This legislation seeks to eliminate the use of disparate-impact liability in federal civil rights and housing laws. Its primary goal is to prevent individuals from bringing legal actions based on practices that are neutral on their face but may have a disproportionate effect on certain protected groups. The bill specifically amends Section 703 of the Civil Rights Act of 1964 to prohibit disparate-impact claims related to employment practices. It also modifies Section 807 of the Fair Housing Act to similarly ban claims alleging discriminatory housing practices based on disparate impact. In both contexts, disparate impact is defined as a practice that is facially neutral and not intentionally discriminatory, but which disproportionately affects protected classes. Furthermore, the Act nullifies specific Presidential approvals of regulations issued by the Equal Employment Opportunity Commission and the Department of Justice. These nullified regulations previously allowed for the consideration of disparate impact in certain applications of Title VII of the Civil Rights Act and Title VI with respect to federal assistance.