Only the right has signed this so far (Bill Ranking)
H.J.Res. 47 · 119th Congress (2025-2026)
1 member · Left 0 · Center 0 · Right 1 (Bill Ranking)
| Sponsor | Rep. Clyde, Andrew S. (R-GA) (Introduced 02/12/2025) |
|---|---|
| Sponsor Voting Record | Right · DW-NOMINATE +0.82 · measured from every roll-call vote this member has cast (voteview.com) (Sponsor Ranking) |
| Support |
LLLCLRR support across the spectrum: 1 member signed on (Bill Ranking) this bill: sponsor + current cosponsors, each once |
| Committees | House - Financial Services Committee |
| Latest Action | 02/12/2025 Referred to the House Committee on Financial Services. |
| Roll Call Votes | There have been no roll call votes |
| Source | view on congress.gov → |
Introduced in House (02/12/2025)
This joint resolution nullifies the final rule issued by the Office of the Comptroller of the Currency, the Federal Reserve System, the Federal Deposit Insurance Corporation, the National Credit Union Administration, the Consumer Financial Protection Bureau, and the Federal Housing Finance Agency titled Quality Control Standards for Automated Valuation Models and published on August 7, 2024. The rule requires the implementation of quality control standards for automated valuation models used by mortgage originators and secondary market issuers when determining the value of real estate securing a mortgage.
119 HJ 47 IH: Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Office of the Comptroller of the Currency relating to “Quality Control Standards for Automated Valuation Models”. U.S. House of Representatives 2025-02-12 text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. IA119th CONGRESS1st SessionH. J. RES. 47IN THE HOUSE OF REPRESENTATIVESFebruary 12, 2025Mr. Clyde submitted the following joint resolution; which was referred to the Committee on Financial ServicesJOINT RESOLUTIONProviding for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Office of the Comptroller of the Currency relating to Quality Control Standards for Automated Valuation Models.That Congress disapproves the rule submitted by the Office of the Comptroller of the Currency relating to Quality Control Standards for Automated Valuation Models (89 Fed. Reg. 64538 (August 7, 2024)), and such rule shall have no force or effect.
The bill's own words, from our database (synced from the GPO BILLS XML); paragraph breaks added at the bill's section boundaries, nothing else changed.
| Date | Chamber | All Actions |
|---|---|---|
| 02/12/2025 | Library of Congress | Introduced in House |
| 02/12/2025 | Library of Congress | Introduced in House |
| 02/12/2025 | House floor actions | Referred to the House Committee on Financial Services. |
| Title Type | Title |
|---|---|
| Official Title as Introduced | Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Office of the Comptroller of the Currency relating to "Quality Control Standards for Automated Valuation Models". |
| Display Title | Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Office of the Comptroller of the Currency relating to "Quality Control Standards for Automated Valuation Models". |
There are no amendments to this bill.
There are no cosponsors of this bill.
| Committee | Activity |
|---|---|
| House - Financial Services Committee | 02/12/2025 Referred To |
No related bill information was received for H.J.Res. 47.
Policy Area: Finance and Financial Sector
No legislative subjects have been assigned yet.
All data on this page comes from our own database (legislation.congress_* tables), synced daily from the GPO govinfo BILLSTATUS and BILLS collections. Formatted after congress.gov; nothing is generated. Member placement is their DW-NOMINATE score (voteview.com, Lewis et al.) - a measurement of roll-call voting behavior, not our judgement. Buckets: Left below −0.50 · Lean Left to −0.25 · Center to +0.25 · Lean Right to +0.50 · Right above +0.50. The bill's Support meter aggregates the people who signed the bill - sponsor and current cosponsors, each counted once - nothing else.