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".

This measure would overturn a federal rule from the Financial Crimes Enforcement Network (FinCEN) about “Anti-Money Laundering Regulations for Residential Real Estate Transfers.” In plain terms, if this resolution becomes law, the new anti–money laundering rule for residential real estate would not go into effect.

Key points:

• What it does: Disapproves (cancels) the FinCEN rule on anti–money laundering for residential real estate transfers.
• Who could feel it: People involved in residential home sales and transfers (buyers, sellers, and related businesses).
• When it matters: Only if the resolution is enacted into law.