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.
USA119th CongressSJRES-13| Senate
| Updated: 6/20/2025
John Kennedy
Republican Senator
Louisiana
Cosponsors (5)
Banking, Housing, and Urban Affairs Committee
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
This joint resolution, enacted under the Congressional Review Act, formally expresses congressional disapproval of a specific rule issued by the Office of the Comptroller of the Currency (OCC) within the Department of the Treasury. The rule in question pertains to "Business Combinations Under the Bank Merger Act" and was published in the Federal Register on September 25, 2024. This legislative action directly targets the OCC's regulatory authority in this area. As a direct consequence of this legislative action, the OCC's rule concerning the review of applications under the Bank Merger Act is effectively nullified. This means the disapproved rule will have no force or effect , preventing its implementation and ensuring it does not govern future bank merger processes. The resolution thus prevents the agency from enacting its proposed changes to the bank merger review process.
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Timeline
Introduced in Senate
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Placed on Senate Legislative Calendar under General Orders. Calendar No. 69.
Motion to proceed to consideration of measure agreed to in Senate by Yea-Nay Vote. 53 - 46. Record Vote Number: 233.
View VoteMeasure laid before Senate by motion. (consideration: CR S2769: 1)
Senate Committee on Banking, Housing, and Urban Affairs discharged by petition pursuant to 5 U.S.C. 802(c).
Passed Senate without amendment by Yea-Nay Vote. 52 - 47. Record Vote Number: 237. (text: CR S2793: 2)
View VoteConsidered by Senate. (consideration: CR S2789, S2789-2796: 6)
Message on Senate action sent to the House.
Received in the House.
Held at the desk.
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.
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. The resolution also provides for a motion to commit on both joint resolutions.
Considered under the provisions of rule H. Res. 426. (consideration: CR H2168-2175)
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.
DEBATE - The House proceeded with one hour of debate on S.J. Res. 13.
The previous question was ordered pursuant to the rule.
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.
Considered as unfinished business. (consideration: CR H2177-2178)
On passage Passed by the Yeas and Nays: 220 - 207 (Roll no. 137).
View VoteMotion to reconsider laid on the table Agreed to without objection.
Presented to President.
Signed by President.
Became Public Law No: 119-19.
Finance and Financial Sector
Administrative law and regulatory proceduresBanking and financial institutions regulationCongressional oversightCorporate finance and managementDepartment of the Treasury
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.
USA119th CongressSJRES-13| Senate
| Updated: 6/20/2025
This joint resolution, enacted under the Congressional Review Act, formally expresses congressional disapproval of a specific rule issued by the Office of the Comptroller of the Currency (OCC) within the Department of the Treasury. The rule in question pertains to "Business Combinations Under the Bank Merger Act" and was published in the Federal Register on September 25, 2024. This legislative action directly targets the OCC's regulatory authority in this area. As a direct consequence of this legislative action, the OCC's rule concerning the review of applications under the Bank Merger Act is effectively nullified. This means the disapproved rule will have no force or effect , preventing its implementation and ensuring it does not govern future bank merger processes. The resolution thus prevents the agency from enacting its proposed changes to the bank merger review process.
Suggested Questions
Get AI-generated questions to help you understand this bill better
Timeline
Introduced in Senate
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Placed on Senate Legislative Calendar under General Orders. Calendar No. 69.
Motion to proceed to consideration of measure agreed to in Senate by Yea-Nay Vote. 53 - 46. Record Vote Number: 233.
View VoteMeasure laid before Senate by motion. (consideration: CR S2769: 1)
Senate Committee on Banking, Housing, and Urban Affairs discharged by petition pursuant to 5 U.S.C. 802(c).
Passed Senate without amendment by Yea-Nay Vote. 52 - 47. Record Vote Number: 237. (text: CR S2793: 2)
View VoteConsidered by Senate. (consideration: CR S2789, S2789-2796: 6)
Message on Senate action sent to the House.
Received in the House.
Held at the desk.
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.
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. The resolution also provides for a motion to commit on both joint resolutions.
Considered under the provisions of rule H. Res. 426. (consideration: CR H2168-2175)
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.
DEBATE - The House proceeded with one hour of debate on S.J. Res. 13.
The previous question was ordered pursuant to the rule.
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.
Considered as unfinished business. (consideration: CR H2177-2178)
On passage Passed by the Yeas and Nays: 220 - 207 (Roll no. 137).
View VoteMotion to reconsider laid on the table Agreed to without objection.
Presented to President.
Signed by President.
Became Public Law No: 119-19.
John Kennedy
Republican Senator
Louisiana
Cosponsors (5)
Banking, Housing, and Urban Affairs Committee
Finance and Financial Sector
Related Bills
- HRES 119-426: Providing for consideration of the joint resolution (S.J. Res. 13) 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; providing for consideration of the joint resolution (S.J. Res. 31) providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Environmental Protection Agency relating to "Review of Final Rule Reclassification of Major Sources as Area Sources Under Section 112 of the Clean Air Act"; and waiving a requirement of clause 6(a) of rule XIII with respect to consideration of certain resolutions reported from the Committee on Rules.
- HJRES 119-92: 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.
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Administrative law and regulatory proceduresBanking and financial institutions regulationCongressional oversightCorporate finance and managementDepartment of the Treasury