H. J. RES. 212 is a joint resolution introduced in the House of Representatives. It seeks to disapprove a rule established by the Financial Crimes Enforcement Network that deals with anti-money laundering regulations specifically related to residential real estate transfers....
Simple Explanation
H. J. RES. 212 is like a big decision in a house meeting where they talk about stopping a rule that tells people how to safely buy houses so no bad guys can hide their money; if they agree, that rule will go away.