A joint resolution providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Office of the Comptroller of Currency relating to "National Banks and Federal Savings Associations as Lenders".

Bill: 117-sjres-15
Sponsor: Sen. Van Hollen, Chris [D-MD]
Introduced: 2021-03-25 in the Senate
Policy area: Finance and Financial Sector
Subjects: Administrative law and regulatory procedures
Banking and financial institutions regulation
Congressional oversight
Credit and credit markets
Department of the Treasury

Summary:
action_date: 2021-03-25
text: 
This joint resolution nullifies the final rule issued by the Office of the Comptroller of the Currency titled 
National Banks and Federal Savings Associations as Lenders
 and published on October 30, 2020. The rule requires that to be considered a lender, a national bank or federal saving association must, as of the date of origination of the loan (1) be named as the lender in the loan agreement, or (2) fund the loan.

action_date: 2021-05-11
text: 
This joint resolution nullifies the final rule issued by the Office of the Comptroller of the Currency titled 
National Banks and Federal Savings Associations as Lenders
 and published on October 30, 2020. The rule requires that to be considered a lender, a national bank or federal saving association must, as of the date of origination of the loan (1) be named as the lender in the loan agreement, or (2) fund the loan.

action_date: 2021-06-24
text: 
This joint resolution nullifies the final rule issued by the Office of the Comptroller of the Currency titled 
National Banks and Federal Savings Associations as Lenders
 and published on October 30, 2020. The rule requires that to be considered a lender, a national bank or federal saving association must, as of the date of origination of the loan (1) be named as the lender in the loan agreement, or (2) fund the loan.

action_date: 2021-06-30
text: 
This joint resolution nullifies the final rule issued by the Office of the Comptroller of the Currency titled 
National Banks and Federal Savings Associations as Lenders
 and published on October 30, 2020. The rule requires that to be considered a lender, a national bank or federal saving association must, as of the date of origination of the loan (1) be named as the lender in the loan agreement, or (2) fund the loan.


Legislative actions:
action_date: 2021-06-30
text: Became Public Law No: 117-24.
action_date: 2021-06-30
text: Became Public Law No: 117-24.
action_date: 2021-06-30
text: Signed by President.
action_date: 2021-06-30
text: Signed by President.
action_date: 2021-06-30
text: Presented to President.
action_date: 2021-06-30
text: Presented to President.
action_date: 2021-06-24
text: Motion to reconsider laid on the table Agreed to without objection.
action_date: 2021-06-24
text: On passage Passed by the Yeas and Nays: 218 - 208 (Roll no. 181). (text: CR H3100)
action_date: 2021-06-24
text: Passed/agreed to in House: On passage Passed by the Yeas and Nays: 218 - 208 (Roll no. 181).(text: CR H3100)
action_date: 2021-06-24
text: Considered as unfinished business. (consideration: CR H3114)
action_date: 2021-06-24
text: POSTPONED PROCEEDINGS - At the conclusion of debate on S.J.Res 15, the Chair put the question on passage of the bill and by voice vote, announced that the ayes had prevailed. Mr. McHenry demanded the yeas and nays and the Chair postponed further proceedings on passage of the bill until a time to be announced.
action_date: 2021-06-24
text: The previous question was ordered pursuant to the rule.
action_date: 2021-06-24
text: DEBATE - The House proceeded with one hour of debate on S.J. Res. 15.
action_date: 2021-06-24
text: The resolution provides for 1 hour of debate, orders the previous question, and allows a motion to recommit for each measure. Provides that H. Res. 485 is adopted. Provides that anytime through the legislative day of June 25, 2021, the Speaker may entertain motions offered by the Majority Leader or his designee that the House suspend the rules with respect to multiple measures that were the object of motions to suspend the rules on the legislative days of June 22 or 23, and on which the yeas and nays were ordered and further proceedings postponed.
action_date: 2021-06-24
text: Considered under the provisions of rule H. Res. 486. (consideration: CR H3099-3110)
action_date: 2021-06-23
text: Rule H. Res. 486 passed House.
action_date: 2021-06-22
text: Rules Committee Resolution H. Res. 486 Reported to House. The resolution provides for 1 hour of debate, orders the previous question, and allows a motion to recommit for each measure. Provides that H. Res. 485 is adopted. Provides that anytime through the legislative day of June 25, 2021, the Speaker may entertain motions offered by the Majority Leader or his designee that the House suspend the rules with respect to multiple measures that were the object of motions to suspend the rules on the legislative days of June 22 or 23, and on which the yeas and nays were ordered and further proceedings postponed.
action_date: 2021-05-12
text: Held at the desk.
action_date: 2021-05-12
text: Received in the House.
action_date: 2021-05-12
text: Message on Senate action sent to the House.
action_date: 2021-05-11
text: Passed Senate without amendment by Yea-Nay Vote. 52 - 47. Record Vote Number: 183. (text: CR S2441)
action_date: 2021-05-11
text: Passed/agreed to in Senate: Passed Senate without amendment by Yea-Nay Vote. 52 - 47. Record Vote Number: 183.(text: CR S2441)
action_date: 2021-05-11
text: Measure laid before Senate by motion. (consideration: CR S2430-2431, S2436-2441)
action_date: 2021-05-11
text: Motion to proceed to consideration of measure agreed to in Senate by Voice Vote.
action_date: 2021-05-11
text: Placed on Senate Legislative Calendar under General Orders. Calendar No. 57.
action_date: 2021-05-11
text: Senate Committee on Banking, Housing, and Urban Affairs discharged by petition pursuant to 5 U.S.C. 802(c).
action_date: 2021-05-11
text: Senate Committee on Banking, Housing, and Urban Affairs discharged by petition pursuant to 5 U.S.C. 802(c).
action_date: 2021-04-28
text: Committee on Banking, Housing, and Urban Affairs. Hearings held.
action_date: 2021-03-25
text: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
action_date: 2021-03-25
text: Introduced in Senate

Enacted as: number: 117-24