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 jobsSummary
AI-generated summary, report an errorThis 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.
Sponsors
- Jack Reed Democrat sponsor
- 0 cosponsors
Action history
| Date | Chamber | Action | Status effect |
|---|---|---|---|
| 2026-07-29 | Senate | Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. | refer |
| 2026-07-29 | Introduced in Senate | introduce |