H.J.Res. 111 — Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by Bureau of Consumer Financial Protection relating to "Arbitration Agreements". | PoliFocus

H.J.Res. 111115th Congress

Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by Bureau of Consumer Financial Protection relating to "Arbitration Agreements".

Subjects

Finance and Financial Sector

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Summary

(This measure has not been amended since it was introduced. The summary of that version is repeated here.)

This joint resolution nullifies a rule submitted by the Consumer Financial Protection Bureau (CFPB) regarding arbitration agreements.

(The rule regulates the use of arbitration agreements in contracts for specific consumer financial products and services. It prohibits the use of a predispute arbitration agreement to prevent a consumer from filing or participating in certain class action suits. The rule also requires consumer financial product and service providers to furnish the CFPB with particular information regarding arbitrations.)

Full Text

Related Legislation

S.J.Res. 47A joint resolution providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by Bureau of Consumer Financial Protection relating to "Arbitration Agreements".
2017-07-20Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Related
H.Res. 468Providing for consideration of the joint resolution (H.J. Res. 111) providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by Bureau of Consumer Financial Protection relating to "Arbitration Agreements".
2017-07-25Motion to reconsider laid on the table Agreed to without objection.
Related

Legislative Actions

2017-07-25
Rule H. Res. 468 passed House.
2017-07-25
Considered under the provisions of rule H. Res. 468. (consideration: CR H6268-6278)
2017-07-25
Rule provides for consideration of H.J. Res. 111 with 1 hour of general debate. Previous question shall be considered as ordered without intervening motions except motion to recommit. Measure will be considered read. Bill is closed to amendments.
2017-07-25
DEBATE - The House proceeded with one hour of debate on H.J. Res. 111.
2017-07-25
The previous question was ordered pursuant to the rule.
2017-07-25
Passed/agreed to in House: On passage Passed by recorded vote: 231 - 190 (Roll no. 412).(text: CR H6269)
Roll Call #412 (House)
2017-07-25
On passage Passed by recorded vote: 231 - 190 (Roll no. 412). (text: CR H6269)
Roll Call #412 (House)
2017-07-25
Motion to reconsider laid on the table Agreed to without objection.
2017-07-25
Received in the Senate, read twice.
2017-10-24
Motion to proceed to consideration of measure agreed to in Senate by Voice Vote. (consideration: CR S6738)

Enacted as Public Law 115-74

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