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Resolution · 119th Congress · SJRES 149

A joint resolution 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 2026-03-26Topic: housing · governance ethics · economy jobs

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 an August 2024 rule about how federal Truth in Lending law applies to home sales paid for through contracts for deed, which are seller-financed home purchase agreements. Under the resolution, the May 2025 withdrawal would have no force or effect.

Full text and official record on Congress.gov

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Action history

DateChamberActionStatus effect
2026-05-13SenateMotion to proceed to consideration of measure rejected in Senate by Voice Vote. (consideration: CR S2267)
2026-04-27SenatePlaced on Senate Legislative Calendar under General Orders. Calendar No. 396.
2026-04-27SenateSenate Committee on Banking, Housing, and Urban Affairs discharged, by petition, pursuant to 5 U.S.C. 802(c).report
2026-04-27Senate Committee on Banking, Housing, and Urban Affairs discharged, by petition, pursuant to 5 U.S.C. 802(c).report
2026-03-26SenateRead twice and referred to the Committee on Banking, Housing, and Urban Affairs.refer
2026-03-26Introduced in Senateintroduce
Source: GovInfo Bill Status (Library of Congress), fetched 2026-09-11. Provisions and opinion polling arrive in a later release.