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HJRES 120 118th Congress House Finance and Financial Sector Financial crises and stabilization Financial services and investments Legislative rules and procedure

Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Financial Stability Oversight Council related to "Guidance on Nonbank Financial…

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Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Financial Stability Oversight Council related to "Guidance on Nonbank Financial Company Determinations".

Introduced: March 22, 2024 Introduced by: Hill, J. French Republican · Arkansas See on congress.gov
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This bill died when the 118th Congress ended
It never became law before the 118th Congress (2023–2024) 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 6 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Dec 3, 2024
Placed on the Union Calendar, Calendar No. 653.
Dec 3, 2024
Reported by the Committee on Financial Services. H. Rept. 118-790.
Apr 17, 2024
Ordered to be Reported by the Yeas and Nays: 28 - 22.
Apr 17, 2024
Committee Consideration and Mark-up Session Held
Mar 22, 2024
Introduced in House
Mar 22, 2024
Referred to the House Committee on Financial Services.
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 Plain-English summary Congressional Research Service

This joint resolution nullifies the guidance issued by the Financial Stability Oversight Council titled Guidance on Nonbank Financial Company Determinations and published on November 17, 2023. The guidance revises council procedures for considering whether a nonbank financial company must be supervised by the Federal Reserve and subject to enhanced prudential standards.

What's happening now December 3, 2024

Placed on the Union Calendar, Calendar No. 653.

 Bill text 2 versions

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 10
All 10 Republican 9
R
Williams, Roger
Texas · Apr 19, 2024
 R
Barr, Andy
Kentucky · Apr 15, 2024
 R
Donalds, Byron
Florida · Apr 15, 2024
 R
Fitzgerald, Scott
Wisconsin · Apr 15, 2024
 R
Houchin, Erin
Indiana · Apr 15, 2024
 R
Huizenga, Bill
Michigan · Apr 15, 2024
Luetkemeyer, Blaine
· Apr 15, 2024
 R
Meuser, Daniel
Pennsylvania · Apr 15, 2024
 R
Ogles, Andrew
Tennessee · Apr 15, 2024
 R
Wagner, Ann
Missouri · Apr 15, 2024
Cite this page click to expand
APA
U.S. Congress. (2026). H.J. Res. 120: Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Financial Stability Oversight Council related to "Guidance on Nonbank Financial Company Determinations".. 118th Congress. Open America. https://openamerica.io/bill/118-HJRES-120/
MLA
"H.J. Res. 120: Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Financial Stability Oversight Council related to "Guidance on Nonbank Financial Company Determinations".." 118th Congress, 2026, Open America, https://openamerica.io/bill/118-HJRES-120/.
Bluebook (legal)
H.J. Res. 120, 118th Cong. (2026), https://openamerica.io/bill/118-HJRES-120/.
Markdown link
[H.J. Res. 120: Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Financial Stability Oversight Council related to "Guidance on Nonbank Financial Company Determinations".](https://openamerica.io/bill/118-HJRES-120/)
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