Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Internal Revenue Service relating to "Required Minimum Distributions".

HJRES 206 is a joint resolution disapproving an Internal Revenue Service (IRS) rule about Required Minimum Distributions (RMDs) for retirement accounts. The rule, published on July 19, 2024, would have changed the requirements for mandatory withdrawals from retirement accounts after age 73. This resolution, if passed, would prevent the rule from taking effect, maintaining current RMD standards. It directly affects retirement account holders aged 73 and older who must follow these withdrawal rules.