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H.J. Res. 122 118th Congress House

Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Bureau of Consumer Financial Protection relating to "Credit Card Penalty Fees…

Official title: Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Bureau of Consumer Financial Protection re… Show full official titleShow less

Official title: Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Bureau of Consumer Financial Protection relating to "Credit Card Penalty Fees (Regulation Z)".

Introduced: April 11, 2024 Introduced by: Andy Barr Republican · Kentucky See on congress.gov
Finance and Financial Sector Administrative law and regulatory proceduresCongressional oversightConsumer Financial Protection BureauFinancial services and investmentsUser charges and fees
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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
Jul 30, 2024
Placed on the Union Calendar, Calendar No. 516.
Jul 30, 2024
Reported by the Committee on Financial Services. H. Rept. 118-618.
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 29, 2024
Referred to the House Committee on Financial Services.
Mar 29, 2024
Introduced in House
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 Latest action July 30, 2024

Placed on the Union Calendar, Calendar No. 516.

 Plain-English summary Congressional Research Service

This joint resolution nullifies the final rule issued by the Consumer Financial Protection Bureau titled Credit Card Penalty Fees (Regulation Z) and published on March 15, 2024. The rule lowers the safe-harbor cap on certain credit card late fees. In particular, late fees allowed under safe-harbor provisions must be capped at $8 when charged by a large credit card issuer. This cap is not subject to annual adjustment to reflect inflation. 

 Related & companion bills 2
  • HJRES 121 Identical bill Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Bu…
  • SJRES 70 Identical bill A joint resolution providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule …
 Bill text 2 versions

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Lobbying activity 8

Registered lobbyists who named this bill in their disclosure filings. Source: federal Lobbying Disclosure Act filings.

  • HUDSON COOK, LLP
    for INFIN, A FINANCIAL SERVICES ALLIANCE (F/K/A FINANCIAL SERVICE CENTERS AMERICA) · District of Columbia · 3rd Quarter 2026 (July 1 - Sep 30)
  • HUDSON COOK, LLP
    for INFIN, A FINANCIAL SERVICES ALLIANCE (F/K/A FINANCIAL SERVICE CENTERS AMERICA) · District of Columbia · 2nd Quarter 2026 (Apr 1 - June 30)
  • HUDSON COOK, LLP
    for INFIN, A FINANCIAL SERVICES ALLIANCE (F/K/A FINANCIAL SERVICE CENTERS AMERICA) · District of Columbia · 1st Quarter 2026 (Jan 1 - Mar 31)
  • HUDSON COOK, LLP
    for INFIN, A FINANCIAL SERVICES ALLIANCE (F/K/A FINANCIAL SERVICE CENTERS AMERICA) · District of Columbia · 4th Quarter 2025 (Oct 1 - Dec 31)
  • HUDSON COOK, LLP
    for INFIN, A FINANCIAL SERVICES ALLIANCE (F/K/A FINANCIAL SERVICE CENTERS AMERICA) · District of Columbia · 3rd Quarter 2025 (July 1 - Sep 30)
  • AMERICANS FOR FINANCIAL REFORM
    for AMERICANS FOR FINANCIAL REFORM · District of Columbia · 2nd Quarter 2025 (Apr 1 - June 30)

Bodies those filers lobbied

A filing lists the bills it worked on and the parts of government it contacted in separate sections, so these are the bodies those filers named anywhere in the filing, not a per-bill breakdown.

See all 8 filings →
 Cosponsors 21
All 21 Republican 19
R
Lawler, Michael
New York · Apr 18, 2024
 R
Babin, Brian
Texas · Apr 16, 2024
 R
Norman, Ralph
South Carolina · Apr 16, 2024
 R
Rose, John W.
Tennessee · Apr 16, 2024
 R
Donalds, Byron
Florida · Apr 11, 2024
 R
Finstad, Brad
Minnesota · Apr 11, 2024
 R
Fitzgerald, Scott
Wisconsin · Apr 11, 2024
 R
Hill, J. French
Arkansas · Apr 11, 2024
 R
Huizenga, Bill
Michigan · Apr 11, 2024
 R
Loudermilk, Barry
Georgia · Apr 11, 2024
 R
Meuser, Daniel
Pennsylvania · Apr 11, 2024
 R
Nunn, Zachary
Iowa · Apr 11, 2024
 R
Smith, Adrian
Nebraska · Apr 11, 2024
 R
Timmons, William R.
South Carolina · Apr 11, 2024
 R
Weber, Randy K. Sr.
Texas · Apr 11, 2024
 R
Williams, Roger
Texas · Apr 11, 2024
 R
Womack, Steve
Arkansas · Apr 11, 2024
Luetkemeyer, Blaine
· Mar 29, 2024
Posey, Bill
· Mar 29, 2024
 R
Sessions, Pete
Texas · Mar 29, 2024
 R
Wagner, Ann
Missouri · Mar 29, 2024
Cite this page click to expand
APA
U.S. Congress. (2026). H.J. Res. 122: Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Bureau of Consumer Financial Protection relating to "Credit Card Penalty Fees (Regulation Z)".. 118th Congress. Open America. https://openamerica.io/bill/118-HJRES-122/
MLA
"H.J. Res. 122: Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Bureau of Consumer Financial Protection relating to "Credit Card Penalty Fees (Regulation Z)".." 118th Congress, 2026, Open America, https://openamerica.io/bill/118-HJRES-122/.
Bluebook (legal)
H.J. Res. 122, 118th Cong. (2026), https://openamerica.io/bill/118-HJRES-122/.
Markdown link
[H.J. Res. 122: Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Bureau of Consumer Financial Protection relating to "Credit Card Penalty Fees (Regulation Z)".](https://openamerica.io/bill/118-HJRES-122/)
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