119th Congress
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".
- Introduced
- In committee
- Passed House
- Passed Senate
- To President
- Became law
- Sponsor
- Andrew S. Clyde(R-GA)
- Introduced
- Feb 12, 2025
- Policy area
- Finance and Financial Sector
- Committees
- House Committee on Financial Services
- Official text
- Introduced in House · Congress.gov page
Cosponsors (1)
Added later (1)
- Pete Sessions (R-TX) · Sep 9, 2025
Summary
Summary by the Congressional Research Service· describes the “Introduced in House” version
This joint resolution nullifies the final rule issued by the Financial Crimes Enforcement Network (FinCEN) titled Anti-Money Laundering Regulations for Residential Real Estate Transfers and published on August 29, 2024. This rule requires persons involved in real estate closings and settlements to report to FinCEN any non-financed (i.e., cash) transfers of residential property to certain legal entities and trusts.
Roll-call votes
No recorded votes on this bill.
Actions
- Feb 12, 2025 · House
Referred to the House Committee on Financial Services. - Feb 12, 2025
Introduced in House