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H.J.Res. 35

Referred to Committee

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".

Introduced 3/26/2021•117th Congress•House

Latest Action

Referred to the House Committee on Financial Services.

3/26/2021 • House

Summary

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.

Introduced in House • 3/26/2021

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Topics & Subjects

Administrative law and regulatory proceduresBanking and financial institutions regulationCongressional oversightCredit and credit marketsDepartment of the Treasury

Congressional Votes (0)

No recorded votes yet

Roll call votes will appear here as the bill moves through Congress

Related Federal Spending

Sponsor & Cosponsors (6)

Party Breakdown

6
Democrats
0
Republicans
0
Independents

Sponsor

R[
Rep. Garcia, Jesus G. "Chuy" [D-IL-4]

Democrat • IL-4

Sponsored 3/26/2021

Cosponsors (5)

R[
Rep. Grijalva, Raúl M. [D-AZ-3]

D-AZ-3

Joined 5/11/2021

R[
Rep. Omar, Ilhan [D-MN-5]

D-MN-5

Joined 6/24/2021

R[
Rep. Carson, André [D-IN-7]

D-IN-7

Joined 6/24/2021

R[
Rep. Williams, Nikema [D-GA-5]

D-GA-5

Joined 6/24/2021

Bill Journey

Originated in the House

Introduced

March 26, 2021

Referred to the House Committee on Financial Services.

Committee Review

Floor Debate

Passed Chamber

Other Chamber

President

Enacted into Law

Text Versions (1)

Introduced in House3/26/2021

Details

Bill TypeHJRES
Current StatusReferred to Committee
Cosponsors5