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Bill · 119th Congress · HR 736

Protect Small Businesses from Excessive Paperwork Act of 2025

Refreshed 3 h ago

Introduced 2025-01-24Topic: economy jobs

Summary

Summary by the Congressional Research Service

Protect Small Businesses from Excessive Paperwork Act of 2025 This bill extends the deadline for certain companies that are required to file beneficial ownership information with the Financial Crimes Enforcement Network (FinCEN). Specifically, the bill requires companies formed or registered before January 1, 2024, to submit this information to FinCEN by January 1, 2026, instead of by January 1, 2025, as required under current regulations.

Full text and official record on Congress.gov

Sponsors

Recorded votes

DateChamberQuestionResultYeasNays
2025-02-10House roll 37On Motion to Suspend the Rules and PassPassed4080

Action history

DateChamberActionStatus effect
2025-02-11SenateReceived in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.refer
2025-02-10HouseMotion to reconsider laid on the table Agreed to without objection.
2025-02-10HouseOn motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 408 - 0 (Roll no. 37). (text: CR H599)
2025-02-10Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 408 - 0 (Roll no. 37). (text: CR H599)floor pass
2025-02-10HouseConsidered as unfinished business. (consideration: CR H606)
2025-02-10HouseAt the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.
2025-02-10HouseDEBATE - The House proceeded with forty minutes of debate on H.R. 736.
2025-02-10HouseConsidered under suspension of the rules. (consideration: CR H599-601)
2025-02-10HouseMr. Hill (AR) moved to suspend the rules and pass the bill.
2025-01-24HouseReferred to the House Committee on Financial Services.refer
2025-01-24Introduced in Houseintroduce
2025-01-24Introduced in Houseintroduce
Source: GovInfo Bill Status (Library of Congress), fetched 2026-09-11. Provisions and opinion polling arrive in a later release.