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United States · Law · SJRES

S.J.Res. 15 (117th)

A joint resolution providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Office of the Comptroller of Currency relating to "National Banks and Federal Savings Associations as Lenders".

enactedUnited States· United States Congress· EN

Introduced

25 March 2021

Last action

30 June 2021 · President

Status

Became Public Law No: 117-24.

Sponsors

Sen. Van Hollen, Chris [D-MD], Sen. Brown, Sherrod [D-OH], Sen. Reed, Jack [D-RI], Sen. Warren, Elizabeth [D-MA], Sen. Cortez Masto, Catherine [D-NV], Sen. Smith, Tina [D-MN], Sen. Feinstein, Dianne [D-CA], Sen. Durbin, Richard J. [D-IL], Sen. Whitehouse, Sheldon [D-RI], Sen. Merkley, Jeff [D-OR]

Subjects

Discovery layer

Source updated

30 May 2026

Summary

This joint resolution nullifies the final rule issued by the Office of the Comptroller of the Currency titled National Banks and Federal Savings Associations as Lenders and published on October 30, 2020. The rule requires that to be considered a lender, a national bank or federal saving association must, as of the date of origination of the loan (1) be named as the lender in the loan agreement, or (2) fund the loan.

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Timeline

  1. 25 March 2021

    Introduced

    Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

    Source: IntroReferral

  2. 25 March 2021

    Introduced

    Introduced in Senate

    Source: IntroReferral

  3. 28 April 2021

    Committee

    Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 117-291.

    Source: Committee

  4. 11 May 2021

    Passed

    Motion to proceed to consideration of measure agreed to in Senate by Voice Vote.

    Source: Floor

  5. 11 May 2021

    Vote

    Passed/agreed to in Senate: Passed Senate without amendment by Yea-Nay Vote. 52 - 47. Record Vote Number: 183.(text: CR S2441)

    Source: Floor

  6. 11 May 2021

    Calendars

    Placed on Senate Legislative Calendar under General Orders. Calendar No. 57.

    Source: Calendars

  7. 11 May 2021

    Discharge

    Senate Committee on Banking, Housing, and Urban Affairs discharged by petition pursuant to 5 U.S.C. 802(c).

    Source: Discharge

  8. 11 May 2021

    Committee

    Senate Committee on Banking, Housing, and Urban Affairs discharged by petition pursuant to 5 U.S.C. 802(c).

    Source: Committee

  9. 12 May 2021

    Floor

    Held at the desk.

    Source: Floor

  10. 12 May 2021

    Floor

    Received in the House.

    Source: Floor

  11. 12 May 2021

    Floor

    Message on Senate action sent to the House.

    Source: Floor

  12. 22 June 2021

    Vote

    Rules Committee Resolution H. Res. 486 Reported to House. The resolution provides for 1 hour of debate, orders the previous question, and allows a motion to recommit for each measure. Provides that H. Res. 485 is adopted. Provides that anytime through the legislative day of June 25, 2021, the Speaker may entertain motions offered by the Majority Leader or his designee that the House suspend the rules with respect to multiple measures that were the object of motions to suspend the rules on the legislative days of June 22 or 23, and on which the yeas and nays were ordered and further proceedings postponed.

    Source: Floor

  13. 23 June 2021

    Passed

    Rule H. Res. 486 passed House.

    Source: Floor

  14. 24 June 2021

    Passed

    Motion to reconsider laid on the table Agreed to without objection.

    Source: Floor

  15. 24 June 2021

    Vote

    On passage Passed by the Yeas and Nays: 218 - 208 (Roll no. 181). (text: CR H3100)

    Source: Floor

  16. 24 June 2021

    Vote

    Passed/agreed to in House: On passage Passed by the Yeas and Nays: 218 - 208 (Roll no. 181).(text: CR H3100)

    Source: Floor

  17. 24 June 2021

    Floor

    Considered under the provisions of rule H. Res. 486. (consideration: CR H3099-3110)

    Source: Floor

  18. 24 June 2021

    Floor

    The previous question was ordered pursuant to the rule.

    Source: Floor

  19. 24 June 2021

    Vote

    The resolution provides for 1 hour of debate, orders the previous question, and allows a motion to recommit for each measure. Provides that H. Res. 485 is adopted. Provides that anytime through the legislative day of June 25, 2021, the Speaker may entertain motions offered by the Majority Leader or his designee that the House suspend the rules with respect to multiple measures that were the object of motions to suspend the rules on the legislative days of June 22 or 23, and on which the yeas and nays were ordered and further proceedings postponed.

    Source: Floor

  20. 30 June 2021

    Floor

    Presented to President.

    Source: Floor

  21. 30 June 2021

    Became law

    Became Public Law No: 117-24.

    Source: President

  22. 30 June 2021

    Became law

    Signed by President.

    Source: BecameLaw

  23. 30 June 2021

    President

    Signed by President.

    Source: President

  24. 30 June 2021

    President

    Presented to President.

    Source: President

Votes

24 June 2021 · passed · On Passage · Passed · Official source

Yes 218 · No 208 · Abstain — · Absent/not voting 4

Showing the first 4 recorded positions. Vote totals above are complete.

11 May 2021 · Joint Resolution Passed · On the Joint Resolution S.J.Res. 15 · Joint Resolution Passed · Official source

Yes 52 · No 47 · Abstain — · Absent/not voting 1

Showing the first 4 recorded positions. Vote totals above are complete.

Versions

Documents

14 official files

Enrolled Bill (text)

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  • Enrolled Bill (text)

    Enrolled Bill · EN

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  • Enrolled Bill (PDF)

    Enrolled Bill · EN

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  • Public Law (text)

    Public Law · EN · 1 July 2021

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  • Public Law (PDF)

    Public Law · EN · 1 July 2021

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  • Public Law

    summary · EN · 30 June 2021

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  • Passed House

    summary · EN · 24 June 2021

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  • Engrossed in Senate (text)

    Engrossed in Senate · EN · 11 May 2021

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  • Engrossed in Senate (PDF)

    Engrossed in Senate · EN · 11 May 2021

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  • Placed on Calendar Senate (text)

    Placed on Calendar Senate · EN · 11 May 2021

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  • Placed on Calendar Senate (PDF)

    Placed on Calendar Senate · EN · 11 May 2021

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  • Passed Senate

    summary · EN · 11 May 2021

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  • Introduced in Senate (text)

    Introduced in Senate · EN · 25 March 2021

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  • Introduced in Senate (PDF)

    Introduced in Senate · EN · 25 March 2021

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  • Introduced in Senate

    summary · EN · 25 March 2021

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