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Banking, Housing, and Urban Affairs Committee
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S.J.Res. 15In committee
A joint resolution disapproving the rule submitted by the Financial Crimes Enforcement Network relating to "Anti-Money Laundering Regulations for Residential Real Estate Transfers".
Introduced: Feb 5, 2025
Latest action date: Feb 5, 2025
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In committee
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Introduced
Feb 5, 2025
Latest action
Feb 5, 2025
Recorded roll calls
0
Civixly topics
What this legislation is about
Civixly topics make federal and state legislation comparable. They are derived from the official CRS policy area and legislative subjects.
Official CRS policy area
Finance and Financial Sector
Bill Summary
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.
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Official committee record ↗
Amendments
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No amendments are listed for this measure.
Checked against Congress.gov Sep 13, 2026.
Action timeline
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View full action timeline2 actions
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
IntroReferralSenateIntroduced in Senate
IntroReferralLibrary of Congress
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