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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 jobsSummary
AI-generated summary, report an errorThis 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.
Sponsors
- Charles E. Schumer Democrat sponsor
- 0 cosponsors
Action history
| Date | Chamber | Action | Status effect |
|---|---|---|---|
| 2026-05-13 | Senate | Motion to proceed to consideration of measure rejected in Senate by Voice Vote. (consideration: CR S2267) | |
| 2026-04-27 | Senate | Placed on Senate Legislative Calendar under General Orders. Calendar No. 396. | |
| 2026-04-27 | Senate | Senate Committee on Banking, Housing, and Urban Affairs discharged, by petition, pursuant to 5 U.S.C. 802(c). | report |
| 2026-04-27 | Senate Committee on Banking, Housing, and Urban Affairs discharged, by petition, pursuant to 5 U.S.C. 802(c). | report | |
| 2026-03-26 | Senate | Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. | refer |
| 2026-03-26 | Introduced in Senate | introduce |