Nullifies the final rule issued by the Financial Crimes Enforcement Network (FinCEN) titled Anti-Money Laundering Regulations for…
H.J.Res. 55119th Congress

Nullifies the final rule issued by the Financial Crimes Enforcement Network (FinCEN) titled Anti-Money Laundering Regulations for…

Introduced in the HouseRep. Andrew Clyde (R-GA-9)1 section · 1 min read
Version: Introduced in House · Feb 12, 2025

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[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [H.J. Res. 55 Introduced in House (IH)]

119th CONGRESS 1st Session H. J. RES. 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".

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IN THE HOUSE OF REPRESENTATIVES

February 12, 2025

Mr. Clyde submitted the following joint resolution; which was referred to the Committee on Financial Services

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JOINT RESOLUTION

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".

Resolved by the Senate and House of Representatives of the United States of America in Congress assembled, That Congress disapproves the rule submitted by the Financial Crimes Enforcement Network relating to "Anti-Money Laundering Regulations for Residential Real Estate Transfers" (89 Fed. Reg. 70258 (August 29, 2024)), and such rule shall have no force or effect.

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