Bills · 119th Congress · 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.

Where it stands

  1. Introduced2/4/25
  2. Passed SenatePassed 5/7/25
  3. HousePassed 5/20/25
  4. PresidentSigned 6/20/25
  5. LawPublic Law 119-19

Passed the Senate 52–47 on May 7, 2025 (Roll Call 237 →). Passed the House 220–207 on May 20, 2025 (Roll Call 137 →). Became Public Law 119-19 on June 20, 2025.

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Roll calls on this bill

Votes on passage
HouseOn Passage · 5/20/25PassageThe vote on whether this chamber approves the measure — usually by a simple majority of those voting. It becomes law only once both chambers pass the same text and the president signs it, or Congress overrides a veto.House: The Legislative Process ↗
Passed
  • Democratic1 Yea · 207 Nay · 5 Not voting
  • Republican219 Yea · 0 Nay · 1 Not voting
  • Independent / Other0 Yea · 0 Nay · 0 Not voting
SenateOn the Joint Resolution · 5/7/25Joint resolutionA vote to pass a joint resolution. Like a bill, it becomes law once both chambers pass it and the president signs it — except a proposed constitutional amendment, which needs two-thirds of each chamber and ratification by three-quarters of the states.Senate glossary: joint resolution ↗
Joint Resolution Passed
  • Democratic0 Yea · 45 Nay · 0 Not voting
  • Republican52 Yea · 0 Nay · 1 Not voting
  • Independent / Other0 Yea · 2 Nay · 0 Not voting
Official summary (CRS)

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.

Full text on congress.gov ↗
Sponsor
Sen. John Kennedy ( Republican · LA)
Cosponsors
5
Introduced
2/4/25
Policy area
Finance and Financial Sector

What happens next

Became Public Law 119-19.

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