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

House Votes

This resolution seeks to block a federal rule from the Federal Deposit Insurance Corporation (FDIC). The rule is about “Quality Control Standards for Automated Valuation Models.” In plain terms, Congress would be saying “no” to that rule so it cannot move forward .

If passed, the FDIC’s rule on automated valuation models would not take effect. The resolution does not set new standards itself; it only disapproves the FDIC’s rule on this topic .

• What it targets: The FDIC’s rule called “Quality Control Standards for Automated Valuation Models”
• What it does: Uses congressional disapproval to block that rule from taking effect
• When it matters: If enacted, the disapproval would apply upon passage