Bills · SJRES 125
REPORTED· 119TH CONGRESS
Senate Joint Res.SJRES 125Debt collectionConsumer Financial Protection Bureau
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 "Debt Collection Practices (Regulation F); Pay-to-Pay Fees".
INTRO MAR 17· LAST ACTION MAY 13
READING
2MIN
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- Introduced only
LEGISLATIVE PROGRESS
STEP 3 / 8Introduced
In Committee
Reported
Passed Senate
Passed House
Conference
To President
Became Law
WHAT THE BILL DOES
AI-writtenThis bill matters because it impacts how much consumers might pay when settling their debts. If the bill passes, it means that debt collectors would continue to face restrictions on charging extra fees just for processing a payment, such as paying online or over the phone. This could save consumers money and make it easier for them to repay debts without incurring additional, potentially unexpected, costs.
If this bill does not pass, the BCFP's withdrawal rule would take effect. This would likely remove the previous limits on "pay-to-pay fees," potentially allowing debt collectors to charge these fees more freely, which could increase the total cost for individuals paying back their debts.
KEY PROVISIONS
2AI-extractedPROVISION 01
Congress disapproves the rule submitted by the Bureau of Consumer Financial Protection (BCFP) that withdraws the original rule on "Debt Collection Practices (Regulation F); Pay-to-Pay Fees."
This directly nullifies the BCFP's attempt to remove regulations on certain fees charged by debt collectors.
PROVISION 02
The BCFP's rule to withdraw the original regulation "shall have no force or effect."
This ensures that the BCFP's withdrawal action is legally void, effectively keeping the original protections in place.
SPONSORSHIP
1 + 0
D· Maryland
YRS IN OFFICE
1
BILLS LED
38
ACTION TIMELINE
12 EVENTSMAY 13
Motion to proceed to consideration of measure rejected in Senate by Voice Vote. (consideration: CR S2269)
APR 29
Star Print ordered on the reported joint resolution.
APR 27
Senate Committee on Banking, Housing, and Urban Affairs discharged, by petition, pursuant to 5 U.S.C. 802(c).
APR 27
Placed on Senate Legislative Calendar under General Orders. Calendar No. 381.
BILL INFO
TypeSenate Joint Resolution
NumberSJRES 125
Congress119th
StatusReported
IntroducedMar 17, 2026
Last actionMay 13, 2026
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REPORTED· 119TH CONGRESS · BANKING, HOUSING, AND URBAN AFFAIRS COMMITTEE · INTRODUCED MAR 17, 2026
Senate Joint Res.SJRES 125Debt collectionConsumer Financial Protection Bureau
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 "Debt Collection Practices (Regulation F); Pay-to-Pay Fees".
INTRODUCED MAR 17, 2026· LAST ACTION MAY 13, 2026
PASSAGE CHANCES
—%
READING
2 min
COSPONSORS
0
COMPLEXITY
Moderate
