Rep. Andrew S. Clyde

Maddy summaryHJRES 53 is a resolution to disapprove a Securities and Exchange Commission (SEC) rule that established new reporting requirements for mutual funds. The rule, published in the Federal Register on September 11, 2024, required funds to submit Form N-PORT and Form N-CEN (reporting detailed portfolio holdings and cash flow data) and provided guidance on liquidity risk management programs. If passed, this resolution would nullify the SEC rule, preventing it from taking effect and removing these specific reporting obligations. The bill directly affects the SEC and the mutual fund industry, which would no longer need to comply with the mandated forms and liquidity program guidance. This disapproval action follows the standard congressional review process under Title 5 of the U.S. Code.

Maddy summaryHJRES 58 is a procedural resolution requesting Congress reject a rule issued by the Centers for Medicare & Medicaid Services (CMS) for 2025. The rule would have set payment rates, quality reporting standards, and other policies for home health care services under Medicare, including updates for intravenous immune globulin (IVIG) treatments. This resolution, if passed, would block the CMS rule from taking effect, directly affecting home health care providers and Medicare beneficiaries who rely on these services. It does not create new policy but aims to prevent the implementation of the specific 2025 Medicare home health regulations.

Maddy summaryHJRES 46 is a congressional resolution seeking to block an Environmental Protection Agency (EPA) rule that would regulate two specific chemicals - Decabromodiphenyl Ether and Phenol, Isopropylated Phosphate (3:1) - under the Toxic Substances Control Act (TSCA). The resolution requests Congress disapprove the EPA’s rule (published in the Federal Register on November 19, 2024), which would have required new safety measures for these persistent, bioaccumulative, and toxic chemicals. If approved, this disapproval resolution would prevent the EPA rule from taking effect, halting its implementation. The bill directly affects the EPA’s regulatory authority over these chemicals and the industries producing or using them.

Maddy summaryHJRES 57 is a congressional resolution seeking to reject a specific rule issued by the Department of the Interior. It targets the rule titled "Oil and Gas and Sulfur Operations in the Outer Continental Shelf-High Pressure High Temperature Updates" (published in the Federal Register on August 30, 2024). If approved, this resolution would formally disapprove the rule under Chapter 8 of Title 5, U.S. Code, meaning the rule would have no legal effect. This action directly affects the regulatory framework governing oil and gas operations in high-pressure, high-temperature areas on the Outer Continental Shelf. The resolution is procedural and does not create new policy, but rather seeks to nullify an existing regulation.

Maddy summaryHJRES 56 is a congressional disapproval resolution targeting a Financial Crimes Enforcement Network (FinCEN) rule issued in September 2024. It seeks to block the rule’s implementation, which would have required registered and exempt investment advisers to file new suspicious activity reports under anti-money laundering and terrorism financing programs. The resolution uses the Congressional Review Act process (chapter 8 of title 5, U.S. Code) to nullify the rule, preventing it from taking effect. If passed, the rule would have no legal force, directly affecting investment advisers who would have faced new reporting obligations. This is a procedural measure, not a new law, aimed at reversing a specific regulatory requirement.

Maddy summaryHJRES 44 is a congressional resolution seeking to block an Environmental Protection Agency (EPA) rule titled "National Primary Drinking Water Regulations for Lead and Copper: Improvements (LCRI)" that was published in the Federal Register on October 30, 2024. The bill directs Congress to disapprove this specific EPA rule under a federal process outlined in Title 5, U.S. Code, which would prevent the rule from taking effect. If passed, the resolution would nullify the EPA's updated regulations aimed at improving lead and copper testing and treatment standards in public drinking water systems. This resolution directly affects the implementation of the EPA's proposed water quality standards and would halt the rule's enforcement.

Maddy summaryHJRES 45 is a congressional resolution seeking to block an Environmental Protection Agency (EPA) rule that revised standards for lead dust hazards in housing and post-removal clearance levels. It directly affects property owners, contractors performing lead abatement, and residents in older housing where lead dust risks are present. The bill uses a specific congressional disapproval process under federal law to declare the EPA's November 2024 rule (published in the Federal Register) invalid, preventing it from taking effect. This resolution does not change lead safety standards itself but stops the EPA from implementing the proposed rule.

Maddy summaryHJRES 47 is a congressional disapproval resolution targeting a rule issued by the Office of the Comptroller of the Currency (OCC). It seeks to block the OCC's "Quality Control Standards for Automated Valuation Models" rule (published in the Federal Register on August 7, 2024), which would have set requirements for accuracy and oversight of automated home valuation tools used by banks. If passed, this resolution would nullify the rule, preventing it from taking effect under the procedures outlined in Chapter 8 of Title 5 of the U.S. Code. The bill directly affects the OCC's regulatory authority over financial institutions' use of automated valuation models.

Maddy summaryThis resolution disapproves a National Credit Union Administration (NCUA) rule that would have required credit unions to follow quality control standards for computer-based systems used to estimate property values. The rule, published in the Federal Register in August 2024, aimed to regulate how credit unions use automated valuation models (AVMs) for real estate appraisals. By passing this resolution under the Congressional Review Act, Congress is blocking the rule from taking effect, meaning credit unions will not have to comply with these new requirements. The bill directly affects credit unions that use such valuation systems, preventing the implementation of the proposed standards.

Maddy summaryHJRES 52 is a procedural resolution seeking congressional disapproval of a Federal Housing Finance Agency (FHFA) rule establishing "Quality Control Standards for Automated Valuation Models" (AVMs). The bill targets the specific rule published in the Federal Register on August 7, 2024 (89 Fed. Reg. 64538), which set requirements for ensuring accuracy and reliability in software used to estimate property values. If enacted, this resolution would void the FHFA rule, preventing it from taking effect. The direct effect is on the FHFA's regulatory authority over mortgage-related valuation models used by lenders and government-backed entities like Fannie Mae and Freddie Mac.