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 "Arbitration Agreements".

Bill: 115-hjres-111
Sponsor: Rep. Rothfus, Keith J. [R-PA-12]
Introduced: 2017-07-20 in the House
Policy area: Finance and Financial Sector
Subjects: Administrative law and regulatory procedures
Alternative dispute resolution, mediation, arbitration
Business records
Congressional oversight
Consumer Financial Protection Bureau
Consumer credit
Financial services and investments
Government information and archives

Summary:
action_date: 2017-07-20
text: 
This joint resolution nullifies a rule submitted by the Consumer Financial Protection Bureau (CFPB) regarding arbitration agreements. 
 
(The rule regulates the use of arbitration agreements in contracts for specific consumer financial products and services. It prohibits the use of a predispute arbitration agreement to prevent a consumer from filing or participating in certain class action suits. The rule also requires consumer financial product and service providers to furnish the CFPB with particular information regarding arbitrations.)

action_date: 2017-07-25
text: 
(This measure has not been amended since it was introduced. The summary of that version is repeated here.)
 
This joint resolution nullifies a rule submitted by the Consumer Financial Protection Bureau (CFPB) regarding arbitration agreements. 
 
(The rule regulates the use of arbitration agreements in contracts for specific consumer financial products and services. It prohibits the use of a predispute arbitration agreement to prevent a consumer from filing or participating in certain class action suits. The rule also requires consumer financial product and service providers to furnish the CFPB with particular information regarding arbitrations.)

action_date: 2017-10-24
text: 
(This measure has not been amended since it was introduced. The summary of that version is repeated here.)
 
This joint resolution nullifies a rule submitted by the Consumer Financial Protection Bureau (CFPB) regarding arbitration agreements. 
 
(The rule regulates the use of arbitration agreements in contracts for specific consumer financial products and services. It prohibits the use of a predispute arbitration agreement to prevent a consumer from filing or participating in certain class action suits. The rule also requires consumer financial product and service providers to furnish the CFPB with particular information regarding arbitrations.)

action_date: 2017-11-01
text: 
(This measure has not been amended since it was introduced. The summary of that version is repeated here.)
 
This joint resolution nullifies a rule submitted by the Consumer Financial Protection Bureau (CFPB) regarding arbitration agreements. 
 
(The rule regulates the use of arbitration agreements in contracts for specific consumer financial products and services. It prohibits the use of a predispute arbitration agreement to prevent a consumer from filing or participating in certain class action suits. The rule also requires consumer financial product and service providers to furnish the CFPB with particular information regarding arbitrations.)


Legislative actions:
action_date: 2017-11-01
text: Signed by President.
action_date: 2017-11-01
text: Signed by President.
action_date: 2017-10-25
text: Presented to President.
action_date: 2017-10-25
text: Presented to President.
action_date: 2017-10-25
text: Message on Senate action sent to the House.
action_date: 2017-10-24
text: Passed Senate without amendment by Yea-Nay Vote. 51 - 50. Record Vote Number: 249.
action_date: 2017-10-24
text: Passed/agreed to in Senate: Passed Senate without amendment by Yea-Nay Vote. 51 - 50. Record Vote Number: 249.
action_date: 2017-10-24
text: Measure laid before Senate by motion. (consideration: CR S6738-6760)
action_date: 2017-10-24
text: Motion to proceed to consideration of measure agreed to in Senate by Voice Vote. (consideration: CR S6738)
action_date: 2017-07-25
text: Received in the Senate, read twice.
action_date: 2017-07-25
text: Motion to reconsider laid on the table Agreed to without objection.
action_date: 2017-07-25
text: On passage Passed by recorded vote: 231 - 190 (Roll no. 412). (text: CR H6269)
action_date: 2017-07-25
text: Passed/agreed to in House: On passage Passed by recorded vote: 231 - 190 (Roll no. 412).(text: CR H6269)
action_date: 2017-07-25
text: The previous question was ordered pursuant to the rule.
action_date: 2017-07-25
text: DEBATE - The House proceeded with one hour of debate on H.J. Res. 111.
action_date: 2017-07-25
text: Rule provides for consideration of H.J. Res. 111 with 1 hour of general debate. Previous question shall be considered as ordered without intervening motions except motion to recommit. Measure will be considered read. Bill is closed to amendments.
action_date: 2017-07-25
text: Considered under the provisions of rule H. Res. 468. (consideration: CR H6268-6278)
action_date: 2017-07-25
text: Rule H. Res. 468 passed House.
action_date: 2017-07-24
text: Rules Committee Resolution H. Res. 468 Reported to House. Rule provides for consideration of H.J. Res. 111 with 1 hour of general debate. Previous question shall be considered as ordered without intervening motions except motion to recommit. Measure will be considered read. Bill is closed to amendments.
action_date: 2017-07-20
text: Referred to the House Committee on Financial Services.
action_date: 2017-07-20
text: Introduced in House
action_date: 2017-07-20
text: Introduced in House

Enacted as: number: 115-74