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S.J. Res. 47 115th Congress Senate

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 "Arbitration…

Official title: A joint resolution providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by Bureau of Consumer Financia… Show full official titleShow less

Official title: 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 "Arbitration Agreements".

Introduced: July 20, 2017 Introduced by: Mike Crapo Republican · Idaho See on congress.gov
Finance and Financial Sector Administrative law and regulatory proceduresAlternative dispute resolution, mediation, arbitrationBusiness recordsCongressional oversight
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Consumer Financial Protection BureauConsumer creditFinancial services and investmentsGovernment information and archives
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This bill died when the 115th Congress ended
It never became law before the 115th Congress (2017–2018) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 20, 2017
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Jul 20, 2017
Introduced in Senate
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 Latest action July 20, 2017

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

 Plain-English summary Congressional Research Service

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.)

 Related & companion bills 1
  • HJRES 111 Identical bill Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by Bureau…
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 19
All 19 Republican 17
R
Thune, John
South Dakota · Oct 23, 2017
 R
Paul, Rand
Kentucky · Sep 5, 2017
 R
Johnson, Ron
Wisconsin · Jul 27, 2017
 R
Risch, James E.
Idaho · Jul 27, 2017
 R
Sullivan, Dan
Alaska · Jul 27, 2017
 R
Lee, Mike
Utah · Jul 26, 2017
 R
Boozman, John
Arkansas · Jul 24, 2017
 R
Barrasso, John
Wyoming · Jul 20, 2017
 R
Capito, Shelley Moore
West Virginia · Jul 20, 2017
 R
Cotton, Tom
Arkansas · Jul 20, 2017
 R
Cruz, Ted
Texas · Jul 20, 2017
Isakson, Johnny
· Jul 20, 2017
 R
Lankford, James
Oklahoma · Jul 20, 2017
 R
Moran, Jerry
Kansas · Jul 20, 2017
 R
Rounds, Mike
South Dakota · Jul 20, 2017
 R
Scott, Tim
South Carolina · Jul 20, 2017
 R
Tillis, Thomas
North Carolina · Jul 20, 2017
Toomey, Patrick
· Jul 20, 2017
 R
Wicker, Roger F.
Mississippi · Jul 20, 2017
Cite this page click to expand
APA
U.S. Congress. (2026). S.J. Res. 47: 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 "Arbitration Agreements".. 115th Congress. Open America. https://openamerica.io/bill/115-SJRES-47/
MLA
"S.J. Res. 47: 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 "Arbitration Agreements".." 115th Congress, 2026, Open America, https://openamerica.io/bill/115-SJRES-47/.
Bluebook (legal)
S.J. Res. 47, 115th Cong. (2026), https://openamerica.io/bill/115-SJRES-47/.
Markdown link
[S.J. Res. 47: 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 "Arbitration Agreements".](https://openamerica.io/bill/115-SJRES-47/)
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