H.J.Res. 111 became law, with cosponsors, all Republicans
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".
Written by the Congressional Research Service [2]. 93 words.
(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.)
- Committees
- House Financial Services Committee
- Policy area
- Finance and Financial Sector: 53 of 3,256 bills became law, 113th–118th (1.6%)
- Sponsor
- 1 of 34 bills enacted since 2013
- Text versions
- 5, from enrolled bill to public law · 223 words
- Subjects
- Administrative law and regulatory proceduresAlternative dispute resolution, mediation, arbitrationBusiness recordsCongressional oversightConsumer Financial Protection BureauConsumer credit +2 more
- Latest action
- Nov 1, 2017: Signed by President.
- Records
- Congress.gov · Bill text
Each bill appears once, under its strongest link. 2 in all.
Identical or companion · 1
- 115th S.J.Res. 47 A joint resolution providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by Bureau o R · Introduced
Procedural (rules, motions) · 1
- 115th H.Res. 468 Providing for consideration of the joint resolution (H.J. Res. 111) providing for congressional disapproval under chapter 8 of title 5, Unit R · Agreed to