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Bill > HJRes66
US HJRes66
US HJRes66Disapproving the rule submitted by the Consumer Financial Protection Bureau relating to "Small Business Lending Under the Equal Credit Opportunity Act (Regulation B)".
summary
Introduced
05/31/2023
05/31/2023
In Committee
07/27/2023
07/27/2023
Crossed Over
Passed
Dead
01/03/2025
01/03/2025
Introduced Session
118th Congress
Bill Summary
JOINT RESOLUTION Disapproving the rule submitted by the Consumer Financial Protection Bureau relating to ‘‘Small Business Lending Under the Equal Credit Opportunity Act (Regulation B)’’.
AI Summary
This Joint Resolution disapproves a rule proposed by the Consumer Financial Protection Bureau (CFPB), a government agency tasked with protecting consumers in the financial sector, concerning "Small Business Lending Under the Equal Credit Opportunity Act (Regulation B)". The Equal Credit Opportunity Act is a federal law that prohibits credit discrimination based on race, color, religion, national origin, sex, marital status, or age, or because all or part of the applicant's income derives from any public assistance program. Regulation B is the set of rules that implements this act. By disapproving this rule, Congress is stating that the CFPB's proposed changes to how small business lending is regulated under this act will not be put into effect and will have no legal standing.
Committee Categories
Business and Industry
Sponsors (40)
Roger Williams (R)*,
Kelly Armstrong (R),
Jodey Arrington (R),
Andy Barr (R),
Josh Brecheen (R),
Michael Burgess (R),
Michael Cloud (R),
Warren Davidson (R),
Monica De La Cruz (R),
Neal Dunn (R),
Mike Ezell (R),
Randy Feenstra (R),
Brad Finstad (R),
Scott Fitzgerald (R),
Mike Flood (R),
Mike Gallagher (R),
Glenn Grothman (R),
Michael Guest (R),
Harriet Hageman (R),
French Hill (R),
Ronny Jackson (R),
Dusty Johnson (R),
Mike Johnson (R),
Trent Kelly (R),
David Kustoff (R),
Blaine Luetkemeyer (R),
Dan Meuser (R),
Mariannette Miller-Meeks (R),
John Moolenaar (R),
Alex Mooney (R),
Barry Moore (R),
Nathaniel Moran (R),
Ralph Norman (R),
Andy Ogles (R),
August Pfluger (R),
Pete Sessions (R),
Bryan Steil (R),
Beth Van Duyne (R),
Ann Wagner (R),
Rudy Yakym (R),
Last Action
Placed on the Union Calendar, Calendar No. 224. (on 11/28/2023)
bill text
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.congress.gov/bill/118th-congress/house-joint-resolution/66/all-info |
| BillText | https://www.congress.gov/118/bills/hjres66/BILLS-118hjres66rh.pdf |
| BillText | https://www.congress.gov/118/bills/hjres66/BILLS-118hjres66ih.pdf |
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