{"format":1,"id":"119-sjres-18","congress":119,"number":"S.J.Res. 18","kind":"joint_resolution","group":"bills","title":"A joint resolution disapproving the rule submitted by the Bureau of Consumer Financial Protection relating to \"Overdraft Lending: Very Large Financial Institutions\".","title_source":"Display Title","official_title":"A joint resolution disapproving the rule submitted by the Bureau of Consumer Financial Protection relating to \"Overdraft Lending: Very Large Financial Institutions\".","titles":[{"type":"Official Title as Introduced","title":"A joint resolution disapproving the rule submitted by the Bureau of Consumer Financial Protection relating to \"Overdraft Lending: Very Large Financial Institutions\"."},{"type":"Display Title","title":"A joint resolution disapproving the rule submitted by the Bureau of Consumer Financial Protection relating to \"Overdraft Lending: Very Large Financial Institutions\"."}],"outcome":"became_law","law_number":"Public Law 119-10","introduced":"2025-02-13","chambers":{"house":{"status":"roll_call","date":"2025-04-09","vote":{"id":"119-2025-h96","question":"On Passage","title":"Disapproving the rule submitted by the Bureau of Consumer Financial Protection relating to “Overdraft Lending: Very Large Financial Institutions”","result":"Passed","yea":217,"nay":211,"present":0,"not_voting":5,"source":"https://clerk.house.gov/evs/2025/roll096.xml"}},"senate":{"status":"roll_call","date":"2025-03-27","vote":{"id":"119-2025-s153","question":"On the Joint Resolution","title":"S.J.Res. 18","result":"Joint Resolution Passed","yea":52,"nay":48,"present":0,"not_voting":0,"source":"https://www.senate.gov/legislative/LIS/roll_call_votes/vote1191/vote_119_1_00153.xml"}}},"president":{"status":"signed","date":"2025-05-09"},"vice_president_tie_breaker":null,"latest_action":{"text":"Became Public Law No: 119-10.","date":"2025-05-09"},"nominees":null,"amendments":[],"other_votes":[{"chamber":"senate","date":"2025-03-26","question":"On the Motion to Proceed","title":"Motion to Proceed to S.J.Res. 18","result":"Motion to Proceed Agreed to","yea":52,"nay":47,"present":0,"not_voting":1,"kind":"procedural","source":"https://www.senate.gov/legislative/LIS/roll_call_votes/vote1191/vote_119_1_00152.xml"}],"crs_summary":{"date":"2025-05-09","stage":"Public Law","blocks":[{"k":"p","t":"This joint resolution nullifies the final rule issued by the Consumer Financial Protection Bureau titled Overdraft Lending: Very Large Financial Institutions and published on December 30, 2024. The rule revises provisions regarding charges for insufficient funds in a customer’s bank account (i.e., overdrafts) at very large financial institutions. Under the rule, these institutions must (1) cap overdraft charges at $5; (2) with justification, cap charges at a higher amount; or (3) handle overdrafts as credit and comply with applicable Truth in Lending Act disclosure requirements."}],"words":85},"summary":{"main_subject":{"text":"Disapproves the Bureau of Consumer Financial Protection's final rule \"Overdraft Lending: Very Large Financial Institutions\" (89 Fed. Reg. 106768, December 30, 2024) and provides that the rule has no force or effect.","cites":[{"label":"Text","href":"https://www.congress.gov/bill/119th-congress/senate-joint-resolution/18/text/enr#HA605F242F6D84A37B29B8C3303B9A36E"}]},"core_areas":["Congressional disapproval of the Bureau of Consumer Financial Protection rule on overdraft lending by very large financial institutions"],"what_it_does":[{"text":"States that Congress disapproves the final rule submitted by the Bureau of Consumer Financial Protection titled \"Overdraft Lending: Very Large Financial Institutions.\"","cite":{"label":"Text","href":"https://www.congress.gov/bill/119th-congress/senate-joint-resolution/18/text/enr#HA605F242F6D84A37B29B8C3303B9A36E"}},{"text":"Identifies the rule as published at 89 Fed. Reg. 106768 on December 30, 2024.","cite":{"label":"Text","href":"https://www.congress.gov/bill/119th-congress/senate-joint-resolution/18/text/enr#HA605F242F6D84A37B29B8C3303B9A36E"}},{"text":"Provides that the disapproved rule shall have no force or effect.","cite":{"label":"Text","href":"https://www.congress.gov/bill/119th-congress/senate-joint-resolution/18/text/enr#HA605F242F6D84A37B29B8C3303B9A36E"}}],"unexpected":[],"version":{"type":"Enrolled Bill","date":null,"rule":"enrolled","href":"https://www.congress.gov/bill/119th-congress/senate-joint-resolution/18/text/enr"},"current":true,"model":"claude-sonnet-5-5","approved":"2026-09-29","approved_by":"checks"},"sources":{"congress_gov":"https://www.congress.gov/bill/119th-congress/senate-joint-resolution/18","text":"https://www.congress.gov/bill/119th-congress/senate-joint-resolution/18/text"},"card":{"image":"card/item/119-sjres-18.png","v":"8bbd03186d91","alt":"Votes on Record. S.J.Res. 18, 119th Congress: A joint resolution disapproving the rule submitted by the Bureau of Consumer Financial Protection relating to \"Overdraft Lending: Very Large Financial Institutions\". House: 217 Yea, 211 Nay. Senate: 52 Yea, 48 Nay. Outcome: Became law, 9 May 2025."}}