Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Federal Deposit Insurance Corporation relating to "Quality Control Standards for Automated Valuation Models".

This joint resolution seeks to exercise congressional authority under the Congressional Review Act to nullify a specific rule. It targets the rule submitted by the Federal Deposit Insurance Corporation (FDIC) concerning "Quality Control Standards for Automated Valuation Models," which was published in the Federal Register on August 7, 2024. If passed by both chambers of Congress and signed into law, this resolution would officially disapprove the FDIC's rule, rendering it without any legal force or effect. The intent is to prevent the implementation of these quality control standards for automated valuation models as established by the FDIC.