A joint resolution 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 "Indirect Auto Lending and Compliance with the Equal Credit Opportunity Act".

Bill: 115-sjres-57
Sponsor: full_name: Sen. Moran, Jerry [R-KS]
Introduced: 2018-03-22
Policy area: Finance and Financial Sector
Subjects: Administrative law and regulatory procedures

Congressional oversight

Consumer Financial Protection Bureau

Consumer credit

Interest, dividends, interest rates

Motor vehicles
Latest action: action_date: 2018-05-21
text: Became Public Law No: 115-172.

Summaries:
action_date: 2018-03-22
action_desc: Introduced in Senate
text: <p>This joint resolution nullifies the rule submitted by the Consumer Financial Protection Bureau and printed in the Congressional Record on December 6, 2017, relating to indirect auto lending and compliance with the Equal Credit Opportunity Act. The rule provides guidance for compliance with fair lending requirements for third-party auto lenders. </p>

action_date: 2018-04-18
action_desc: Passed Senate without amendment
text: <p>This joint resolution nullifies the rule submitted by the Consumer Financial Protection Bureau and printed in the Congressional Record on December 6, 2017, relating to indirect auto lending and compliance with the Equal Credit Opportunity Act. The rule provides guidance for compliance with fair lending requirements for third-party auto lenders. </p>

action_date: 2018-05-08
action_desc: Passed House without amendment
text: <p>This joint resolution nullifies the rule submitted by the Consumer Financial Protection Bureau and printed in the Congressional Record on December 6, 2017, relating to indirect auto lending and compliance with the Equal Credit Opportunity Act. The rule provides guidance for compliance with fair lending requirements for third-party auto lenders. </p>

action_date: 2018-05-21
action_desc: Public Law
text: <p>This joint resolution nullifies the rule submitted by the Consumer Financial Protection Bureau and printed in the Congressional Record on December 6, 2017, relating to indirect auto lending and compliance with the Equal Credit Opportunity Act. The rule provides guidance for compliance with fair lending requirements for third-party auto lenders. </p>

tv_txt: IIA 115th CONGRESS 2d Session S. J. RES. 57 IN THE SENATE OF THE UNITED STATES March 22, 2018 Mr. Moran (for himself, Mr. Toomey , Mr. Enzi , Mr. Rounds , Mr. Lankford , Mr. Kennedy , Mr. Hatch , Mr. Wicker , Mr. Hoeven , Mr. Blunt , Mr. Johnson , Mr. Inhofe , Mr. Heller , Mr. Isakson , Mr. Scott , and Mr. Boozman ) introduced the following joint resolution; which was read twice and referred to the Committee on Banking, Housing, and Urban Affairs JOINT RESOLUTION 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 Indirect Auto Lending and Compliance with the Equal Credit Opportunity Act .

That Congress disapproves the rule submitted by the Bureau of Consumer Financial Protection relating to Indirect Auto Lending and Compliance with the Equal Credit Opportunity Act (CFPB Bulletin 2013–02 (March 21, 2013), and printed in the Congressional Record on December 6, 2017, on pages S7888–S7889, along with a letter of opinion from the Government Accountability Office dated December 5, 2017, that the Bulletin is a rule under the Congressional Review Act), and such rule shall have no force or effect.

tv_txt: 115th CONGRESS 2d Session S. J. RES. 57 IN THE SENATE OF THE UNITED STATES JOINT RESOLUTION 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 Indirect Auto Lending and Compliance with the Equal Credit Opportunity Act .

That Congress disapproves the rule submitted by the Bureau of Consumer Financial Protection relating to Indirect Auto Lending and Compliance with the Equal Credit Opportunity Act (CFPB Bulletin 2013–02 (March 21, 2013), and printed in the Congressional Record on December 6, 2017, on pages S7888–S7889, along with a letter of opinion from the Government Accountability Office dated December 5, 2017, that the Bulletin is a rule under the Congressional Review Act), and such rule shall have no force or effect.

Passed the Senate April 18, 2018. Secretary

tv_txt: IIA Calendar No. 378 115th CONGRESS 2d Session S. J. RES. 57 IN THE SENATE OF THE UNITED STATES March 22, 2018 Mr. Moran (for himself, Mr. Toomey , Mr. Enzi , Mr. Rounds , Mr. Lankford , Mr. Kennedy , Mr. Hatch , Mr. Wicker , Mr. Hoeven , Mr. Blunt , Mr. Johnson , Mr. Inhofe , Mr. Heller , Mr. Isakson , Mr. Scott , Mr. Boozman , Mr. Crapo , Mrs. Capito , Mr. Cotton , Mr. Roberts , and Mr. Risch ) introduced the following joint resolution; which was read twice and referred to the Committee on Banking, Housing, and Urban Affairs April 12, 2018 Committee discharged, by petition, pursuant to 5 U.S.C. 802(c) , and placed on the calendar JOINT RESOLUTION 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 Indirect Auto Lending and Compliance with the Equal Credit Opportunity Act .

That Congress disapproves the rule submitted by the Bureau of Consumer Financial Protection relating to Indirect Auto Lending and Compliance with the Equal Credit Opportunity Act (CFPB Bulletin 2013–02 (March 21, 2013), and printed in the Congressional Record on December 6, 2017, on pages S7888–S7889, along with a letter of opinion from the Government Accountability Office dated December 5, 2017, that the Bulletin is a rule under the Congressional Review Act), and such rule shall have no force or effect.

April 12, 2018 Committee discharged, by petition, pursuant to 5 U.S.C. 802(c) , and placed on the calendar

tv_txt: One Hundred Fifteenth Congress of the United States of America 2d Session Begun and held at the City of Washington on Wednesday, the third day of January, two thousand and eighteen S. J. RES. 57 IN THE SENATE OF THE UNITED STATES JOINT RESOLUTION 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 Indirect Auto Lending and Compliance with the Equal Credit Opportunity Act .

That Congress disapproves the rule submitted by the Bureau of Consumer Financial Protection relating to Indirect Auto Lending and Compliance with the Equal Credit Opportunity Act (CFPB Bulletin 2013–02 (March 21, 2013), and printed in the Congressional Record on December 6, 2017, on pages S7888–S7889, along with a letter of opinion from the Government Accountability Office dated December 5, 2017, that the Bulletin is a rule under the Congressional Review Act), and such rule shall have no force or effect.

Speaker of the House of Representatives Vice President of the United States and President of the Senate