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- S.J.RES.47
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 of Consumer Financial Protection relating to "Arbitration Agreements".
About This Bill
- Introduced July 20, 2017
- Latest Major Action July 20, 2017
Bill Sponsor
Bill Cosponsors
32 (All Republicans)
Bill Version
- Introduced in Senate - July 20, 2017
Bill Summary
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...
(Source: Library of Congress)
What Lawmakers Are Saying About This Bill
Bill Actions
| Date | Description |
|---|---|
| July 20, 2017 |
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
|
| July 20, 2017 |
Introduced in the Senate by Michael D. Crapo (R-Idaho) |