S.J.Res. 32 — 118th Congress
A joint resolution 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 "Small Business Lending Under the Equal Credit Opportunity Act (Regulation B)".
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Latest action
Jan 10, 2024Failed of passage in Senate over veto by Yea-Nay Vote. 54 - 45. Record Vote Number: 5.
CRS summary
As of Dec 1, 2023Passed House
This joint resolution nullifies the final rule issued by the Consumer Financial Protection Bureau titled Small Business Lending under the Equal Credit Opportunity Act (Regulation B) and published on May 31, 2023. The rule requires financial institutions to collect and report to the bureau credit application data for small businesses. On July 31, 2023, the U.S. District Court for the Southern District of Texas ordered the bureau not to implement or enforce the rule until a related pending case is resolved.
Congressional Research Service, via api.congress.gov (public domain)
Roll-call votes
3 on record| Date | Chamber | Question | Result |
|---|---|---|---|
| Jan 10, 2024 | Senate | On Overriding the Veto | Veto Sustained (54–45) |
| Dec 1, 2023 | House | On Passage | Passed (221–202) |
| Oct 18, 2023 | Senate | On the Joint Resolution | Joint Resolution Passed (53–44) |
Member pages currently show roll-call votes from the 119th Congress only. The “Member pages” column marks votes from that congress.