A joint resolution providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Bureau of Consumer Financial Protection relating to the withdrawal of the rule relating to "Application of Regulation Z's Ability-To-Repay Rule to Certain Situations Involving Successors-In-Interest".
Sponsored By: Senator Schiff, Adam B. [D-CA]
Introduced
Summary
Preserves the Ability-to-Repay rule's coverage for successors-in-interest. This joint resolution disapproves the Consumer Financial Protection Bureau's rule that would withdraw the application of Regulation Z's Ability-to-Repay rule in situations involving successors-in-interest, preventing that withdrawal and keeping the prior regulatory treatment in place.
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Bill Overview
No Economic Impacts Identified for this Bill
Sponsors & CoSponsors
Sponsor
Schiff, Adam B. [D-CA]
CA • D
Cosponsors
There are no cosponsors for this bill.
Roll Call Votes
No roll call votes available for this bill.
View on Congress.gov