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US HJR51: Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Bureau of Consumer Financial Pro…

Introduced United States (Federal) · 2025–2026 session

Last verified Apr 30, 2026 · official bill text

HJR51 · where it stands

1 of 5 steps complete
  1. Introduced Complete
  2. Passed first chamber
  3. Passed both chambers
  4. Signed
  5. In effect
What do these statuses mean?
Introduced
Filed in the legislature; may be waiting for a committee hearing.
Passed a chamber
Approved by one or both chambers; awaiting further action.
Signed / enacted
Signed into law; it may or may not be in effect yet.
In effect
The effective date has passed.
Dead / vetoed
Vetoed, failed, or the session ended without action.
View full title

Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Bureau of Consumer Financial Protection relating to "Quality Control Standards for Automated Valuation Models".

In one paragraph

This bill seeks congressional disapproval of the Bureau of Consumer Financial Protection's rule on quality control standards for automated valuation models.

Plain-English summary, written with AI assistance. The official text controls.

What it means for business

If you use automated valuation models in real estate, you must comply with new quality control standards or face regulatory scrutiny.

What this means

HJR51 aims to disapprove a rule from the Bureau of Consumer Financial Protection concerning quality control standards for automated valuation models.

Key provisions

  1. Seeks congressional disapproval of the CFPB's rule on quality control standards for AVMs.
  2. Introduced under Chapter 8 of Title 5, U.S. Code.
  3. Does not specify compliance deadlines or penalties.

Compliance checklist

  • Monitor the status of HJR51 and its implications for AVM standards Who: Businesses using AVMs Penalty: Potential regulatory scrutiny if standards change.

Latest legislative action

Feb 12, 2025. Referred to the House Committee on Financial Services.

Full analysis

HJR51 is a joint resolution that seeks to disapprove a specific rule established by the Bureau of Consumer Financial Protection (CFPB) regarding quality control standards for automated valuation models (AVMs). The resolution is introduced under Chapter 8 of Title 5 of the United States Code, which outlines the process for congressional disapproval of agency rules. If passed, this resolution would effectively nullify the CFPB's rule. The bill does not specify compliance deadlines or penalties for non-compliance, as it is primarily focused on disapproving an existing rule rather than imposing new requirements. Businesses that rely on AVMs may need to stay informed about the status of this resolution and any subsequent regulatory changes that may arise from its passage or failure.

Sponsors

NameRoleDistrict
R Sponsor HD-GA-9

Topics and industries

Affected industries

Real EstateFinanceConsumer Protection

This page is general information, not legal advice. Summaries are AI-assisted and may contain errors; read the statute for the controlling text and talk to a lawyer about your situation. Full disclaimer · Report an error

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