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H.J.Res. 59

U.S. House•House Floor Calendar

Summary

H.J.Res. 59, “Disapproving the rule submitted by the Bureau of Consumer Financial Protection relating to "Overdraft Lending: Very Large Financial Institutions"”, was introduced in the House on Feb 13, 2025 by Rep. French Hill (R) with 17 co-sponsors. It last saw action on Mar 21, 2025: Placed on the Union Calendar, Calendar No. 16.

Record

Text

H.J.Res. 59 has 17 co-sponsors.

hjr59/introduced-in-house.txt
119 HJ 59 IH: Disapproving the rule submitted by the Bureau of Consumer Financial Protection relating to “Overdraft Lending: Very Large Financial Institutions”.
 U.S. House of Representatives
 2025-02-13
 text/xml
 EN
 Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.
 IA  119th CONGRESS  1st Session  H. J. RES. 59  IN THE HOUSE OF REPRESENTATIVES   February 13, 2025   Mr. Hill of Arkansas  (for himself,  Mr. Meuser ,  Mr. Ogles ,  Mrs. Wagner ,  Mr. Huizenga ,  Mr. Timmons ,  Mr. Moore of North Carolina ,  Mr. Haridopolos ,  Mr. Barr ,  Mr. Williams of Texas ,  Mr. Donalds ,  Ms. Salazar ,  Mr. Downing ,  Mr. Norman , and  Mr. Grothman ) submitted the following joint resolution; which was referred to the  Committee on Financial Services    JOINT RESOLUTION
Disapproving the rule submitted by the Bureau of Consumer Financial Protection relating to  Overdraft Lending: Very Large Financial Institutions .
That Congress disapproves the final rule submitted by the Bureau of Consumer Financial Protection relating to  Overdraft Lending: Very Large Financial Institutions  (89 Fed. Reg. 106768 (December 30, 2024)), and such rule shall have no force or effect.

Tracker

The tracker indicates the progress of this legislation as it moves through the legislative process.

  1. Introduced2025-02-13
  2. Passed House
  3. Passed Senate
  4. Conference
  5. To President
  6. Became Law

CRS Summary

The summaries are the Congressional Research Service’s, one per stage. Read them in full.

Introduced in House Feb 13, 2025

hjr59/introduced-in-house.md

Shown Here:
Introduced in House (02/13/2025)

This joint resolution nullifies the final rule issued by the Consumer Financial Protection Bureau titled Overdraft Lending: Very Large Financial Institutions and published on December 30, 2024. The rule revises provisions regarding charges for insufficient funds in a customer’s bank account (i.e., overdrafts) at very large financial institutions. Under the rule, these institutions must (1) cap overdraft charges at $5; (2) with justification, cap charges at a higher amount; or (3) handle overdrafts as credit and comply with applicable Truth in Lending Act disclosure requirements.

Sponsors

Rep. French Hill (R) sponsors H.J.Res. 59, and 17 members have co-sponsored it, 14 of them from the day it was introduced.

Committees

H.J.Res. 59 went before 1 committee: Financial Services.

Financial Services
Financial Services
Reported By · Mar 21, 2025 · 559 Bills

Reports

1 committee report has been filed on H.J.Res. 59, the latest H. Rept. 119-26.

  • H. Rept. 119-26 — DISAPPROVING THE RULE SUBMITTED BY THE BUREAU OF CONSUMER FI- NANCIAL PROTECTION RELATING TO OVERDRAFT LENDING: "VERY LARGE FINANCIAL INSTITUTIONS"

Actions

H.J.Res. 59 has taken 6 actions since Feb 13, 2025, the latest on Mar 21, 2025.

ChamberAction
Mar 21, 2025
House
Reported by the Committee on Financial Services. H. Rept. 119-26.Financial Services Committee
Mar 21, 2025
House
Placed on the Union Calendar, Calendar No. 16.
Mar 5, 2025
House
Committee Consideration and Mark-up Session HeldFinancial Services Committee
Mar 5, 2025
House
Ordered to be Reported by the Yeas and Nays: 30 - 19.Financial Services Committee
Feb 13, 2025
House
Introduced in House

Votes

H.J.Res. 59 has not gone to a roll call.

1 bill is related to H.J.Res. 59.

Titles

H.J.Res. 59 goes by 2 titles.

  • Disapproving the rule submitted by the Bureau of Consumer Financial Protection relating to "Overdraft Lending: Very Large Financial Institutions". — Official Title as Introduced
  • Disapproving the rule submitted by the Bureau of Consumer Financial Protection relating to "Overdraft Lending: Very Large Financial Institutions". — Display Title

Cost estimate

The Congressional Budget Office has filed 1 estimate for H.J.Res. 59, the latest on Sep 24, 2025.

Lobbying

12 clients hired 12 firms and 198 registered lobbyists who named H.J.Res. 59 in 45 quarterly filings, 2025 to 2026. Reported under the Lobbying Disclosure Act; a filing’s income covers everything its registrant worked that quarter, so the amounts below are the filings’, not this bill’s.

Filed under Banking, Taxation/Internal Revenue Code, Budget/Appropriations, Financial Institutions/Investments/Securities, Small Business, Government Issues, Housing, Homeland Security.

Clients

Who paid to be heard, by how many filings named the bill.

ClientBusinessStateFirmsFilingsReported
CHAMBER OF COMMERCE OF THE U.S.A.—District of Columbia17—
NEW YORK BANKERS ASSOCIATION—New York17—
CALIFORNIA AND NEVADA CREDIT UNION LEAGUES—California16—
CONSUMER BANKERS ASSOCIATION—District of Columbia16—
GOWEST CREDIT UNION ASSOCIATIONCredit Union Trade AssociationWashington16—
AMERICAN BANKERS ASSOCIATION—District of Columbia13—
AMERICANS FOR FINANCIAL REFORM—District of Columbia12—
CENTER FOR RESPONSIBLE LENDING A SUPPORTING CORP OF CTR FOR COMMUNITY SELF-HELP—District of Columbia12—
CREDIT UNION NATIONAL ASSOCIATION, INC. DBA AMERICA'S CREDIT UNIONS—District of Columbia12—
INDEPENDENT COMMUNITY BANKERS OF AMERICA—District of Columbia12—
COMMUNITY BANKERS ASSOCIATION OF ILLINOIS—Illinois11—
JPMORGAN CHASE HOLDINGS LLC—New York11—

Firms

Registrants who filed on the bill, by filings.

RegistrantClientsFilingsReported
CHAMBER OF COMMERCE OF THE U.S.A.17—
NEW YORK BANKERS ASSOCIATION17—
CALIFORNIA AND NEVADA CREDIT UNION LEAGUES16—
CONSUMER BANKERS ASSOCIATION16—
GOWEST CREDIT UNION ASSOCIATION16—
AMERICAN BANKERS ASSOCIATION13—
AMERICANS FOR FINANCIAL REFORM12—
CENTER FOR RESPONSIBLE LENDING, A SUPPORTING CORP OF CTR FOR COMMUNITY SELF-HELP12—
CREDIT UNION NATIONAL ASSOCIATION. INC. DBA AMERICA'S CREDIT UNIONS12—
INDEPENDENT COMMUNITY BANKERS OF AMERICA12—
COMMUNITY BANKERS ASSOCIATION OF ILLINOIS11—
JPMORGAN CHASE HOLDINGS LLC11—

Lobbyists

Named on the filings that cite the bill. The 20 named most often, of 198.

LobbyistFirmsClientsFilings
ABELARDO TORRES117
ANDREA PORWOLL117
ASHLEY GUM117
BRADLEY WATTS117
BRENT WEITZBERG117
BRINCE MANNING117
BROOKE MILLER117
CASSIA CARVALHO117
CHAD WHITEMAN117
CHANTEL SHEAKS117
CHRISTOPHER CRENSHAW117
CHRISTOPHER EYLER117
CHRISTOPHER GUITH117
CHRISTOPHER ROBERTI117
CLARE CUSACK117
CLARK JACKSON117
DAN BYERS117
ERIN DELANEY117
ESPERANZA JELALIAN117
FOXHALL PARKER117

Filings

The documents themselves, on the Senate’s Lobbying Disclosure site, largest reported first.

ClientRegistrantPeriodReportedDocument
CHAMBER OF COMMERCE OF THE U.S.A.CHAMBER OF COMMERCE OF THE U.S.A.2026 first_quarter$19.8M1st Quarter - Amendme…
CHAMBER OF COMMERCE OF THE U.S.A.CHAMBER OF COMMERCE OF THE U.S.A.2026 first_quarter$19.8M1st Quarter - Report
CHAMBER OF COMMERCE OF THE U.S.A.CHAMBER OF COMMERCE OF THE U.S.A.2025 second_quarter$19.3M2nd Quarter - Report
CHAMBER OF COMMERCE OF THE U.S.A.CHAMBER OF COMMERCE OF THE U.S.A.2025 first_quarter$19.3M1st Quarter - Report
CHAMBER OF COMMERCE OF THE U.S.A.CHAMBER OF COMMERCE OF THE U.S.A.2025 fourth_quarter$18M4th Quarter - Report
CHAMBER OF COMMERCE OF THE U.S.A.CHAMBER OF COMMERCE OF THE U.S.A.2026 second_quarter$17M2nd Quarter - Report
CHAMBER OF COMMERCE OF THE U.S.A.CHAMBER OF COMMERCE OF THE U.S.A.2025 third_quarter$13.7M3rd Quarter - Report
INDEPENDENT COMMUNITY BANKERS OF AMERICAINDEPENDENT COMMUNITY BANKERS OF AMERICA2025 second_quarter$2.7M2nd Quarter - Report
AMERICAN BANKERS ASSOCIATIONAMERICAN BANKERS ASSOCIATION2025 third_quarter$2.2M3rd Quarter - Report
AMERICAN BANKERS ASSOCIATIONAMERICAN BANKERS ASSOCIATION2025 second_quarter$2M2nd Quarter - Report
AMERICAN BANKERS ASSOCIATIONAMERICAN BANKERS ASSOCIATION2025 first_quarter$1.7M1st Quarter - Report
CREDIT UNION NATIONAL ASSOCIATION, INC. DBA AMERICA'S CREDIT UNIONSCREDIT UNION NATIONAL ASSOCIATION. INC. DBA AMERICA'S CREDIT UNIONS2025 first_quarter$1.2M1st Quarter - Report
CREDIT UNION NATIONAL ASSOCIATION, INC. DBA AMERICA'S CREDIT UNIONSCREDIT UNION NATIONAL ASSOCIATION. INC. DBA AMERICA'S CREDIT UNIONS2025 second_quarter$1.2M2nd Quarter - Report
CONSUMER BANKERS ASSOCIATIONCONSUMER BANKERS ASSOCIATION2025 third_quarter$1.2M3rd Quarter - Report
CONSUMER BANKERS ASSOCIATIONCONSUMER BANKERS ASSOCIATION2026 second_quarter$1M2nd Quarter - Report
CONSUMER BANKERS ASSOCIATIONCONSUMER BANKERS ASSOCIATION2025 fourth_quarter$970K4th Quarter - Report
JPMORGAN CHASE HOLDINGS LLCJPMORGAN CHASE HOLDINGS LLC2025 first_quarter$940K1st Quarter - Report
INDEPENDENT COMMUNITY BANKERS OF AMERICAINDEPENDENT COMMUNITY BANKERS OF AMERICA2025 first_quarter$880.8K1st Quarter - Report
CONSUMER BANKERS ASSOCIATIONCONSUMER BANKERS ASSOCIATION2025 first_quarter$850K1st Quarter - Report
CONSUMER BANKERS ASSOCIATIONCONSUMER BANKERS ASSOCIATION2026 first_quarter$830K1st Quarter - Report

Classification

The Congressional Research Service files H.J.Res. 59 under Finance and Financial Sector, one of its 31 policy areas, and gives it 6 legislative subjects.

CRS Subjects

CRS assigns every bill one policy area from its 31; H.J.Res. 59’s is Finance and Financial Sector.

hjres59/policy-areas.txt
Finance and Financial SectorAgriculture and FoodAnimalsArmed Forces and National SecurityArts, Culture, ReligionCivil Rights and Liberties, Minority IssuesCommerceCongressCrime and Law EnforcementEconomics and Public FinanceEducationEmergency ManagementEnergyEnvironmental ProtectionFamiliesForeign Trade and International FinanceGovernment Operations and PoliticsHealthHousing and Community DevelopmentImmigrationInternational AffairsLabor and EmploymentLawNative AmericansPublic Lands and Natural ResourcesScience, Technology, CommunicationsSocial WelfareSports and RecreationTaxationTransportation and Public WorksWater Resources Development

Legislative Subjects

H.J.Res. 59 carries 6 of CRS’s legislative subjects, from Administrative law and regulatory procedures to User charges and fees.

hjres59/subjects.txt
Administrative law and regulatory proceduresBank accounts, deposits, capitalBanking and financial institutions regulationCongressional oversightConsumer Financial Protection BureauUser charges and fees

Constitutional authority

The clause the sponsor cites as Congress’s power to enact H.J.Res. 59, as entered in the Congressional Record.

[Congressional Record Volume 171, Number 30 (Thursday, February 13, 2025)][House]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. HILL of Arkansas:H.J. Res. 59.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8 of the United States Constitution[Page H712]

Source: congress.gov · legiscan.com