H.J.Res. 59
IntroducedDisapproving the rule submitted by the Bureau of Consumer Financial Protection relating to "Overdraft Lending: Very Large Financial Institutions".
Latest Action
Placed on the Union Calendar, Calendar No. 16.
3/21/2025 • House
Summary
This joint resolution nullifies the final rule issued by the Consumer Financial Protection Bureau titled Overdraft Lending: Very Large Financial Institutions and published on December 30, 2024. The rule revises provisions regarding charges for insufficient funds in a customer’s bank account (i.e., overdrafts) at very large financial institutions. Under the rule, these institutions must (1) cap overdraft charges at $5; (2) with justification, cap charges at a higher amount; or (3) handle overdrafts as credit and comply with applicable Truth in Lending Act disclosure requirements.
Introduced in House • 2/13/2025
Topics & Subjects
Congressional Votes (0)
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Related Federal Spending
Sponsor & Cosponsors (18)
Party Breakdown
Sponsor
Cosponsors (17)
Bill Journey
Originated in the House
Introduced
February 13, 2025
Committee Review
March 5, 2025
Ordered to be Reported by the Yeas and Nays: 30 - 19.
Floor Debate
Passed Chamber
Other Chamber
President
Enacted into Law
Text Versions (2)
Committee Reports (1)
Details
Sources and method
· Congress.gov, CRS, CBO, USAspending, FEC, LDA · Record updated Jul 27, 2026
- Congress.govLibrary of CongressStatus, actions, sponsors, cosponsors, committees and textRecord updated Jul 27, 2026 · Loaded Oct 23, 2026, 1:13 AM ET
- CRS bill summaryCongressional Research Service, via Congress.govOfficial summarySummary of the “Introduced in House” version, Feb 13, 2025 · Loaded Oct 23, 2026, 1:13 AM ET
- CBO cost estimatesCongressional Budget OfficeCost estimatesLatest estimate Sep 24, 2025 · Loaded Oct 23, 2026, 1:13 AM ET
- USAspending.govU.S. Department of the TreasuryRelated Federal Spending section
- FEC filingsFederal Election CommissionFunding & Lobbying section
- Lobbying disclosures (LDA)Secretary of the Senate and Clerk of the HouseFunding & Lobbying section
All sources: Public domain (17 U.S.C. § 105) · Method: Data sources → · Campaign finance →
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