H.J.Res. 66 · 118th Congress
Disapproving the rule submitted by the Consumer Financial Protection Bureau relating to "Small Business…
Full title
Disapproving the rule submitted by the Consumer Financial Protection Bureau relating to "Small Business Lending Under the Equal Credit Opportunity Act (Regulation B)".
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Never voted on. It didn't reach a floor vote before the 118th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
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WilliamsSponsor39 cosponsors · 39 R
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Barr
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Ogles
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Brecheen
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De La Cruz
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Davidson
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Ezell
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Feenstra
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Fitzgerald
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Flood
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Finstad
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Hill
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Johnson
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Kustoff
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Luetkemeyer
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Meuser
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Sessions
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Steil
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Armstrong
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Grothman
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Hageman
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Johnson
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Wagner
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Moore
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Mooney
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Arrington
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Cloud
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Moolenaar
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Miller-Meeks
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Van Duyne
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Guest
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Yakym
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Pfluger
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Moran
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Burgess
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Kelly
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Dunn2 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
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.
What it does: CRS summary · Reported to House · Nov 28, 2023
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.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Disapproving the rule submitted by the Consumer Financial Protection Bureau relating to "Small Business Lending Under the Equal Credit Opportunity Act (Regulation B)".
Latest action (Nov 28, 2023): Placed on the Union Calendar, Calendar No. 224.
Policy area: Finance and Financial Sector · Origin: House · Introduced: May 31, 2023
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.