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Proposed

Resolution · 119th Congress · SJRES 203

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 the Currency relating to "Preemption Determination: State Interest-on-Escrow Laws".

Refreshed 5 h ago

Introduced 2026-07-29Topic: housing · governance ethics · economy jobs

Summary

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This joint resolution would use the Congressional Review Act to cancel a rule issued by the Office of the Comptroller of the Currency, the federal agency that oversees national banks. The rule, titled "Preemption Determination: State Interest-on-Escrow Laws," was published on May 19, 2026, and concerns whether state laws on paying interest on escrow accounts apply to national banks. If passed, the rule would have no force or effect.

Full text and official record on Congress.gov

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Action history

DateChamberActionStatus effect
2026-07-29SenateRead twice and referred to the Committee on Banking, Housing, and Urban Affairs.refer
2026-07-29Introduced in Senateintroduce
Source: GovInfo Bill Status (Library of Congress), fetched 2026-09-11. Provisions and opinion polling arrive in a later release.