
Committee Consideration and Mark-up Session Held
Nov 28, 2023
Placed on the Union Calendar, Calendar No. 224.
Nov 28, 2023
Reported by the Committee on Financial Services. H. Rept. 118-279.
  • May 31, 2023
    Introduced in House


  • May 31, 2023
    Referred to the House Committee on Financial Services.


  • July 27, 2023
    Ordered to be Reported by the Yeas and Nays: 29 - 21.


  • July 27, 2023
    Committee Consideration and Mark-up Session Held


  • November 28, 2023
    Placed on the Union Calendar, Calendar No. 224.


  • November 28, 2023
    Reported by the Committee on Financial Services. H. Rept. 118-279.

Finance and Financial Sector

Related Bills

  • HJRES 118-50: 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)".
  • HJRES 118-85: 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)".
  • SJRES 118-32: 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)".
Banking and financial institutions regulationCongressional-executive branch relationsConsumer Financial Protection BureauCredit and credit marketsSmall business

Disapproving the rule submitted by the Consumer Financial Protection Bureau relating to "Small Business Lending Under the Equal Credit Opportunity Act (Regulation B)".

USA118th CongressHJRES-66| House 
| Updated: 11/28/2023
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.

Bill Text Versions

View Text
2 versions available

Suggested Questions

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

Timeline
May 31, 2023
Introduced in House
May 31, 2023
Referred to the House Committee on Financial Services.
Jul 27, 2023
Ordered to be Reported by the Yeas and Nays: 29 - 21.
Jul 27, 2023
Committee Consideration and Mark-up Session Held
Nov 28, 2023
Placed on the Union Calendar, Calendar No. 224.
Nov 28, 2023
Reported by the Committee on Financial Services. H. Rept. 118-279.
  • May 31, 2023
    Introduced in House


  • May 31, 2023
    Referred to the House Committee on Financial Services.


  • July 27, 2023
    Ordered to be Reported by the Yeas and Nays: 29 - 21.


  • July 27, 2023
    Committee Consideration and Mark-up Session Held


  • November 28, 2023
    Placed on the Union Calendar, Calendar No. 224.


  • November 28, 2023
    Reported by the Committee on Financial Services. H. Rept. 118-279.
Roger Williams

Roger Williams

Republican Representative

Texas

Cosponsors (39)
Dusty Johnson (Republican)Michael C. Burgess (Republican)Barry Moore (Republican)David Kustoff (Republican)Trent Kelly (Republican)Mike Johnson (Republican)Alexander X. Mooney (Republican)Warren Davidson (Republican)Neal P. Dunn (Republican)Mike Ezell (Republican)Mariannette Miller-Meeks (Republican)Beth Van Duyne (Republican)Andrew Ogles (Republican)Pete Sessions (Republican)Nathaniel Moran (Republican)J. French Hill (Republican)Rudy Yakym (Republican)Ronny Jackson (Republican)Daniel Meuser (Republican)Andy Barr (Republican)Mike Flood (Republican)Jodey C. Arrington (Republican)Ann Wagner (Republican)Brad Finstad (Republican)Kelly Armstrong (Republican)Glenn Grothman (Republican)John R. Moolenaar (Republican)Scott Fitzgerald (Republican)Harriet M. Hageman (Republican)Michael Cloud (Republican)August Pfluger (Republican)Blaine Luetkemeyer (Republican)Mike Gallagher (Republican)Randy Feenstra (Republican)Monica De La Cruz (Republican)Ralph Norman (Republican)Josh Brecheen (Republican)Bryan Steil (Republican)Michael Guest (Republican)

Financial Services Committee

Finance and Financial Sector

Related Bills

  • HJRES 118-50: 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)".
  • HJRES 118-85: 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)".
  • SJRES 118-32: 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)".
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Banking and financial institutions regulationCongressional-executive branch relationsConsumer Financial Protection BureauCredit and credit marketsSmall business