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