119th CONGRESS
1st Session
S. J. RES. 15


Disapproving the rule submitted by the Financial Crimes Enforcement Network relating to “Anti-Money Laundering Regulations for Residential Real Estate Transfers”.


IN THE SENATE OF THE UNITED STATES

February 5, 2025

Mr. Lee introduced the following joint resolution; which was read twice and referred to the Committee on Banking, Housing, and Urban Affairs


JOINT RESOLUTION

Disapproving 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 final 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.