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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 "Fair Debt Collection Practices Act (Regulation F); Time-Barred Debt".

USA119th CongressSJRES-126| Senate 
| Updated: 3/17/2026
Andy Kim

Andy Kim

Democratic Senator

New Jersey

Banking, Housing, and Urban Affairs Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
This joint resolution proposes to disapprove, under the Congressional Review Act, a specific rule promulgated by the Bureau of Consumer Financial Protection (BCFP). The rule targeted for disapproval is the BCFP's action to withdraw a prior regulation titled "Fair Debt Collection Practices Act (Regulation F); Time-Barred Debt." By passing this resolution, Congress would nullify the BCFP's withdrawal rule, meaning it would have no legal force or effect . This action would effectively prevent the BCFP from removing the existing regulation concerning time-barred debt, thereby maintaining the status quo of that particular rule.
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Timeline
Mar 17, 2026
Introduced in Senate
Mar 17, 2026
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
  • March 17, 2026
    Introduced in Senate


  • March 17, 2026
    Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

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 "Fair Debt Collection Practices Act (Regulation F); Time-Barred Debt".

USA119th CongressSJRES-126| Senate 
| Updated: 3/17/2026
This joint resolution proposes to disapprove, under the Congressional Review Act, a specific rule promulgated by the Bureau of Consumer Financial Protection (BCFP). The rule targeted for disapproval is the BCFP's action to withdraw a prior regulation titled "Fair Debt Collection Practices Act (Regulation F); Time-Barred Debt." By passing this resolution, Congress would nullify the BCFP's withdrawal rule, meaning it would have no legal force or effect . This action would effectively prevent the BCFP from removing the existing regulation concerning time-barred debt, thereby maintaining the status quo of that particular rule.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Mar 17, 2026
Introduced in Senate
Mar 17, 2026
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
  • March 17, 2026
    Introduced in Senate


  • March 17, 2026
    Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Andy Kim

Andy Kim

Democratic Senator

New Jersey

Banking, Housing, and Urban Affairs Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted