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A joint resolution providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Bureau of Consumer Financial Protection relating to the withdrawal of the rule relating to "Fair Debt Collection Practices Act (Regulation F); Time-Barred Debt".
S. J. RES. 126 Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Bureau of Consumer Financial Protection relating to the withdrawal of the rule relating to ``Fair Debt Collection Practices Act (Regulation F); Time-Barred Debt''.
Summary
This joint resolution provides for congressional disapproval of a rule submitted by the Bureau of Consumer Financial Protection related to the withdrawal of a previous regulation on time-barred debt under the Fair Debt Collection Practices Act. The resolution invokes the Congressional Review Act, which allows Congress to disapprove of federal agency regulations. If approved, the joint resolution would prevent the Bureau's withdrawal rule from taking effect, meaning the original regulation on time-barred debt would remain in force. The joint resolution was introduced in March 2026, referred to the Banking Committee, and subsequently discharged by petition in April 2026. Joint resolutions of disapproval must pass both chambers of Congress and, unless vetoed by the President, become law.
AI-generated plain-language summary of the bill text — neutral, and may be imperfect. See the full text below for the exact wording.
Sponsor (1)
- Sen. Kim, Andy [D-NJ] (D-NJ)
Money behind the sponsor
Top reported contributors to Andy Kim’s campaign committee (2024 cycle) — who funds the bill’s sponsor, not a claim about this bill. Data from FEC.
- NULL $105,967
- PRINCETON UNIVERSITY $64,008
- CENTERVIEW PARTNERS $46,200
- GOOGLE $37,045
- CENTERVIEW $24,600
Organizations whose employees gave the most — itemized individual contributions grouped by the donor’s reported employer (FEC Schedule A). Full finance for Andy Kim → · Outside spending →
Actions (5)
- May 13, 2026 Motion to proceed to consideration of measure rejected in Senate by Voice Vote. (consideration: CR S2269) · senate
- Apr 27, 2026 Placed on Senate Legislative Calendar under General Orders. Calendar No. 382. · senate
- Apr 27, 2026 Senate Committee on Banking, Housing, and Urban Affairs discharged, by petition, pursuant to 5 U.S.C. 802(c). · senate
- Mar 17, 2026 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. · senate
- Mar 17, 2026 Introduced in Senate
Similar bills (6)
Bills with similar text or summary — includes reintroductions across Congresses. Ranked by semantic similarity of the bill text (computed locally); a neutral discovery aid, not a claim the bills are duplicates.
Full text
IN THE SENATE OF THE UNITED STATES
March 17, 2026
Mr. Kim introduced the following joint resolution; which was read twice and referred to the Committee on Banking, Housing, and Urban Affairs
April 27, 2026
Committee discharged, by petition, pursuant to 5 U.S.C. 802(c), and placed on the calendar
JOINT RESOLUTION
Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Bureau of Consumer Financial Protection relating to the withdrawal of the rule relating to “Fair Debt Collection Practices Act (Regulation F); Time-Barred Debt”.
Resolved by the Senate and House of Representatives of the United States of America in Congress assembled, That Congress disapproves the rule submitted by the Bureau of Consumer Financial Protection relating to the withdrawal of the rule relating to “Fair Debt Collection Practices Act (Regulation F); Time-Barred Debt (88 Fed. Reg. 26475 (May 1, 2023))” (90 Fed. Reg. 20084 (May 12, 2025)), and such rule shall have no force or effect.
Calendar No. 382
119th CONGRESS
2d Session
S. J. RES. 126
JOINT RESOLUTION
Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Bureau of Consumer Financial Protection relating to the withdrawal of the rule relating to “Fair Debt Collection Practices Act (Regulation F); Time-Barred Debt”.
April 27, 2026
Committee discharged, by petition, pursuant to 5 U.S.C. 802(c), and placed on the calendar
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