H.J.Res. 66
IntroducedDisapproving the rule submitted by the Consumer Financial Protection Bureau relating to "Small Business Lending Under the Equal Credit Opportunity Act (Regulation B)".
Latest Action
Placed on the Union Calendar, Calendar No. 224.
11/28/2023 • House
Summary
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.
Reported to House • 11/28/2023
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Sponsor & Cosponsors (40)
Party Breakdown
Sponsor
Cosponsors (39)
Bill Journey
Originated in the House
Introduced
May 31, 2023
Committee Review
July 27, 2023
Ordered to be Reported by the Yeas and Nays: 29 - 21.
Floor Debate
Passed Chamber
Other Chamber
President
Enacted into Law
Text Versions (2)
Committee Reports (1)
Related Bills (3)
H.J.Res. 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)".
S.J.Res. 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)".
H.J.Res. 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)".