Bill · H.J.Res. 162· House(119-HJRES-162)
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 "Truth in Lending (Regulation Z); Consumer Protections for Home Sales Financed Under Contracts for Deed".
- Introduced
- 4/30/2026
- Last activity
- 4/30/2026 — Referred to the House Committee on Financial Services.
- Sponsored by
- Emanuel Cleaver
- Cosponsors
- None
- Introduced
- In Committee
What this bill would do
This joint resolution aims to express congressional disapproval of a rule submitted by the Bureau of Consumer Financial Protection. The rule in question involves the withdrawal of a previous rule regarding "Truth in Lending (Regulation Z); Consumer Protections for Home Sales Financed Under Contracts for Deed." If this resolution passes, the rule submitted by the Bureau shall have no force or effect.
Yes
Would business owners be better off under this?+4
The disapproval of the rule reduces regulatory requirements for businesses engaged in contract-for-deed home sales.
The opposite· 3 of 5
Does this give people more protection from unfair business practices?-5
The resolution disapproves a rule intended to provide consumer protections for home sales financed under contracts for deed, thereby removing those protections.
Would households on low incomes be better off under this?-3
The removal of consumer protections for contract-for-deed arrangements primarily affects lower-income buyers who rely on such financing methods.
Does this make housing cost less?-2
By nullifying protections for those using contracts for deed, the resolution may negatively impact the stability and affordability of home ownership for certain buyers.
Who it would affect, and how
Potential Positive Impacts for People
- The text does not provide specific details regarding the contents of the original consumer protection rule or the impacts of its withdrawal, so no specific positive outcomes for people can be identified from the provided text.
Potential Negative Impacts for People
- The text does not provide specific details regarding the contents of the original consumer protection rule or the impacts of its withdrawal, so no specific negative outcomes or burdens for people can be identified from the provided text.
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Hover a score for the reason it gave.
- Economy And Finance
- Improves Consumer Protection-5
- Social Issues And Justice
- Improves Affordable Housing-2
- Demographic And Interest Groups
- Good For Business Owners+4Good For Low Income Households-3Good For Urban Residents-2
- Governance And Ideology
- Increases Federal Power-1
- 4/30/2026
- Referred to the House Committee on Financial Services.
- Introduced in House
One bill Congress.gov lists as related to this one — companions in the other chamber, earlier versions, and bills this one absorbed or was folded into.