S.J.Res.18 CRA: CFPB Overdraft Fee Rule
Repealing the CFPB's $5 cap on overdraft fees at banks and credit unions with over $10 billion in assets (119th Congress)
View on Congress.govBill activity
Introduced Feb 13, 2025 by Tim Scott (R-SC) with 13 original cosponsors. 16 cosponsors as of Mar 12, 2025. Passed the Senate Mar 27, 2025, 52-48. Passed the House Apr 9, 2025, 217-211. Became Public Law 119-10 on May 9, 2025.
- Reached the House floor under a special rule from the Rules Committee (H.Res.294).
- Reached the Senate floor on a motion to proceed.
- IntroducedFeb 13, 2025
- Passed SenateMar 27, 2025
- Passed HouseApr 9, 2025
- To PresidentMay 5, 2025
- Became LawMay 9, 2025
Latest action May 9, 2025: Became Public Law No: 119-10.
Cosponsors
119th Congress (Jan 2025 to Jan 2027)
Each dot is one cosponsor. Dots stack by sign-on day, or by week when the window is long. The block at the left holds the original cosponsors.
Senate measure (119th Congress): after introduction, senators are added as cosponsors by unanimous consent.
Activity log
- Introduced in Senate
- Read twice and referred to the Senate Committee on Banking, Housing, and Urban Affairs.Senate
13 original cosponsors on the day of introduction
- Bernie Moreno R-OH, original
- Bill Hagerty R-TN, original
- Cynthia M. Lummis R-WY, original
- James E. Risch R-ID, original
- Jerry Moran R-KS, original
- John Boozman R-AR, original
- Katie Boyd Britt R-AL, original
- Kevin Cramer R-ND, original
- Mike Crapo R-ID, original
- Mike Rounds R-SD, original
- Pete Ricketts R-NE, original
- Roger F. Wicker R-MS, original
- Thomas Tillis R-NC, original
- Mike Lee cosponsored (R-UT)
- Steve Daines cosponsored (R-MT)
- John Thune cosponsored (R-SD)
- Placed on Senate Legislative Calendar under General Orders. Calendar No. 34.Senate
Senate floor day: 1 recorded vote (3 steps)
Congress.gov lists Senate floor actions without times of day, so the order of steps without a roll-call number is reconstructed from the action list.
- Senate Committee on Banking, Housing, and Urban Affairs discharged, by petition, pursuant to 5 U.S.C. 802(c).
- Motion to proceed to consideration of measure agreed to in Senate by Yea-Nay Vote. 52 - 47. Record Vote Number: 152.
- Measure laid before Senate by motion.
- Considered by Senate.Senate
- Senate vote: Passage of the joint resolution
Passed, 52-48
Member breakdown · Official Senate roll call 153 - Message on Senate action sent to the House.Senate
- Received in the House.House
- Held at the desk.House
House floor day: vote on the rule (H.Res.282) (4 steps)
- Rules Committee Resolution H. Res. 282 Reported to House. Rule provides for consideration of H.R. 22, H.R. 1526, S.J. Res. 18 and S.J. Res. 28. The resolution provides for consideration of H.R. 22, H.R. 1526, S.J. Res. 18, and...
- On ordering the previous question Agreed to by the Yeas and Nays: 215 - 213 (Roll no. 86).
- Failed of passage/not agreed to in House On agreeing to the resolution Failed by recorded vote: 206 - 222 (Roll no. 87).
- On agreeing to the resolution Failed by recorded vote: 206 - 222 (Roll no. 87).
- Rules Committee Resolution H. Res. 294 Reported to House.
House floor day: passage (7 steps)
- Considered under the provisions of rule H. Res. 294.
- Rule provides for consideration of S.J. Res. 18, S.J. Res. 28, H.R. 1526 and H.R. 22. The resolution provides for consideration of H.R. 22, H.R. 1526, S.J. Res. 18, and S.J. Res. 28 under a closed rule. The resolution provides...
- DEBATE - The House proceeded with one hour of debate on S.J. Res. 18.
- The previous question was ordered pursuant to the rule.
- POSTPONED PROCEEDINGS - At the conclusion of debate on S.J. Res. 18, the Chair put the question on passage of the joint resolution and by voice vote, announced that the ayes had prevailed. Mr. Hill (AR) demanded the yeas and...
- Considered as unfinished business.
- On passage Passed by the Yeas and Nays: 217 - 211 (Roll no. 96).
- House vote: Passage of the joint resolutionCounted in grades
Passed, 217-211
Member breakdown · Official House roll call 96 - Motion to reconsider laid on the table Agreed to without objection.House
- Presented to President
- Signed by President
- Became Public Law No: 119-10
Votes on this joint resolution
7 votes: 7 recorded roll calls and 0 decided without a recorded vote, 0 of them on amendments. Showing 2 below; 5 procedural votes are behind "Show all 7 votes". Votes counted in grades are marked.
Mar 26, 2025SenateMotion to proceed (bring the bill to the floor)Motion to proceed to consideration of measure agreed to in Senate by Yea-Nay Vote. 52 - 47. Record Vote Number: 152.Agreed to52-47n/a
| Party | Yea | Nay | Present | Not voting |
|---|---|---|---|---|
| Democratic | 0 | 44 | 0 | 1 |
| Republican | 52 | 1 | 0 | 0 |
| Independent | 0 | 2 | 0 | 0 |
| Total | 52 | 47 | 0 | 1 |
Mar 27, 2025SenatePassage of the joint resolutionPassed Senate without amendment by Yea-Nay Vote. 52 - 48. Record Vote Number: 153.Passed52-48n/a
| Party | Yea | Nay | Present | Not voting |
|---|---|---|---|---|
| Democratic | 0 | 45 | 0 | 0 |
| Republican | 52 | 1 | 0 | 0 |
| Independent | 0 | 2 | 0 | 0 |
| Total | 52 | 48 | 0 | 0 |
Apr 1, 20251:58 pmHouseVote to end debate on the rule (ordering the previous question)
H.Res.282On ordering the previous question Agreed to by the Yeas and Nays: 215 - 213 (Roll no. 86).Agreed to215-213Nay
| Party | Yea | Nay | Present | Not voting |
|---|---|---|---|---|
| Democratic | 0 | 213 | 0 | 0 |
| Republican | 215 | 0 | 0 | 3 |
| Independent | 0 | 0 | 0 | 0 |
| Total | 215 | 213 | 0 | 3 |
Apr 1, 20252:16 pmHouseVote on the rule (H.Res.282)On agreeing to the resolution Failed by recorded vote: 206 - 222 (Roll no. 87).Failed206-222Nay
| Party | Yea | Nay | Present | Not voting |
|---|---|---|---|---|
| Democratic | 0 | 213 | 0 | 0 |
| Republican | 206 | 9 | 0 | 3 |
| Independent | 0 | 0 | 0 | 0 |
| Total | 206 | 222 | 0 | 3 |
Apr 8, 20253:14 pmHouseVote to end debate on the rule (ordering the previous question)
H.Res.294On ordering the previous question Agreed to by the Yeas and Nays: 213 - 211 (Roll no. 91).Agreed to213-211Nay
| Party | Yea | Nay | Present | Not voting |
|---|---|---|---|---|
| Democratic | 0 | 211 | 0 | 2 |
| Republican | 213 | 0 | 0 | 7 |
| Independent | 0 | 0 | 0 | 0 |
| Total | 213 | 211 | 0 | 9 |
Apr 8, 20253:23 pmHouseVote on the rule (H.Res.294)On agreeing to the resolution Agreed to by recorded vote: 213 - 211 (Roll no. 92).Agreed to213-211Nay
| Party | Yea | Nay | Present | Not voting |
|---|---|---|---|---|
| Democratic | 0 | 210 | 0 | 3 |
| Republican | 213 | 1 | 0 | 6 |
| Independent | 0 | 0 | 0 | 0 |
| Total | 213 | 211 | 0 | 9 |
Apr 9, 20254:26 pmHousePassage of the joint resolutionCounted in gradesOn passage Passed by the Yeas and Nays: 217 - 211 (Roll no. 96).Passed217-211Nay
Counted in grades
| Party | Yea | Nay | Present | Not voting |
|---|---|---|---|---|
| Democratic | 0 | 210 | 0 | 3 |
| Republican | 217 | 1 | 0 | 2 |
| Independent | 0 | 0 | 0 | 0 |
| Total | 217 | 211 | 0 | 5 |
Cosponsors
16 cosponsored
Sponsor Introduced by Tim Scott (R-SC) on Feb 13, 2025
| Member | Party/State | Date | Days after introduction | Original | Grade |
|---|---|---|---|---|---|
| Bernie Moreno | R-OH | Feb 13, 2025 | 0 | Original | — |
| Bill Hagerty | R-TN | Feb 13, 2025 | 0 | Original | — |
| Cynthia M. Lummis | R-WY | Feb 13, 2025 | 0 | Original | — |
| James E. Risch | R-ID | Feb 13, 2025 | 0 | Original | — |
| Jerry Moran | R-KS | Feb 13, 2025 | 0 | Original | — |
| John Boozman | R-AR | Feb 13, 2025 | 0 | Original | — |
| Katie Boyd Britt | R-AL | Feb 13, 2025 | 0 | Original | — |
| Kevin Cramer | R-ND | Feb 13, 2025 | 0 | Original | — |
| Mike Crapo | R-ID | Feb 13, 2025 | 0 | Original | — |
| Mike Rounds | R-SD | Feb 13, 2025 | 0 | Original | — |
| Pete Ricketts | R-NE | Feb 13, 2025 | 0 | Original | — |
| Roger F. Wicker | R-MS | Feb 13, 2025 | 0 | Original | — |
| Thomas Tillis | R-NC | Feb 13, 2025 | 0 | Original | — |
| Mike Lee | R-UT | Feb 19, 2025 | 6 | — | |
| Steve Daines | R-MT | Mar 4, 2025 | 19 | — | |
| John Thune | R-SD | Mar 12, 2025 | 27 | — |
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Repeals a 2024 CFPB rule that required banks and credit unions with more than $10 billion in assets to cap overdraft fees at $5, limit them to what overdraft actually costs the bank, or treat overdraft as a loan with standard credit disclosures. Because the repeal passed under the Congressional Review Act, the CFPB cannot issue a substantially similar rule without new authority from Congress.