US SJR56 | 2017-2018 | 115th Congress
Status
Spectrum: Partisan Bill (Republican 4-0)
Status: Introduced on March 22 2018 - 25% progression, died in committee
Action: 2018-03-22 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Pending: Senate Banking, Housing, And Urban Affairs Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on March 22 2018 - 25% progression, died in committee
Action: 2018-03-22 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Pending: Senate Banking, Housing, And Urban Affairs Committee
Text: Latest bill text (Introduced) [PDF]
Summary
A joint resolution providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by Bureau of Consumer Financial Protection relating to "Payday, Vehicle, Title, and Certain High-Cost Installment Loans". This joint resolution nullifies the rule finalized by the Consumer Financial Protection Bureau on November 17, 2017, regarding payday, vehicle title, and other high-cost installment loans.
Title
A joint resolution providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by Bureau of Consumer Financial Protection relating to "Payday, Vehicle, Title, and Certain High-Cost Installment Loans".
Sponsors
| Sen. Lindsey Graham [R-SC] | Sen. Pat Toomey [R-PA] | Sen. Ted Cruz [R-TX] | Sen. Joni Ernst [R-IA] |
History
| Date | Chamber | Action |
|---|---|---|
| 2018-03-22 | Senate | Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. |
Same As/Similar To
HJR122 (Related) 2017-12-01 - Referred to the House Committee on Financial Services.
Subjects
Administrative law and regulatory procedures
Business records
Congressional oversight
Consumer credit
Consumer Financial Protection Bureau
Credit and credit markets
Finance and financial sector
Government information and archives
Licensing and registrations
Business records
Congressional oversight
Consumer credit
Consumer Financial Protection Bureau
Credit and credit markets
Finance and financial sector
Government information and archives
Licensing and registrations
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/115th-congress/senate-joint-resolution/56/all-info |
| Text | https://www.congress.gov/115/bills/sjres56/BILLS-115sjres56is.pdf |
