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Proposed

Resolution · 119th Congress · HJRES 162

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 the withdrawal of the rule relating to "Truth in Lending (Regulation Z); Consumer Protections for Home Sales Financed Under Contracts for Deed".

Refreshed 4 h ago

Introduced 2026-04-30Topic: housing

Summary

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This joint resolution would use the Congressional Review Act to cancel a May 2025 action by the Consumer Financial Protection Bureau. In that action, the Bureau withdrew a 2024 rule about how federal Truth in Lending protections apply to home sales paid for through contracts for deed. Contracts for deed are arrangements where a buyer pays the seller over time and gets the property title later. Under this resolution, the withdrawal would have no force or effect.

Full text and official record on Congress.gov

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Action history

DateChamberActionStatus effect
2026-04-30HouseReferred to the House Committee on Financial Services.refer
2026-04-30Introduced in Houseintroduce
2026-04-30Introduced in Houseintroduce
Source: GovInfo Bill Status (Library of Congress), fetched 2026-09-20. Provisions and opinion polling arrive in a later release.