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 of the Department of the Treasury relating to the review of applications under the Bank Merger Act.
Latest Action
Became Public Law No: 119-19.
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Official Summary
Official legislative summary associated with this bill.
This joint resolution nullifies the final rule issued by the Department of the Treasury’s Office of the Comptroller of the Currency titled Business Combinations Under the Bank Merger Act and published on September 25, 2024. The rule revises procedures for reviewing applications for proposed bank mergers, such as by removing automatic approvals under an expedited review procedure and by discontinuing streamlined application forms.
Primary Sponsors
Members listed as primary sponsors of this legislation.
Cosponsors
Members who joined this legislation as cosponsors.
Thomas Tillis
Republican • North Carolina
Original CosponsorFeb 4, 2025
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Bill Hagerty
Republican • Tennessee
Original CosponsorFeb 4, 2025
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Tim Scott
Republican • South Carolina
Feb 6, 2025
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Steve Daines
Republican • Montana
Mar 31, 2025
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Bernie Moreno
Republican • Ohio
Apr 29, 2025
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Recorded Actions
Official legislative actions recorded for this measure.
Rule provides for consideration of S.J. Res. 13 and S.J. Res. 31. The resolution provides for consideration of S.J. Res. 13 and S.J. Res. 31 under a closed rule with one hour of general debate on each joint resolution. The resolution also provides for a motion to commit on both joint resolutions.
Official source ↗POSTPONED PROCEEDINGS - At the conclusion of debate on S.J. Res. 13, the Chair put the question on passage of the joint resolution and by voice vote, announced that the ayes had prevailed. Ms. Waters demanded the yeas and nays and the Chair postponed further proceedings until a time to be announced.
Official source ↗Passed/agreed to in House: On passage Passed by the Yeas and Nays: 220 - 207 (Roll no. 137).
Official source ↗On passage Passed by the Yeas and Nays: 220 - 207 (Roll no. 137).
Official source ↗Motion to reconsider laid on the table Agreed to without objection.
Official source ↗DEBATE - The House proceeded with one hour of debate on S.J. Res. 13.
Official source ↗Considered under the provisions of rule H. Res. 426. (consideration: CR H2168-2175)
Official source ↗Considered as unfinished business. (consideration: CR H2177-2178)
Official source ↗Rules Committee Resolution H. Res. 426 Reported to House. Rule provides for consideration of S.J. Res. 13 and S.J. Res. 31. The resolution provides for consideration of S.J. Res. 13 and S.J. Res. 31 under a closed rule with one hour of general debate on each joint resolution. The resolution also provides for a motion to commit on both joint resolutions.
Official source ↗Passed/agreed to in Senate: Passed Senate without amendment by Yea-Nay Vote. 52 - 47. Record Vote Number: 237.
Official source ↗Passed Senate without amendment by Yea-Nay Vote. 52 - 47. Record Vote Number: 237. (text: CR S2793)
Official source ↗Senate Committee on Banking, Housing, and Urban Affairs discharged by petition pursuant to 5 U.S.C. 802(c).
Official source ↗Placed on Senate Legislative Calendar under General Orders. Calendar No. 69.
Official source ↗Motion to proceed to consideration of measure agreed to in Senate by Yea-Nay Vote. 53 - 46. Record Vote Number: 233.
Official source ↗Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Official source ↗Linked Votes
Roll-call votes associated with this legislation.