S.J.Res. 18
119th Congress
A joint resolution disapproving the rule submitted by the Bureau of Consumer Financial Protection relating to "Overdraft Lending: Very Large Financial Institutions".
16
Cosponsors
30
Actions
0
Amendments
1
Committees
—
Since introduced
Became Public Law No: 119-10.
9 mai 2025·1 year ago
Summary
Public Law · Updated 26 août 2025
This joint resolution nullifies the final rule issued by the Consumer Financial Protection Bureau titled Overdraft Lending: Very Large Financial Institutions and published on December 30, 2024. The rule revises provisions regarding charges for insufficient funds in a customer’s bank account (i.e., overdrafts) at very large financial institutions. Under the rule, these institutions must (1) cap overdraft charges at $5; (2) with justification, cap charges at a higher amount; or (3) handle overdrafts as credit and comply with applicable Truth in Lending Act disclosure requirements.
Timeline
30 actions
Became Public Law No: 119-10.
9 mai 2025 · BecameLaw
Signed by President.
9 mai 2025 · BecameLaw
Signed by President.
9 mai 2025 · President
Became Public Law No: 119-10.
9 mai 2025 · President
Presented to President.
5 mai 2025 · President
Presented to President.
5 mai 2025 · Floor
Passed/agreed to in House: On passage Passed by the Yeas and Nays: 217 - 211 (Roll no. 96). (text: CR H1519: 1)
9 avril 2025 · Floor
POSTPONED PROCEEDINGS - At the conclusion of debate on S.J. Res. 18, the Chair put the question on passage of the joint resolution and by voice vote, announced that the ayes had prevailed. Mr. Hill (AR) demanded the yeas and nays and the Chair postponed further proceedings until a time to be announced.
9 avril 2025 · Floor
Considered under the provisions of rule H. Res. 294. (consideration: CR H1519-1525)
9 avril 2025 · Floor
DEBATE - The House proceeded with one hour of debate on S.J. Res. 18.
9 avril 2025 · Floor
On passage Passed by the Yeas and Nays: 217 - 211 (Roll no. 96). (text: CR H1519)
9 avril 2025 · Floor
Rule provides for consideration of S.J. Res. 18, S.J. Res. 28, H.R. 1526 and H.R. 22. The resolution provides for consideration of H.R. 22, H.R. 1526, S.J. Res. 18, and S.J. Res. 28 under a closed rule. The resolution provides for one hour of debate on each measure and one motion to recommit on H.R. 22 and H.R. 1526, and one motion to commit on S.J. Res. 18 and S.J. Res. 28.
9 avril 2025 · Floor
Considered as unfinished business. (consideration: CR H1533)
9 avril 2025 · Floor
Motion to reconsider laid on the table Agreed to without objection.
9 avril 2025 · Floor
The previous question was ordered pursuant to the rule.
9 avril 2025 · Floor
Rules Committee Resolution H. Res. 294 Reported to House. Rule provides for consideration of S.J. Res. 18, S.J. Res. 28, H.R. 1526 and H.R. 22. The resolution provides for consideration of H.R. 22, H.R. 1526, S.J. Res. 18, and S.J. Res. 28 under a closed rule. The resolution provides for one hour of debate on each measure and one motion to recommit on H.R. 22 and H.R. 1526, and one motion to commit on S.J. Res. 18 and S.J. Res. 28.
7 avril 2025 · Floor
Rules Committee Resolution H. Res. 282 Reported to House. Rule provides for consideration of H.R. 22, H.R. 1526, S.J. Res. 18 and S.J. Res. 28. The resolution provides for consideration of H.R. 22, H.R. 1526, S.J. Res. 18, and S.J. Res. 28 under a closed rule. The resolution provides for one hour of debate on each measure and one motion to recommit on H.R. 22 and H.R. 1526, and one motion to commit on S.J. Res. 18 and S.J. Res. 28. The resolution also provides that H. Res. 23 and H. Res. 164 are laid on the table.
1 avril 2025 · Floor
Held at the desk.
31 mars 2025 · Floor
Received in the House.
31 mars 2025 · Floor
Message on Senate action sent to the House.
31 mars 2025 · Floor
Sponsorship
16 cosponsors
Sponsor
Republican:Sen. Scott, Tim [R-SC]SCCosponsors
- Republican16100%
- Republican:Sen. Thune, John [R-SD]SD
- Republican:Sen. Daines, Steve [R-MT]MT
- Republican:Sen. Lee, Mike [R-UT]UT
- Republican:Sen. Moreno, Bernie [R-OH]OH
- Republican:Sen. Hagerty, Bill [R-TN]TN
- Republican:Sen. Moran, Jerry [R-KS]KS
- Republican:Sen. Britt, Katie Boyd [R-AL]AL
- Republican:Sen. Wicker, Roger F. [R-MS]MS
- Republican:Sen. Tillis, Thomas [R-NC]NC
- Republican:Sen. Risch, James E. [R-ID]ID
- Republican:Sen. Crapo, Mike [R-ID]ID
- Republican:Sen. Lummis, Cynthia M. [R-WY]WY
- Republican:Sen. Ricketts, Pete [R-NE]NE
- Republican:Sen. Boozman, John [R-AR]AR
- Republican:Sen. Rounds, Mike [R-SD]SD
- Republican:Sen. Cramer, Kevin [R-ND]ND
Classification
Policy area
Finance and Financial SectorLegislative subjects
Committees
1
Banking, Housing, and Urban Affairs Committee
Senate · Standing
- Referred To13 Feb 2025
- Discharged From26 Mar 2025
Cosponsor momentum
Cumulative over time
Cosponsors grew from 13 on 13 février 2025 to 16 on 12 mars 2025.
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