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 "The Fair Credit Reporting Act's Limited Preemption of State Laws".
Sen. Cortez Masto Introduces Resolution to Protect State-Level Credit Reporting Laws
Legislative Progress
Key Points
Impact Analysis
Personal Impact
Small business owners frequently rely on personal credit to secure business loans or lines of credit. Stronger state-level credit reporting rules can give them more avenues to dispute errors or address identity theft that could harm their ability to access capital for their businesses.
State Impacts
Milestones
Motion to proceed to consideration of measure rejected in Senate by Voice Vote.
The Senate is voting on whether to even start debating this bill. This vote can be used to block bills before discussion begins.
Motion to proceed to consideration of measure rejected in Senate by Voice Vote. (consideration: CR S2271)
The Senate is voting on whether to even start debating this bill. This vote can be used to block bills before discussion begins.
Placed on Senate Legislative Calendar under General Orders. Calendar No. 385.
The bill is now on the schedule for the full chamber to consider. It's in line for debate and a vote.
Senate Committee on Banking, Housing, and Urban Affairs discharged, by petition, pursuant to 5 U.S.C. 802(c).
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Sent to a congressional committee for expert review. The committee decides whether this bill moves forward.
Votes
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Source Information
Document Type
Congressional Bill
Official Title
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 "The Fair Credit Reporting Act's Limited Preemption of State Laws".
Data Sources
Sponsor
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