Introduced:
Feb 5, 2025
Policy Area:
Finance and Financial Sector
Congress.gov:
Bill Statistics
2
Actions
0
Cosponsors
1
Summaries
1
Subjects
1
Text Versions
Yes
Full Text
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Latest Action
Feb 5, 2025
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Summaries (1)
Introduced in Senate
- Feb 5, 2025
00
<p>This joint resolution nullifies the final rule issued by the Financial Crimes Enforcement Network (FinCEN) titled <em>Anti-Money Laundering Regulations for Residential Real Estate Transfers </em>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.</p>
Actions (2)
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Type: IntroReferral
| Source: Senate
Feb 5, 2025
Introduced in Senate
Type: IntroReferral
| Source: Library of Congress
| Code: 10000
Feb 5, 2025
Subjects (1)
Finance and Financial Sector
(Policy Area)
Full Bill Text
Length: 1,272 characters
Version: Introduced in Senate
Version Date: Feb 5, 2025
Last Updated: Nov 14, 2025 6:12 AM
[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[S.J. Res. 15 Introduced in Senate
(IS) ]
<DOC>
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.
<all>
[From the U.S. Government Publishing Office]
[S.J. Res. 15 Introduced in Senate
(IS) ]
<DOC>
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.
<all>