Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Bureau of Consumer Financial Protection relating to "Payday, Vehicle Title, and Certain High-Cost Installment Loans".

Bill: 115-hjres-122
Sponsor: full_name: Rep. Ross, Dennis A. [R-FL-15]
Introduced: 2017-12-01
Policy area: Finance and Financial Sector
Subjects: Administrative law and regulatory procedures

Business records

Congressional oversight

Consumer Financial Protection Bureau

Consumer credit

Credit and credit markets

Government information and archives

Licensing and registrations
Latest action: action_date: 2017-12-01
text: Referred to the House Committee on Financial Services.

Summaries:
action_date: 2017-12-01
action_desc: Introduced in House
text: <p>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.</p>

tv_txt: IA 115th CONGRESS 1st Session H. J. RES. 122 IN THE HOUSE OF REPRESENTATIVES December 1, 2017 Mr. Ross (for himself, Mr. Hastings , Mr. Graves of Georgia , Mr. Cuellar , Mr. Stivers , and Mr. Peterson ) submitted the following joint resolution; which was referred to the Committee on Financial Services JOINT RESOLUTION Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Bureau of Consumer Financial Protection relating to Payday, Vehicle Title, and Certain High-Cost Installment Loans .

That Congress disapproves the rule submitted by the Bureau of Consumer Financial Protection relating to Payday, Vehicle Title, and Certain High-Cost Installment Loans (published at 82 Fed. Reg. 54472 (November 17, 2017)), and such rule shall have no force or effect.