Bill
HRES 287
HRES 287 streamlines House consideration of S.J. Res. 18, disapproving a rule on overdraft lending, impacting consumers and large financial institutions.
Bill Number: HRES 287
Title: Providing for the consideration of S.J. Res. 18, S.J. Res. 24, H.R. 1526, and H.R. 22
Status: Submitted in House
Introduced: April 01, 2025
Classification: Resolution
HRES 287 is a resolution that facilitates the consideration of several legislative measures in the House of Representatives, specifically focusing on the disapproval of a rule related to overdraft lending practices by large financial institutions. The primary aim is to expedite the legislative process for S.J. Res. 18, which seeks to disapprove a rule set forth by the Bureau of Consumer Financial Protection (BCFP) regarding overdraft lending.
Consideration of S.J. Res. 18: The resolution allows for the immediate consideration of S.J. Res. 18, which disapproves the BCFP's rule on overdraft lending practices.
Waiver of Points of Order: All points of order against the consideration of S.J. Res. 18 are waived, meaning that procedural objections cannot block the bill's consideration.
Debate Structure: The resolution stipulates that there will be one hour of debate on S.J. Res. 18, equally divided between the chair and the ranking minority member of the Committee on Financial Services, or their designees.
Final Passage: The previous question is considered ordered on S.J. Res. 18 and any amendments, allowing for a direct vote on final passage without further intervening motions, except for one motion to commit.
The resolution primarily affects:
- Consumers: Individuals who may be impacted by overdraft lending practices and the regulations governing them.
- Financial Institutions: Very large financial institutions that are subject to the BCFP's rules regarding overdraft lending.
- Legislators and Committees: Members of the House of Representatives, particularly those on the Committee on Financial Services, who will engage in the debate and voting process.
HRES 287 is associated with the following companion bills:
- HRES 294
- HRES 282
HRES 287 is a procedural resolution that sets the stage for the House to consider important legislation regarding consumer financial protection and overdraft lending practices. By waiving procedural hurdles, it aims to streamline the legislative process for addressing these issues, potentially impacting both consumers and large financial institutions.
Compiled from official sources — confirm details with the bill’s official record.
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