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Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Financial Crimes Enforcement Network relating to "Anti-Money Laundering Regulations for Residential Real Estate Transfers".

USA119th CongressHJRES-55| House 
| Updated: 2/12/2025
Andrew S. Clyde

Andrew S. Clyde

Republican Representative

Georgia

Cosponsors (1)
Pete Sessions (Republican)

Financial Services Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
This joint resolution proposes to exercise congressional disapproval, under chapter 8 of title 5, United States Code, of a specific rule. The rule in question was submitted by the Financial Crimes Enforcement Network (FinCEN) and establishes new anti-money laundering regulations for residential real estate transfers . By passing this resolution, Congress aims to prevent the FinCEN rule, published in the Federal Register on August 29, 2024, from having any legal force or effect. This action would effectively nullify the proposed requirements for enhanced scrutiny of residential real estate transactions to combat money laundering.
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Bill from Previous Congress

HJRES 118-212
Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Financial Crimes Enforcement Network relating to "Anti-Money Laundering Regulations for Residential Real Estate Transfers".
Feb 12, 2025
Introduced in House
Feb 12, 2025
Referred to the House Committee on Financial Services.
  • Bill from Previous Congress

    HJRES 118-212
    Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Financial Crimes Enforcement Network relating to "Anti-Money Laundering Regulations for Residential Real Estate Transfers".


  • February 12, 2025
    Introduced in House


  • February 12, 2025
    Referred to the House Committee on Financial Services.

Finance and Financial Sector

Related Bills

  • SJRES 119-15: A joint resolution disapproving the rule submitted by the Financial Crimes Enforcement Network relating to "Anti-Money Laundering Regulations for Residential Real Estate Transfers".

Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Financial Crimes Enforcement Network relating to "Anti-Money Laundering Regulations for Residential Real Estate Transfers".

USA119th CongressHJRES-55| House 
| Updated: 2/12/2025
This joint resolution proposes to exercise congressional disapproval, under chapter 8 of title 5, United States Code, of a specific rule. The rule in question was submitted by the Financial Crimes Enforcement Network (FinCEN) and establishes new anti-money laundering regulations for residential real estate transfers . By passing this resolution, Congress aims to prevent the FinCEN rule, published in the Federal Register on August 29, 2024, from having any legal force or effect. This action would effectively nullify the proposed requirements for enhanced scrutiny of residential real estate transactions to combat money laundering.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline

Bill from Previous Congress

HJRES 118-212
Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Financial Crimes Enforcement Network relating to "Anti-Money Laundering Regulations for Residential Real Estate Transfers".
Feb 12, 2025
Introduced in House
Feb 12, 2025
Referred to the House Committee on Financial Services.
  • Bill from Previous Congress

    HJRES 118-212
    Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Financial Crimes Enforcement Network relating to "Anti-Money Laundering Regulations for Residential Real Estate Transfers".


  • February 12, 2025
    Introduced in House


  • February 12, 2025
    Referred to the House Committee on Financial Services.
Andrew S. Clyde

Andrew S. Clyde

Republican Representative

Georgia

Cosponsors (1)
Pete Sessions (Republican)

Financial Services Committee

Finance and Financial Sector

Related Bills

  • SJRES 119-15: A joint resolution disapproving the rule submitted by the Financial Crimes Enforcement Network relating to "Anti-Money Laundering Regulations for Residential Real Estate Transfers".
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted