Senate Joint Resolution 57
115th Congress(2017-2018)
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 "Indirect Auto Lending and Compliance with the Equal Credit Opportunity Act".
Became Law
Became Law
Became Public Law 115-172 on May 21, 2018
Overview
Text
Introduced
Mar 22, 2018
Latest Action
May 21, 2018
Origin Chamber
Senate
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
57
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.
Sponsorship by Party
Kansas
Arkansas
Louisiana
Mississippi
Missouri
Arkansas
North Dakota
Oklahoma
Pennsylvania
South Carolina
South Dakota
South Dakota
Wisconsin
Wyoming
Passed
April 18, 2018
Type
Passed Senate
Senate Roll Call Votes
Summary

This joint resolution nullifies the rule submitted by the Consumer Financial Protection Bureau and printed in the Congressional Record on December 6, 2017, relating to indirect auto lending and compliance with the Equal Credit Opportunity Act. The rule provides guidance for compliance with fair lending requirements for third-party auto lenders.

Text (4)
Public Record
Created
Mar 23, 2018 7:41:06 AM
Updated
Feb 1, 2021 10:21:41 PM