What is the current status of SJRES 130?

SJRES 130 is currently: In Senate.

Who sponsored SJRES 130?

SJRES 130 was sponsored by Chris Van Hollen (D), Sen.

Restores Overdraft Fee Consent Guidance for Banks

IntroducedMarch 18, 2026

In Senate5 months ago

Intro

Senate

House

Pres

The House voted against taking this up.

It stays where it is unless leadership tries again.

Finance and Financial SectorAdministrative law and regulatory proceduresBank accounts, deposits, capitalCongressional oversightConsumer Financial Protection BureauUser charges and fees

Why This Matters

This resolution would cancel the Consumer Financial Protection Bureau's May 2025 decision to withdraw its 2024 overdraft guidance, which brings that guidance back into effect. The guidance covers overdraft fees on ATM withdrawals and one-time debit card purchases.

If you were charged an overdraft fee for a debit card swipe or ATM withdrawal you never agreed to, federal guidance would again tell regulators your bank may be breaking the law if it cannot prove you opted in.

Who this affects

Debit card users · People charged overdraft fees · Banks and credit unions

What does this resolution do?

1The Consumer Financial Protection Bureau's September 2024 guidance said banks may break the law if they cannot prove a customer opted in before charging those overdraft fees.
2The guidance does not create a new legal requirement; it explains how the bureau reads the existing federal rule requiring opt-in consent for these fees.
3Under the Congressional Review Act, the bureau could not issue a substantially similar withdrawal again unless Congress later passes a law allowing it.

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