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S.J.Res. 13 Senate Finance and Financial Sector

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.

Introduced
Feb 4, 2025
Sponsor
Sen. Kennedy, John (R-LA)
View on Congress.gov

BECAME LAW JUN 20, 2025

Became Law on Jun 20, 2025.

  1. Senate Introduced in Senate Feb 4, 2025
  2. Senate Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Feb 4, 2025
  3. Senate Senate Committee on Banking, Housing, and Urban Affairs discharged by petition pursuant to 5 U.S.C. 802(c). May 6, 2025
  4. Senate Placed on Senate Legislative Calendar under General Orders. Calendar No. 69. May 6, 2025
  5. Senate Motion to proceed to consideration of measure agreed to in Senate by Yea-Nay Vote. 53 - 46. Record Vote Number: 233. May 6, 2025
  6. Senate Measure laid before Senate by motion. (consideration: CR S2769) May 6, 2025
  7. Senate
    On the Motion to Proceed S.J.Res. 13 May 6, 2025
    Agreed Yea 53 Nay 46 Roll Call
  8. Senate Considered by Senate. (consideration: CR S2789, S2789-2796) May 7, 2025
  9. Senate Passed/agreed to in Senate: Passed Senate without amendment by Yea-Nay Vote. 52 - 47. Record Vote Number: 237. May 7, 2025
  10. Senate Passed Senate without amendment by Yea-Nay Vote. 52 - 47. Record Vote Number: 237. (text: CR S2793) May 7, 2025
  11. Senate
    On the Joint Resolution S.J.Res. 13 May 7, 2025
    Agreed Yea 52 Nay 47 Roll Call
  12. Senate Message on Senate action sent to the House. May 8, 2025
  13. House Received in the House. May 9, 2025
  14. House Held at the desk. May 9, 2025
  15. House 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. May 19, 2025
  16. House Considered under the provisions of rule H. Res. 426. (consideration: CR H2168-2175) May 20, 2025
  17. 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. May 20, 2025
  18. House DEBATE - The House proceeded with one hour of debate on S.J. Res. 13. May 20, 2025
  19. House The previous question was ordered pursuant to the rule. May 20, 2025
  20. House 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. May 20, 2025
  21. House Considered as unfinished business. (consideration: CR H2177-2178) May 20, 2025
  22. Senate Passed/agreed to in House: On passage Passed by the Yeas and Nays: 220 - 207 (Roll no. 137). May 20, 2025
  23. House On passage Passed by the Yeas and Nays: 220 - 207 (Roll no. 137). May 20, 2025
  24. House Motion to reconsider laid on the table Agreed to without objection. May 20, 2025
  25. House
    On Passage May 20, 2025
    Agreed Yea 220 Nay 207 Roll Call
  26. Senate
    Presented to President. Jun 10, 2025
  27. Senate
    Signed by President. Jun 20, 2025
  28. Senate Latest action
    Became Public Law No: 119-19. Jun 20, 2025

Cosponsors

5

Subjects

Administrative law and regulatory proceduresBanking and financial institutions regulationCongressional oversightCorporate finance and managementDepartment of the Treasury

Committees

  • Banking, Housing, and Urban Affairs Committee
    • [Discharged From, May 6, 2025]
    • [Referred To, Feb 4, 2025]

Summary

This joint resolution nullifies the final rule issued by the Department of the Treasury’s Office of the Comptroller of the Currency titled Business Combinations Under the Bank Merger Act and published on September 25, 2024. The rule revises procedures for reviewing applications for proposed bank mergers, such as by removing automatic approvals under an expedited review procedure and by discontinuing streamlined application forms.

[Summary as of: Public Law]

Bill Text

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