House Joint Resolution 122
115th Congress(2017-2018)
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 "Payday, Vehicle Title, and Certain High-Cost Installment Loans".
Introduced
Introduced in House on Dec 1, 2017
Origin Chamber
House
Type
Joint Resolution
Joint Resolution
A form of legislative measure used to propose changes in law, or to propose an amendment to the U.S. Constitution. Depending on the chamber of origin, they begin with a designation of either H.J.Res. or S.J.Res. Concurrent resolutions and simple resolutions are other types of resolutions. Bill is another form of legislative measure used to propose law.
Bill Number
122
Congress
115
Policy Area
Finance and Financial Sector
Finance and Financial Sector
Primary focus of measure is U.S. banking and financial institutions regulation; consumer credit; bankruptcy and debt collection; financial services and investments; insurance; securities; real estate transactions; currency. Measures concerning financial crimes may fall under Crime and Law Enforcement. Measures concerning business and corporate finance may fall under Commerce policy area. Measures concerning international banking may fall under Foreign Trade and International Finance policy area.
No House votes have been held for this bill.
Summary
This joint resolution nullifies the rule finalized by the Consumer Financial Protection Bureau on November 17, 2017, regarding payday, vehicle title, and other high-cost installment loans.
December 1, 2017
12/01/2017
Referred to the House Committee on Financial Services.
12/01/2017
Introduced in House
Public Record
Record Updated
Jan 11, 2023 1:39:20 PM