SJRES 28
· 119th Congress
· Finance and Financial Sector
A joint resolution disapproving the rule submitted by the Bureau of Consumer Financial Protection relating to "Defining Larger Participants of a Market for General-Use Digital Consumer Payment Applications".
Sponsor
Latest action
Became Public Law No: 119-11.
Action timeline
Every recorded action on this bill, newest first. Stage badges color-code the legislative path.
May 09, 2025
signed
Signed by President.
May 09, 2025
signed
Became Public Law No: 119-11.
May 05, 2025
sent
Presented to President.
Apr 09, 2025
floor
Considered under the provisions of rule H. Res. 294. (consideration: CR H1514-1519)
Apr 09, 2025
floor
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 for one hour of debate on each measure and one motion to recommit on H.R. 22 and H.R. 1526, and one motion to commit on S.J. Res. 18 and S.J. Res. 28.
Apr 09, 2025
floor
DEBATE - The House proceeded with one hour of debate on S.J. Res. 28.
Apr 09, 2025
floor
The previous question was ordered pursuant to the rule.
Apr 09, 2025
floor
POSTPONED PROCEEDINGS - At the conclusion of debate on S.J. Res. 28, 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 nays and the Chair postponed further proceedings until a time to be announced.
Apr 09, 2025
floor
Considered as unfinished business. (consideration: CR H1532-1533)
Apr 09, 2025
passed
Passed/agreed to in House: On passage Passed by the Yeas and Nays: 219 - 211 (Roll no. 95). (text: CR H1514: 2)
Apr 09, 2025
passed
On passage Passed by the Yeas and Nays: 219 - 211 (Roll no. 95). (text: CR H1514)
Apr 09, 2025
passed
Motion to reconsider laid on the table Agreed to without objection.
Apr 07, 2025
committee
Rules Committee Resolution H. Res. 294 Reported to House. 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 for one hour of debate on each measure and one motion to recommit on H.R. 22 and H.R. 1526, and one motion to commit on S.J. Res. 18 and S.J. Res. 28.
Apr 01, 2025
committee
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 S.J. Res. 28 under a closed rule. The resolution provides for one hour of debate on each measure and one motion to recommit on H.R. 22 and H.R. 1526, and one motion to commit on S.J. Res. 18 and S.J. Res. 28. The resolution also provides that H. Res. 23 and H. Res. 164 are laid on the table.
Apr 01, 2025
floor
Rule H. Res. 282 failed passage of House.
Mar 10, 2025
floor
Received in the House
Mar 10, 2025
floor
Held at the Desk
Mar 06, 2025
floor
Message on Senate action sent to the House.
Mar 05, 2025
floor
Considered by Senate. (consideration: CR S1503, S1510-1511, S1520-1521)
Mar 05, 2025
passed
Passed/agreed to in Senate: Passed Senate without amendment by Yea-Nay Vote. 51 - 47. Record Vote Number: 106.
Mar 05, 2025
passed
Passed Senate without amendment by Yea-Nay Vote. 51 - 47. Record Vote Number: 106.
Mar 04, 2025
committee
Senate Committee on Banking, Housing, and Urban Affairs discharged, by petition, pursuant to 5 U.S.C. 802(c).
Banking, Housing, and Urban Affairs Committee
Mar 04, 2025
other
Placed on Senate Legislative Calendar under General Orders. Calendar No. 20.
Mar 04, 2025
passed
Motion to proceed to consideration of measure agreed to in Senate by Yea-Nay Vote. 50 - 47. Record Vote Number: 103. (CR S1489)
Mar 04, 2025
floor
Measure laid before Senate by motion. (consideration: CR S1489)
Feb 27, 2025
introduced
Introduced in Senate
Feb 27, 2025
introduced
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Banking, Housing, and Urban Affairs Committee
Text versions
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CRS summaries
Plain-English summaries written by the Congressional Research Service — neutral, nonpartisan staff who summarize bills as they advance through stages. The authoritative description of what each version of the bill does.
49
Public Law
May 09, 2025
This joint resolution nullifies the final rule issued by the Consumer Financial Protection Bureau (CFPB) titled Defining Larger Participants of a Market for General-Use Digital Consumer Payment Applications and published on December 10, 2024. The rule defines larger participants in the general-use digital consumer payment application market (i.e., payment apps) that are subject to CFPB supervisory authority. The rule defines larger participants in this market as nonbanks (1) with an annual volume of at least 50 million transactions, and (2) that are not small business concerns.
Show 1 earlier CRS summary
00
Introduced in Senate
Feb 27, 2025
This joint resolution nullifies the final rule issued by the Consumer Financial Protection Bureau (CFPB) titled Defining Larger Participants of a Market for General-Use Digital Consumer Payment Applications and published on December 10, 2024. The rule defines larger participants in the general-use digital consumer payment application market (i.e., payment apps) that are subject to CFPB supervisory authority. The rule defines larger participants in this market as nonbanks (1) with an annual volume of at least 50 million transactions, and (2) that are not small business concerns.
via Congressional Research Service · published through congress.gov
Changelog
ⓘ
How a bill moves through Congress. Each stage produces a new official text. The diff between them shows what changed at that step.
ih / is — Introduced in House / Senate. First filed version.rfh / rfs — Referred to a committee for review.rh / rs — Reported back by the committee to the floor (often with amendments — this is where most language changes happen).pcs / pch — Placed on Calendar for floor consideration.eh / es — Engrossed. Passed by the originating chamber. Text is now what was actually voted on.rdh / rds — Received by the other chamber.eah / eas — Engrossed Amendment. The other chamber passed an amended version.ath / ats — Agreed to. Both chambers settled on the same text.enr — Enrolled. Final reconciled text, sent to the President.pl — Public Law. Signed by the President. It's now law.pp — Public Print. Official printing post-enactment.
Most bills die before eh/es. Going from pcs → enr is the full path through both chambers.
ⓘ
How a bill moves through Congress. Each stage produces a new official text. The diff between them shows what changed at that step.
ih/is— Introduced in House / Senate. First filed version.rfh/rfs— Referred to a committee for review.rh/rs— Reported back by the committee to the floor (often with amendments — this is where most language changes happen).pcs/pch— Placed on Calendar for floor consideration.eh/es— Engrossed. Passed by the originating chamber. Text is now what was actually voted on.rdh/rds— Received by the other chamber.eah/eas— Engrossed Amendment. The other chamber passed an amended version.ath/ats— Agreed to. Both chambers settled on the same text.enr— Enrolled. Final reconciled text, sent to the President.pl— Public Law. Signed by the President. It's now law.pp— Public Print. Official printing post-enactment.
Most bills die before eh/es. Going from pcs → enr is the full path through both chambers.
Line-level diff between text versions of this bill — what actually changed at each legislative stage.
+12
−46
15 unchanged
Generating AI summary
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--- Placed on Calendar (Senate)
+++ Enrolled
@@ -1,36 +1,20 @@
[From the U.S. Government Publishing Office]
-[S.J. Res. 28 Placed on Calendar Senate (PCS)]
+[S.J. Res. 28 Enrolled Bill (ENR)]
-<DOC>
+S.J.Res.28
-Calendar No. 20
-119th CONGRESS
-1st Session
-S. J. RES. 28
+One Hundred Nineteenth Congress
-Disapproving the rule submitted by the Bureau of Consumer Financial
-Protection relating to ``Defining Larger Participants of a Market for
-General-Use Digital Consumer Payment Applications''.
+of the
-_______________________________________________________________________
+United States of America
-IN THE SENATE OF THE UNITED STATES
+AT THE FIRST SESSION
-February 27, 2025
+Begun and held at the City of Washington on Friday,
+the third day of January, two thousand and twenty five
-Mr. Ricketts (for himself, Mr. Budd, Mr. Banks, Mr. Hagerty, Mrs.
-Fischer, and Mr. Scott of South Carolina) introduced the following
-joint resolution; which was read twice and referred to the Committee on
-Banking, Housing, and Urban Affairs
-
-March 4, 2025
-
-Committee discharged, by petition, pursuant to 5 U.S.C. 802(c), and
-placed on the calendar
-
-_______________________________________________________________________
-
-JOINT RESOLUTION
+Joint Resolution
Disapproving the rule submitted by the Bureau of Consumer Financial
Protection relating to ``Defining Larger Participants of a Market for
@@ -43,25 +27,7 @@
Digital Consumer Payment Applications'' (89 Fed. Reg. 99582 (December
10, 2024)), and such rule shall have no force or effect.
-Calendar No. 20
+Speaker of the House of Representatives.
-119th CONGRESS
-
-1st Session
-
-S. J. RES. 28
-
-_______________________________________________________________________
-
-JOINT RESOLUTION
-
-Disapproving the rule submitted by the Bureau of Consumer Financial
-Protection relating to ``Defining Larger Participants of a Market for
-General-Use Digital Consumer Payment Applications''.
-
-_______________________________________________________________________
-
-March 4, 2025
-
-Committee discharged, by petition, pursuant to 5 U.S.C. 802(c), and
-placed on the calendar
+Vice President of the United States and
+President of the Senate.
Lobbying activity
Organizations whose LDA filings reference this bill, ranked by filing count. Position not disclosed — LDA does not require lobbyists to report support / oppose / monitor. Bill-number references can be stale (lobbyists sometimes copy text year-over-year), so verify against the filing description.
5
filings · 2026 Q3
APPLE INC
BAN
3
filings · 2025 Q2
3
filings · 2025 Q3
2
filings · 2025 Q2
1
filings · 2025 Q1
1
filings · 2025 Q1
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Cosponsors (5)
Members who signed on to support this bill.