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 as Lenders".
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in house (Mar 26, 2021)
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.
What just happenedMar 26, 2021
Referred to the House Committee on Financial Services.
Who’s behind it
- Introduced in HouseMar 26, 2021
- Mar 26, 2021IntroReferralH11100
Referred to the House Committee on Financial Services.
Financial Services Committee - Mar 26, 2021IntroReferralB00100
Sponsor introductory remarks on measure. (CR E307)
- Mar 26, 2021IntroReferralIntro-H
Introduced in House
- Mar 26, 2021IntroReferral1000
Introduced in House