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S.J.Res. 15

Enacted

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".

Introduced 3/25/2021•117th Congress•Senate

Latest Action

Became Public Law No: 117-24.

6/30/2021

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.

Public Law • 6/30/2021

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Topics & Subjects

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

Related Federal Spending

Sponsor & Cosponsors (10)

Party Breakdown

10
Democrats
0
Republicans
0
Independents

Sponsor

S[
Sen. Van Hollen, Chris [D-MD]

Democrat • MD

Sponsored 3/25/2021

Cosponsors (9)

S[
Sen. Brown, Sherrod [D-OH]

D-OH

Joined 3/25/2021

S[
Sen. Reed, Jack [D-RI]

D-RI

Joined 3/25/2021

S[
Sen. Warren, Elizabeth [D-MA]

D-MA

Joined 3/25/2021

S[
Sen. Smith, Tina [D-MN]

D-MN

Joined 3/25/2021

S[
Sen. Feinstein, Dianne [D-CA]

D-CA

Joined 3/25/2021

Enacted into Law

Public Law 117-24

View on Congress.gov

Bill Journey

Originated in the Senate

Introduced

March 25, 2021

Committee Review

April 28, 2021

Floor Debate

May 11, 2021

Passed Chamber

June 23, 2021

Other Chamber

May 12, 2021

President

June 30, 2021

Enacted into Law

June 30, 2021

Became Public Law No: 117-24.

Text Versions (5)

Placed on Calendar Senate5/11/2021
Engrossed in Senate5/11/2021
Introduced in Senate3/25/2021

Related Bills (2)

H.J.Res. 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".

RelatedView bill →

H.Res. 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.

RelatedView bill →

Details

Bill TypeSJRES
Current StatusEnacted
Cosponsors9