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S.J.Res. 28Became law

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".

Introduced: Feb 27, 2025

Latest action date: May 9, 2025

Latest development

Became Public Law No: 119-11.

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Congress
119th Congress
Introduced
Feb 27, 2025
Recorded roll calls
3

Status detail: Congress.gov records that the measure became law.

Plain-language overview

What this bill does

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.

Official summary from Congress.gov.

Civixly topics

What this legislation is about

Civixly topics make federal and state legislation comparable. They are derived from the official CRS policy area and legislative subjects.

Official CRS policy area

Finance and Financial Sector

View 5 official legislative subjects
Administrative law and regulatory proceduresCongressional oversightConsumer affairsConsumer Financial Protection BureauInternet, web applications, social media

Committee activity

Committees and subcommittees that received, reviewed, marked up, or reported this legislation.

Amendments

Proposed changes to this measure, with their latest official outcome or action from Congress.gov.

No amendments are listed for this measure.

Checked against Congress.gov Oct 26, 2026.

Action timeline

Newest action first. Action language comes from the official Congress.gov record.

View full action timeline31 actions
  1. Became Public Law No: 119-11.

    BecameLawLibrary of Congress
  2. Signed by President.

    BecameLawLibrary of Congress
  3. Signed by President.

    PresidentLibrary of Congress
  4. Became Public Law No: 119-11.

    PresidentLibrary of Congress
  5. Presented to President.

    FloorHouse floor actions
  6. Presented to President.

    PresidentLibrary of Congress
  7. Motion to reconsider laid on the table Agreed to without objection.

    FloorHouse floor actions
  8. Passed/agreed to in House: On passage Passed by the Yeas and Nays: 219 - 211 (Roll no. 95). (text: CR H1514: 2)

    FloorLibrary of Congress
  9. On passage Passed by the Yeas and Nays: 219 - 211 (Roll no. 95). (text: CR H1514)

    FloorHouse floor actions
  10. Considered as unfinished business. (consideration: CR H1532-1533)

    FloorHouse floor actions
  11. 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.

    FloorHouse floor actions
  12. The previous question was ordered pursuant to the rule.

    FloorHouse floor actions
  13. DEBATE - The House proceeded with one hour of debate on S.J. Res. 28.

    FloorHouse floor actions
  14. 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.

    FloorHouse floor actions
  15. Considered under the provisions of rule H. Res. 294. (consideration: CR H1514-1519)

    FloorHouse floor actions
  16. 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.

    FloorHouse floor actions
  17. Rule H. Res. 282 failed passage of House.

    FloorHouse floor actions
  18. 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.

    FloorHouse floor actions
  19. Held at the Desk

    FloorHouse floor actions
  20. Received in the House

    FloorHouse floor actions
  21. Message on Senate action sent to the House.

    FloorSenate
  22. Considered by Senate. (consideration: CR S1503, S1510-1511, S1520-1521)

    FloorSenate
  23. Passed Senate without amendment by Yea-Nay Vote. 51 - 47. Record Vote Number: 106.

    FloorSenate
  24. Passed/agreed to in Senate: Passed Senate without amendment by Yea-Nay Vote. 51 - 47. Record Vote Number: 106.

    FloorLibrary of Congress
  25. Motion to proceed to consideration of measure agreed to in Senate by Yea-Nay Vote. 50 - 47. Record Vote Number: 103. (CR S1489)

    FloorSenate
  26. Senate Committee on Banking, Housing, and Urban Affairs discharged, by petition, pursuant to 5 U.S.C. 802(c).

    DischargeSenate
  27. Measure laid before Senate by motion. (consideration: CR S1489)

    FloorSenate
  28. Placed on Senate Legislative Calendar under General Orders. Calendar No. 20.

    CalendarsSenate
  29. Senate Committee on Banking, Housing, and Urban Affairs discharged, by petition, pursuant to 5 U.S.C. 802(c).

    CommitteeLibrary of Congress
  30. Introduced in Senate

    IntroReferralLibrary of Congress
  31. Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

    IntroReferralSenate

Roll-call votes

Recorded House and Senate votes connected to this bill. Your representatives appear first when available.

PassedApr 9, 2025House · Roll call 95

On Passage

219 Yea211 Nay3 Not Voting
View 433 recorded positions
David ScottNay
Donald NorcrossNot Voting
Doug LaMalfaYea
Eric SwalwellNay
Gerald E. ConnollyNay
Lloyd SmuckerNot Voting
Marjorie Taylor GreeneYea
Mark E. GreenYea
Mikie SherrillNay
Sheila Cherfilus-McCormickNay
Tony GonzalesYea
Joint Resolution Passed (51-47)Mar 5, 2025Senate · Roll call 106

On the Joint Resolution S.J.Res. 28

47 Nay51 Yea2 Not Voting
View 100 recorded positions
Mark KellyNot Voting
Motion to Proceed Agreed to (50-47)Mar 4, 2025Senate · Roll call 103

On the Motion to Proceed S.J.Res. 28

47 Nay50 Yea3 Not Voting
View 100 recorded positions
Elissa SlotkinNot Voting

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Sources: Congress.gov and official House and Senate vote records.

View data freshness details

Base metadata check pending · Civixly summary check pending · Action timeline checked Oct 26, 2026 · Complete sponsorship check pending · Topics checked Oct 26, 2026 · Committees checked Oct 26, 2026 · Status checked Oct 26, 2026 · Related bills checked Oct 26, 2026.