S.J.Res. 32
FailedA 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)".
Latest Action
Failed of passage in Senate over veto by Yea-Nay Vote. 54 - 45. Record Vote Number: 5.
1/10/2024 • Senate
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.
Passed House • 12/1/2023
Topics & Subjects
Congressional Votes (3)
On Overriding the Veto
January 10, 2024
On Passage
December 1, 2023
On the Joint Resolution
October 18, 2023
Related Federal Spending
Sponsor & Cosponsors (46)
Party Breakdown
Sponsor
Cosponsors (45)
Bill Journey
Originated in the Senate
Introduced
June 13, 2023
Committee Review
October 17, 2023
Floor Debate
October 18, 2023
Passed Chamber
November 29, 2023
Other Chamber
October 18, 2023
President
December 14, 2023
Vetoed
December 19, 2023
Text Versions (4)
Related Bills (4)
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)".
H.J.Res. 66
Disapproving the rule submitted by the Consumer Financial Protection Bureau relating to "Small Business Lending Under the Equal Credit Opportunity Act (Regulation B)".
H.Res. 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)".
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)".