S.J.Res. 18
EnactedA joint resolution disapproving the rule submitted by the Bureau of Consumer Financial Protection relating to "Overdraft Lending: Very Large Financial Institutions".
Latest Action
Became Public Law No: 119-10.
5/9/2025
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.
Public Law • 5/9/2025
Topics & Subjects
Congressional Votes (3)
On Passage
April 9, 2025
On the Joint Resolution
March 27, 2025
On the Motion to Proceed
March 26, 2025
Related Federal Spending
Sponsor & Cosponsors (17)
Party Breakdown
Sponsor
Cosponsors (16)
Enacted into Law
Public Law 119-10
View on Congress.govBill Journey
Originated in the Senate
Introduced
February 13, 2025
Committee Review
March 26, 2025
Floor Debate
March 26, 2025
Passed Chamber
April 9, 2025
Other Chamber
March 31, 2025
President
May 5, 2025
Enacted into Law
May 9, 2025
Became Public Law No: 119-10.
Text Versions (5)
Related Bills (3)
H.J.Res. 59
Disapproving the rule submitted by the Bureau of Consumer Financial Protection relating to "Overdraft Lending: Very Large Financial Institutions".
H.Res. 282
Providing for consideration of the joint resolution (S.J. Res. 18) disapproving the rule submitted by the Bureau of Consumer Financial Protection relating to "Overdraft Lending: Very Large Financial Institutions''; providing for consideration of the joint resolution (S.J. Res. 28) disapproving the rule submitted by the Bureau of Consumer Financial Protection relating to ''Defining Larger Participants of a Market for General-Use Digital Consumer Payment Applications''; providing for consideration of the bill (H.R. 1526) to amend title 28, United States Code, to limit the authority of district courts to provide injunctive relief, and for other purposes; providing for consideration of the bill (H.R. 22) to amend the National Voter Registration Act of 1993 to require proof of United States citizenship to register an individual to vote in elections for Federal office, and for other purposes; and for other purposes.
H.Res. 294
Providing for consideration of the joint resolution (S.J. Res. 18) disapproving the rule submitted by the Bureau of Consumer Financial Protection relating to "Overdraft Lending: Very Large Financial Institutions"; providing for consideration of the joint resolution (S.J. Res. 28) disapproving the rule submitted by the Bureau of Consumer Financial Protection relating to "Defining Larger Participants of a Market for General-Use Digital Consumer Payment Applications"; providing for consideration of the bill (H.R. 1526) to amend title 28, United States Code, to limit the authority of district courts to provide injunctive relief, and for other purposes; providing for consideration of the bill (H.R. 22) to amend the National Voter Registration Act of 1993 to require proof of United States citizenship to register an individual to vote in elections for Federal office, and for other purposes; and for other purposes.
Details
Sources and method
· Congress.gov, CRS, House Clerk, Senate, 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, 12:34 AM ET
- CRS bill summaryCongressional Research Service, via Congress.govOfficial summarySummary of the “Public Law” version, May 9, 2025 · Loaded Oct 23, 2026, 12:34 AM ET
- House roll-call votesOffice of the Clerk, U.S. House of RepresentativesRoll-call results on this billLatest roll call Apr 9, 2025 · Loaded Oct 23, 2026, 12:34 AM ET
- Senate roll-call votesU.S. SenateRoll-call results on this billLatest roll call Mar 27, 2025 · Loaded Oct 23, 2026, 12:34 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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Dates shown where the source reports one. “Loaded” is when CIV.IQ last fetched the record.