S.J.Res. 15: 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 Currency relating to "National Banks and Federal Savings Associations as Lenders".
117th Congress · Sponsored from Maryland · Became law
What this bill does
This joint resolution nullifies the final rule issued by the Office of the Comptroller of the Currency titled National Banks and Federal Savings Associations as Lenders and published on October 30, 2020. The rule requires that to be considered a lender, a national bank or federal saving association must, as of the date of origination of the loan (1) be named as the lender in the loan agreement, or (2) fund the loan.
Key facts
- Status Became law
- Introduced 2021-03-25
- Policy area Finance and Financial Sector
- Cosponsors 9
- Latest action Became Public Law No: 117-24.
Sponsor
Who funds the sponsor?
Sen. Van Hollen, Chris [D-MD] introduced S.J.Res. 15. On Voterly you can see their top campaign donors from public Federal Election Commission records — individuals, PACs, and industry groups (follow the money) — and compare that with how they vote.
See Sen. Van Hollen, Chris [D-MD]'s donors & voting record →
Campaign donations show who helps fund the sponsor's election; they are not the same as who drafted or lobbied for the bill text. Lobbying disclosures are separate public records.
Take a position & compare alignment
Agree or disagree with S.J.Res. 15? Go to the homepage to record your view and compare your stance with how your representatives vote. See Sen. Van Hollen, Chris [D-MD]'s profile to vote on their bills and check your alignment % with the sponsor.
Read the official text on Congress.gov →
Frequently asked questions
What does S.J.Res. 15 do?
This joint resolution nullifies the final rule issued by the Office of the Comptroller of the Currency titled National Banks and Federal Savings Associations as Lenders and published on October 30, 2020. The rule requires that to be considered a lender, a national bank or federal…
Who sponsored S.J.Res. 15?
Sen. Van Hollen, Chris [D-MD] (D) of Maryland is the lead sponsor.
How do I find out who funds or lobbies for S.J.Res. 15?
Campaign-finance records (Federal Election Commission) show who funds the bill's sponsor. Separately, federal lobbying disclosures filed under the Lobbying Disclosure Act list the companies and lobbyists who reported lobbying on specific bills. Voterly links the sponsor's donors; lobbying records are public at the U.S. Senate and House lobbying databases.
Is S.J.Res. 15 now law?
Yes — the latest action indicates S.J.Res. 15 became law.