Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the National Credit Union Administration relating to "Quality Control Standards for Automated Valuation Models".

This 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.