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".
Public Law 117-24 · S.J.Res. 15 · 117th Congress · began in the Senate
Signed by Joe Biden (D) on Jun 30, 2021 · Finance and Financial Sector
Sponsor: Sen. Chris Van Hollen (D-MD)
Cosponsors (9): Sen. Sherrod Brown, Sen. Jack Reed,
Passage votesYeaNay
- HouseRecorded vote: 218 yea, 208 nay218–208
- SenateRecorded vote: 52 yea, 47 nay52–47
Data notes
The final version of the law, as each chamber passed it. A chamber that passed it by voice vote or unanimous consent has no count. “Method not stated” means the record does not say how the chamber voted. Where the record has a member-by-member vote, the “Who voted for it” section shows who voted yea.
Summary
The Congressional Research Service’s plain-language summary of what the law does.
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.
Who voted for it
Every senator of the 117th Congress on the ideology compass. Highlighted: the 52 who voted yea on final passage. Faded: everyone else, including those who voted nay, did not vote, or had not yet taken office.
52 yea47 nay1 present or did not vote
Democrats who voted yea(49)
Sen. Bernie SandersD-VT
Sen. Elizabeth WarrenD-MA
Sen. Ed MarkeyD-MA
Sen. Cory BookerD-NJ
Sen. Mazie HironoD-HI
Sen. Tammy BaldwinD-WI
Sen. Jon OssoffD-GA
Sen. Jeff MerkleyD-OR
Sen. Tina SmithD-MN
Sen. Bob MenendezD-NJ
Sen. Brian SchatzD-HI
Sen. Ben LujánD-NM
Sen. Alex PadillaD-CA
Sen. Patrick LeahyD-VT
Sen. Sherrod BrownD-OH
Sen. Raphael WarnockD-GA
Sen. Patty MurrayD-WA
Sen. Kirsten GillibrandD-NY
Sen. Jack ReedD-RI
Sen. Maria CantwellD-WA
Sen. Chris Van HollenD-MD
Sen. Sheldon WhitehouseD-RI
Sen. Richard BlumenthalD-CT
Sen. Ron WydenD-OR
Sen. Debbie StabenowD-MI
Sen. Tammy DuckworthD-IL
Sen. Christopher MurphyD-CT
Sen. Richard DurbinD-IL
Sen. Thomas CarperD-DE
Sen. Amy KlobucharD-MN
Sen. Bob CaseyD-PA
Sen. Dianne FeinsteinD-CA
Sen. Benjamin CardinD-MD
Sen. Michael BennetD-CO
Sen. Gary PetersD-MI
Sen. Mark WarnerD-VA
Sen. Tim KaineD-VA
Sen. Jacky RosenD-NV
Sen. Christopher CoonsD-DE
Sen. Chuck SchumerD-NY
Sen. Catherine Cortez MastoD-NV
Sen. Jeanne ShaheenD-NH
Sen. John HickenlooperD-CO
Sen. Mark KellyD-AZ
Sen. Maggie HassanD-NH
Sen. Angus KingD-ME
Sen. Jon TesterD-MT
Sen. Kyrsten SinemaD-AZ
Sen. Joe ManchinD-WV
Republicans who voted yea(3)
Data notes
The Senate’s recorded vote on the final version of the law (roll call 183 in Voteview), matched to the vote the record cites and checked against its totals. Positions are each member’s DW-NOMINATE score for that Congress, as on the Ideology page; left to right is more liberal to more conservative. Paired and announced yea votes count as yea. Lists follow the compass, most liberal first. A name links to a profile only for members of the current Congress. A law passed by voice vote or unanimous consent has no member list, and neither does a vote Voteview has not yet recorded.
Committees
The committees the bill was sent to, and what each did with it.
Data notes
A committee links to its page only where it exists in the current Congress; older and renamed committees are named without a link.
Related bills
2 bills the Library of Congress relates to this one.
H.J.Res. 35Related bill
Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Office of the Comptroller of the Currency relating to "National Banks and Federal Savings Associations…
H.Res. 486Procedurally-related
Providing for consideration of the bill (H.R. 2062) to amend the Age Discrimination in Employment Act of 1967 and other laws to clarify appropriate standards for Federal employment discrimination and retaliation claims,…
Data notes
Related bills are identified by the Congressional Research Service, the House and the Senate: companion and identical bills, bills with similar text, bills that were folded into this law, and rules that brought it to the floor. A bill that is itself a public law in this site’s data links here; the others link to Congress.gov.
Timeline
From introduction to signing, newest first: the committees, the floor and the president. 25 actions.
- Jun 30, 2021Became lawBecame law · Became Public Law No: 117-24.
- Became lawBecame law · Signed by President.
- FloorFloor · Presented to President.
- Jun 24, 2021FloorFloor · Motion to reconsider laid on the table Agreed to without objection.
- FloorFloor · On passage Passed by the Yeas and Nays: 218 - 208 (Roll no. 181).House roll call 181
- FloorFloor · Considered as unfinished business.
- FloorFloor · POSTPONED PROCEEDINGS - At the conclusion of debate on S.J.Res 15, the Chair put the question on passage of the bill and by voice vote, announced that the ayes had prevailed. Mr. McHenry demanded the yeas and nays and the Chair postponed further proceedings on passage of the bil…
- FloorFloor · The previous question was ordered pursuant to the rule.
- FloorFloor · DEBATE - The House proceeded with one hour of debate on S.J. Res. 15.
- FloorFloor · 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 th…
- FloorFloor · Considered under the provisions of rule H. Res. 486.
- Jun 23, 2021FloorFloor · Rule H. Res. 486 passed House.
- Jun 22, 2021FloorFloor · 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…
- May 12, 2021FloorFloor · Held at the desk.
- FloorFloor · Received in the House.
- FloorFloor · Message on Senate action sent to the House.
- May 11, 2021FloorFloor · Passed Senate without amendment by Yea-Nay Vote. 52 - 47. Record Vote Number: 183.Senate roll call 183
- FloorFloor · Measure laid before Senate by motion.
- FloorFloor · Motion to proceed to consideration of measure agreed to in Senate by Voice Vote.
- CalendarCalendar · Placed on Senate Legislative Calendar under General Orders. Calendar No. 57.
- CommitteeCommittee · Senate Committee on Banking, Housing, and Urban Affairs discharged by petition pursuant to 5 U.S.C. 802(c).
- Apr 28, 2021CommitteeCommittee · Committee on Banking, Housing, and Urban Affairs. Hearings held.
- CommitteeCommittee · Hearings by Senate Banking, Housing, and Urban Affairs Committee
- Mar 25, 2021CommitteeCommittee · Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- IntroducedIntroduced · Introduced in Senate
Data notes
Every action the Library of Congress lists for the bill, from introduction to signing, plus the dated committee hearings. The source lists many steps twice (the chamber’s own entry and the Library of Congress copy, or a presidential and a became-law entry with the same words); those are shown once. Amendments are listed in their own section.
Amendments
No amendments to this bill are on record.
Data notes
Amendments offered to this bill in either chamber, as the Library of Congress records them: each with a status read from its last recorded step: agreed to, rejected, withdrawn, ruled out of order, fell with another amendment, or offered with no vote recorded (most Senate amendments are only ever offered). The wording of each amendment is the source’s. Amendments to amendments and amendments to other bills are not listed.
Official record
The bill’s full text is on Congress.gov. Data through Oct 7, 2026.