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

USA119th CongressSJRES-15| Senate 
| Updated: 2/5/2025
Mike Lee

Mike Lee

Republican Senator

Utah

Banking, Housing, and Urban Affairs Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
This joint resolution seeks to nullify a specific final rule promulgated by the Financial Crimes Enforcement Network (FinCEN) . The rule, titled "Anti-Money Laundering Regulations for Residential Real Estate Transfers," was published in the Federal Register on August 29, 2024. The primary objective of this resolution is to prevent the aforementioned FinCEN rule from being implemented. Should this resolution be adopted by Congress, the anti-money laundering regulations concerning residential real estate transfers would be rendered without any legal force or effect.
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Timeline
Feb 5, 2025
Introduced in Senate
Feb 5, 2025
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
  • February 5, 2025
    Introduced in Senate


  • February 5, 2025
    Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Finance and Financial Sector

Related Bills

  • HJRES 119-55: 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".

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

USA119th CongressSJRES-15| Senate 
| Updated: 2/5/2025
This joint resolution seeks to nullify a specific final rule promulgated by the Financial Crimes Enforcement Network (FinCEN) . The rule, titled "Anti-Money Laundering Regulations for Residential Real Estate Transfers," was published in the Federal Register on August 29, 2024. The primary objective of this resolution is to prevent the aforementioned FinCEN rule from being implemented. Should this resolution be adopted by Congress, the anti-money laundering regulations concerning residential real estate transfers would be rendered without any legal force or effect.
View Full Text

Suggested Questions

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

Timeline
Feb 5, 2025
Introduced in Senate
Feb 5, 2025
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
  • February 5, 2025
    Introduced in Senate


  • February 5, 2025
    Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Mike Lee

Mike Lee

Republican Senator

Utah

Banking, Housing, and Urban Affairs Committee

Finance and Financial Sector

Related Bills

  • HJRES 119-55: 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".
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted