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)".
USA118th CongressSJRES-32| Senate
| Updated: 1/10/2024
John Kennedy
Republican Senator
Louisiana
Cosponsors (45)
Joni Ernst (Republican)Tommy Tuberville (Republican)Rick Scott (Republican)Bill Cassidy (Republican)Mike Braun (Republican)Roger Marshall (Republican)Markwayne Mullin (Republican)Dan Sullivan (Republican)Mitch McConnell (Republican)Katie Boyd Britt (Republican)Thomas Tillis (Republican)Cindy Hyde-Smith (Republican)Jerry Moran (Republican)Mike Lee (Republican)James E. Risch (Republican)Cynthia M. Lummis (Republican)Eric Schmitt (Republican)Ron Johnson (Republican)J. D. Vance (Republican)Marsha Blackburn (Republican)Todd Young (Republican)Tom Cotton (Republican)Lindsey Graham (Republican)Roger F. Wicker (Republican)Mitt Romney (Republican)John Boozman (Republican)John Thune (Republican)Mike Rounds (Republican)Ted Cruz (Republican)Tim Scott (Republican)Kevin Cramer (Republican)James Lankford (Republican)Deb Fischer (Republican)Bill Hagerty (Republican)John Barrasso (Republican)Josh Hawley (Republican)John Cornyn (Republican)Chuck Grassley (Republican)Marco Rubio (Republican)Pete Ricketts (Republican)Steve Daines (Republican)John Hoeven (Republican)Ted Budd (Republican)Mike Crapo (Republican)Shelley Moore Capito (Republican)
Banking, Housing, and Urban Affairs 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
Introduced in Senate
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Placed on Senate Legislative Calendar under General Orders. Calendar No. 228.
Senate Committee on Banking, Housing, and Urban Affairs discharged, by petition, pursuant to 5 U.S.C. 802(c).
Passed Senate without amendment by Yea-Nay Vote. 53 - 44. Record Vote Number: 260. (consideration: CR S5055, S5061-5062; text: CR S5062)
View VoteMessage on Senate action sent to the House.
Received in the House.
Held at the desk.
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.
Rule H. Res. 891 passed House.
Considered under the provisions of rule H. Res. 891. (consideration: CR H6055-6062)
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.
DEBATE - The House proceeded with one hour of debate on S.J. Res. 32.
The previous question was ordered pursuant to the rule.
On passage Passed by the Yeas and Nays: 221 - 202, 1 Present (Roll no. 690). (text: CR H6055)
View VoteMotion to reconsider laid on the table Agreed to without objection.
Presented to President.
Veto message received in Senate. Ordered held at the desk. (text: CR S6048)
Vetoed by President.
Veto Message considered in Senate. (consideration: CR S66-67)
Failed of passage in Senate over veto by Yea-Nay Vote. 54 - 45. Record Vote Number: 5.
View VoteFinance and Financial Sector
Banking and financial institutions regulationCongressional-executive branch relationsConsumer Financial Protection BureauCredit and credit marketsSmall business
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)".
USA118th CongressSJRES-32| Senate
| Updated: 1/10/2024
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.
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.
Placed on Senate Legislative Calendar under General Orders. Calendar No. 228.
Senate Committee on Banking, Housing, and Urban Affairs discharged, by petition, pursuant to 5 U.S.C. 802(c).
Passed Senate without amendment by Yea-Nay Vote. 53 - 44. Record Vote Number: 260. (consideration: CR S5055, S5061-5062; text: CR S5062)
View VoteMessage on Senate action sent to the House.
Received in the House.
Held at the desk.
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.
Rule H. Res. 891 passed House.
Considered under the provisions of rule H. Res. 891. (consideration: CR H6055-6062)
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.
DEBATE - The House proceeded with one hour of debate on S.J. Res. 32.
The previous question was ordered pursuant to the rule.
On passage Passed by the Yeas and Nays: 221 - 202, 1 Present (Roll no. 690). (text: CR H6055)
View VoteMotion to reconsider laid on the table Agreed to without objection.
Presented to President.
Veto message received in Senate. Ordered held at the desk. (text: CR S6048)
Vetoed by President.
Veto Message considered in Senate. (consideration: CR S66-67)
Failed of passage in Senate over veto by Yea-Nay Vote. 54 - 45. Record Vote Number: 5.
View VoteJohn Kennedy
Republican Senator
Louisiana
Cosponsors (45)
Joni Ernst (Republican)Tommy Tuberville (Republican)Rick Scott (Republican)Bill Cassidy (Republican)Mike Braun (Republican)Roger Marshall (Republican)Markwayne Mullin (Republican)Dan Sullivan (Republican)Mitch McConnell (Republican)Katie Boyd Britt (Republican)Thomas Tillis (Republican)Cindy Hyde-Smith (Republican)Jerry Moran (Republican)Mike Lee (Republican)James E. Risch (Republican)Cynthia M. Lummis (Republican)Eric Schmitt (Republican)Ron Johnson (Republican)J. D. Vance (Republican)Marsha Blackburn (Republican)Todd Young (Republican)Tom Cotton (Republican)Lindsey Graham (Republican)Roger F. Wicker (Republican)Mitt Romney (Republican)John Boozman (Republican)John Thune (Republican)Mike Rounds (Republican)Ted Cruz (Republican)Tim Scott (Republican)Kevin Cramer (Republican)James Lankford (Republican)Deb Fischer (Republican)Bill Hagerty (Republican)John Barrasso (Republican)Josh Hawley (Republican)John Cornyn (Republican)Chuck Grassley (Republican)Marco Rubio (Republican)Pete Ricketts (Republican)Steve Daines (Republican)John Hoeven (Republican)Ted Budd (Republican)Mike Crapo (Republican)Shelley Moore Capito (Republican)
Banking, Housing, and Urban Affairs 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)".
- HJRES 118-66: Disapproving the rule submitted by the Consumer Financial Protection Bureau relating to "Small Business Lending Under the Equal Credit Opportunity Act (Regulation B)".
- HRES 118-891: Providing for consideration of the bill (H.R. 5283) to prohibit the use of Federal funds to provide housing to specified aliens on any land under the administrative jurisdiction of the Federal land management agencies; providing for consideration of the bill (H.R. 5961) to freeze certain Iranian funds involved in the 2023 hostage deal between the United States and Iran, and for other purposes; and providing for consideration of the joint resolution (S. J. Res. 32) 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