Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Financial Crimes Enforcement Network relating to "Anti-Money Laundering Regulations for Residential Real Estate Transfers".

H.J. Res. 212 is a congressional disapproval resolution targeting a Financial Crimes Enforcement Network (FinCEN) rule published on August 29, 2024, that would have imposed anti-money laundering requirements on residential real estate transactions. The rule would have required real estate professionals and financial institutions to report certain transactions to prevent money laundering. This resolution, if passed, would block the rule from taking effect, meaning it would have no force or effect. It directly affects the residential real estate industry by preventing these new reporting obligations from being implemented.