Only the right has signed this so far (Bill Ranking)
S.J.Res. 18 · 119th Congress (2025-2026)
17 members · Left 0 · Center 0 · Right 17 (Bill Ranking)
| Sponsor | Sen. Scott, Tim (R-SC) (Introduced 02/13/2025) |
|---|---|
| Sponsor Voting Record | Right · DW-NOMINATE +0.63 · measured from every roll-call vote this member has cast (voteview.com) (Sponsor Ranking) |
| Support |
LLLCLRR support across the spectrum: 17 members signed on (Bill Ranking) this bill: sponsor + current cosponsors, each once |
| Committees | Senate - Banking, Housing, and Urban Affairs Committee; Senate - Banking, Housing, and Urban Affairs Committee |
| Latest Action | 05/09/2025 Became Public Law No: 119-10. |
| Roll Call Votes | 3 |
| Source | view on congress.gov → |
Public Law: Public Law 119-10
Public Law (05/09/2025)
This joint resolution nullifies the final rule issued by the Consumer Financial Protection Bureau titled Overdraft Lending: Very Large Financial Institutions and published on December 30, 2024. The rule revises provisions regarding charges for insufficient funds in a customer’s bank account (i.e., overdrafts) at very large financial institutions. Under the rule, these institutions must (1) cap overdraft charges at $5; (2) with justification, cap charges at a higher amount; or (3) handle overdrafts as credit and comply with applicable Truth in Lending Act disclosure requirements.
SJ 18 ENR: Disapproving the rule submitted by the Bureau of Consumer Financial Protection relating to “Overdraft Lending: Very Large Financial Institutions”. U.S. Senate text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. One Hundred Nineteenth Congress of the United States of America 1st Session Begun and held at the City of Washington on Friday, the third day of January, two thousand and twenty five S. J. RES. 18
IN THE SENATE OF THE UNITED STATES
JOINT RESOLUTION Disapproving the rule submitted by the Bureau of Consumer Financial Protection relating to Overdraft Lending: Very Large Financial Institutions. That Congress disapproves the final rule submitted by the Bureau of Consumer Financial Protection relating to Overdraft Lending: Very Large Financial Institutions (89 Fed. Reg. 106768 (December 30, 2024)), and such rule shall have no force or effect. Speaker of the House of Representatives Vice President of the United States and President of the Senate
119 SJ 18 ES: Disapproving the rule submitted by the Bureau of Consumer Financial Protection relating to “Overdraft Lending: Very Large Financial Institutions”. U.S. Senate text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. 119th CONGRESS1st SessionS. J. RES. 18IN THE SENATE OF THE UNITED STATESJOINT RESOLUTIONDisapproving the rule submitted by the Bureau of Consumer Financial Protection relating to Overdraft Lending: Very Large Financial Institutions.That Congress disapproves the final rule submitted by the Bureau of Consumer Financial Protection relating to Overdraft Lending: Very Large Financial Institutions (89 Fed. Reg. 106768 (December 30, 2024)), and such rule shall have no force or effect. Passed the Senate March 27, 2025.Secretary
119 SJ 18 IS: Disapproving the rule submitted by the Bureau of Consumer Financial Protection relating to “Overdraft Lending: Very Large Financial Institutions”. U.S. Senate 2025-02-13 text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. IIA119th CONGRESS1st SessionS. J. RES. 18IN THE SENATE OF THE UNITED STATESFebruary 13, 2025Mr. Scott of South Carolina (for himself, Mr. Rounds, Mr. Hagerty, Mr. Crapo, Mr. Tillis, Mr. Cramer, Mrs. Britt, Mr. Moran, Mr. Risch, Mr. Boozman, Mr. Wicker, Ms. Lummis, Mr. Ricketts, and Mr. Moreno) introduced the following joint resolution; which was read twice and referred to the Committee on Banking, Housing, and Urban AffairsJOINT RESOLUTIONDisapproving the rule submitted by the Bureau of Consumer Financial Protection relating to Overdraft Lending: Very Large Financial Institutions.That Congress disapproves the final rule submitted by the Bureau of Consumer Financial Protection relating to Overdraft Lending: Very Large Financial Institutions (89 Fed. Reg. 106768 (December 30, 2024)), and such rule shall have no force or effect.
119 SJ 18 PCS: Disapproving the rule submitted by the Bureau of Consumer Financial Protection relating to “Overdraft Lending: Very Large Financial Institutions”. U.S. Senate 2025-03-26 text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. IIACalendar No. 34119th CONGRESS1st SessionS. J. RES. 18IN THE SENATE OF THE UNITED STATESFebruary 13, 2025Mr. Scott of South Carolina (for himself, Mr. Rounds, Mr. Hagerty, Mr. Crapo, Mr. Tillis, Mr. Cramer, Mrs. Britt, Mr. Moran, Mr. Risch, Mr. Boozman, Mr. Wicker, Ms. Lummis, Mr. Ricketts, Mr. Moreno, Mr. Lee, Mr. Daines, and Mr. Thune) introduced the following joint resolution; which was read twice and referred to the Committee on Banking, Housing, and Urban AffairsMarch 26, 2025Committee discharged, by petition, pursuant to 5 U.S.C. 802(c), and placed on the calendarJOINT RESOLUTIONDisapproving the rule submitted by the Bureau of Consumer Financial Protection relating to Overdraft Lending: Very Large Financial Institutions.That Congress disapproves the final rule submitted by the Bureau of Consumer Financial Protection relating to Overdraft Lending: Very Large Financial Institutions (89 Fed. Reg. 106768 (December 30, 2024)), and such rule shall have no force or effect. March 26, 2025Committee discharged, by petition, pursuant to 5 U.S.C. 802(c), and placed on the calendar
The bill's own words, from our database (synced from the GPO BILLS XML); paragraph breaks added at the bill's section boundaries, nothing else changed.
| Date | Chamber | All Actions |
|---|---|---|
| 02/13/2025 | Library of Congress | Introduced in Senate |
| 02/13/2025 | Senate | Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. |
| 03/26/2025 | Library of Congress | Senate Committee on Banking, Housing, and Urban Affairs discharged, by petition, pursuant to 5 U.S.C. 802(c). |
| 03/26/2025 | Senate | Senate Committee on Banking, Housing, and Urban Affairs discharged, by petition, pursuant to 5 U.S.C. 802(c). |
| 03/26/2025 | Senate | Placed on Senate Legislative Calendar under General Orders. Calendar No. 34. |
| 03/26/2025 | Senate | Motion to proceed to consideration of measure agreed to in Senate by Yea-Nay Vote. 52 - 47. Record Vote Number: 152. |
| 03/26/2025 | Senate | Measure laid before Senate by motion. (consideration: CR S1864) |
| 03/27/2025 | Senate | Considered by Senate. (consideration: CR S1879, S1884) |
| 03/27/2025 | Library of Congress | Passed/agreed to in Senate: Passed Senate without amendment by Yea-Nay Vote. 52 - 48. Record Vote Number: 153. |
| 03/27/2025 | Senate | Passed Senate without amendment by Yea-Nay Vote. 52 - 48. Record Vote Number: 153. (text: CR S1884) |
| 03/31/2025 | Senate | Message on Senate action sent to the House. |
| 03/31/2025 | House floor actions | Received in the House. |
| 03/31/2025 | House floor actions | Held at the desk. |
| 04/01/2025 | House floor actions | Rules Committee Resolution H. Res. 282 Reported to House. Rule provides for consideration of H.R. 22, H.R. 1526, S.J. Res. 18 and S.J. Res. 28. The resolution provides for consideration of H.R. 22, H.R. 1526, S.J. Res. 18, and S.J. Res. 28 under a closed rule. The resolution provides for one hour of debate on each measure and one motion to recommit on H.R. 22 and H.R. 1526, and one motion to commit on S.J. Res. 18 and S.J. Res. 28. The resolution also provides that H. Res. 23 and H. Res. 164 are laid on the table. |
| 04/07/2025 | House floor actions | Rules Committee Resolution H. Res. 294 Reported to House. Rule provides for consideration of S.J. Res. 18, S.J. Res. 28, H.R. 1526 and H.R. 22. The resolution provides for consideration of H.R. 22, H.R. 1526, S.J. Res. 18, and S.J. Res. 28 under a closed rule. The resolution provides for one hour of debate on each measure and one motion to recommit on H.R. 22 and H.R. 1526, and one motion to commit on S.J. Res. 18 and S.J. Res. 28. |
| 04/09/2025 | House floor actions | Considered under the provisions of rule H. Res. 294. (consideration: CR H1519-1525) |
| 04/09/2025 | House floor actions | Rule provides for consideration of S.J. Res. 18, S.J. Res. 28, H.R. 1526 and H.R. 22. The resolution provides for consideration of H.R. 22, H.R. 1526, S.J. Res. 18, and S.J. Res. 28 under a closed rule. The resolution provides for one hour of debate on each measure and one motion to recommit on H.R. 22 and H.R. 1526, and one motion to commit on S.J. Res. 18 and S.J. Res. 28. |
| 04/09/2025 | House floor actions | DEBATE - The House proceeded with one hour of debate on S.J. Res. 18. |
| 04/09/2025 | House floor actions | The previous question was ordered pursuant to the rule. |
| 04/09/2025 | House floor actions | POSTPONED PROCEEDINGS - At the conclusion of debate on S.J. Res. 18, the Chair put the question on passage of the joint resolution and by voice vote, announced that the ayes had prevailed. Mr. Hill (AR) demanded the yeas and nays and the Chair postponed further proceedings until a time to be announced. |
| 04/09/2025 | House floor actions | Considered as unfinished business. (consideration: CR H1533) |
| 04/09/2025 | Library of Congress | Passed/agreed to in House: On passage Passed by the Yeas and Nays: 217 - 211 (Roll no. 96). (text: CR H1519: 1) |
| 04/09/2025 | House floor actions | On passage Passed by the Yeas and Nays: 217 - 211 (Roll no. 96). (text: CR H1519) |
| 04/09/2025 | House floor actions | Motion to reconsider laid on the table Agreed to without objection. |
| 05/05/2025 | Library of Congress | Presented to President. |
| 05/05/2025 | House floor actions | Presented to President. |
| 05/09/2025 | Library of Congress | Signed by President. |
| 05/09/2025 | Library of Congress | Signed by President. |
| 05/09/2025 | Library of Congress | Became Public Law No: 119-10. |
| 05/09/2025 | Library of Congress | Became Public Law No: 119-10. |
| Title Type | Title |
|---|---|
| Display Title | A joint resolution disapproving the rule submitted by the Bureau of Consumer Financial Protection relating to "Overdraft Lending: Very Large Financial Institutions". |
| Official Title as Introduced | A joint resolution disapproving the rule submitted by the Bureau of Consumer Financial Protection relating to "Overdraft Lending: Very Large Financial Institutions". |
There are no amendments to this bill.
* = Original cosponsor
| Committee | Activity |
|---|---|
| Senate - Banking, Housing, and Urban Affairs Committee | 03/26/2025 Discharged From |
| Senate - Banking, Housing, and Urban Affairs Committee | 02/13/2025 Referred To |
Policy Area: Finance and Financial Sector
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