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US HJR48

Joint Resolution

Status

Introduced

2/12/2025

Primary Sponsor

Andrew Clyde

Click for details

Origin

House of Representatives

119th Congress

AI Summary

  • Congressional disapproval resolution under the Congressional Review Act targeting a Federal Reserve rule on "Quality Control Standards for Automated Valuation Models"
  • The targeted rule was published in the Federal Register on August 7, 2024 (89 Fed. Reg. 64538)
  • If enacted, the Federal Reserve rule would have no force or effect
  • Introduced February 12, 2025 by Rep. Clyde and referred to the House Committee on Financial Services

Legislative Description

Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Board of Governors of the Federal Reserve System relating to "Quality Control Standards for Automated Valuation Models".

Finance and financial sector

Last Action

Referred to the House Committee on Financial Services.

2/12/2025

Committee Referrals

Financial Services2/12/2025

Full Bill Text

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