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)".

Originated in the Senate · Introduced Jun 13, 2023 · Finance and Financial Sector

Latest action

Jan 10, 2024

Failed of passage in Senate over veto by Yea-Nay Vote. 54 - 45. Record Vote Number: 5.

CRS summary

As of Dec 1, 2023

Passed 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
DateChamberQuestionMember pagesResult
Jan 10, 2024SenateOn Overriding the VetoVeto Sustained (54–45)
Dec 1, 2023HouseOn PassagePassed (221–202)
Oct 18, 2023SenateOn the Joint ResolutionJoint 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.