Bill · H.J.Res. 52· House(119-HJRES-52)
Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Federal Housing Finance Agency relating to "Quality Control Standards for Automated Valuation Models".
- Introduced
- 2/12/2025
- Last activity
- 2/12/2025 — Referred to the House Committee on Financial Services.
- Sponsored by
- Andrew Clyde
- Cosponsors
- None
- Introduced
- In Committee
What this bill would do
This joint resolution seeks to overturn a specific rule from the Federal Housing Finance Agency. The rule in question relates to "Quality Control Standards for Automated Valuation Models." By passing this resolution, Congress would express its disapproval of that rule. If approved, the rule would have no force or effect.
Yes· 3 of 4
Would business owners be better off under this?+1
Business owners utilizing automated valuation models will be relieved of the specific quality control standards being overturned.
Does this make it easier to run a small business?+1
By nullifying federal quality control standards for automated valuation models, this resolution reduces regulatory burdens on businesses using these tools.
Does this leave more decisions to the states?+1
The resolution uses congressional oversight to limit the regulatory authority of a federal agency.
The opposite
No question was scored the opposite.
Who it would affect, and how
Potential Positive Impacts for People
- Nullification of the Rule: The resolution aims to ensure the rule submitted by the Federal Housing Finance Agency regarding "Quality Control Standards for Automated Valuation Models" has no force or effect. This would prevent the implementation of the standards described in the rule (Resolution text).
Potential Negative Impacts for People
- No Information Provided: The provided text does not contain specific details regarding the contents of the rule itself or the potential negative consequences of its disapproval.
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Hover a score for the reason it gave.
- Demographic And Interest Groups
- Good For Business Owners+1
- Economy And Finance
- Improves Small Business Support+1
- Governance And Ideology
- Increase States Rights+1
- Social Issues And Justice
- Improves Affordable Housing+1
- 2/12/2025
- Referred to the House Committee on Financial Services.
- Introduced in House