HJRES 35
117th Congress
House
Finance and Financial Sector
Administrative law and regulatory procedures
Banking and financial institutions regulation
Congressional oversight
Credit and credit markets
Department of the Treasury
Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Office of the Comptroller of the Currency relating to "National Banks and Federal Savings Associations as Lenders".
Introduced: March 26, 2021
Introduced by:
García, Jesús G. "Chuy"
Democratic
· Illinois
See on congress.gov
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 26, 2021
Referred to the House Committee on Financial Services.
Mar 26, 2021
Sponsor introductory remarks on measure. (CR E307)
Mar 26, 2021
Introduced in House
Plain-English summary
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.
What's happening now
Referred to the House Committee on Financial Services.
Committees of jurisdiction
1