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Bill · 119th Congress · HR 425
Repealing Big Brother Overreach Act
Refreshed 2 h ago
Introduced 2025-01-15Topic: governance ethics · economy jobs · technology privacySummary
Summary by the Congressional Research ServiceRepealing Big Brother Overreach Act This bill repeals the Corporate Transparency Act. The act requires existing companies and newly created companies to report beneficial ownership information to the Department of the Treasury’s Financial Crimes Enforcement Network for purposes of addressing the financing of terrorism and money laundering.
Sponsors
- Warren Davidson Republican sponsor
- 189 cosponsors
Action history
| Date | Chamber | Action | Status effect |
|---|---|---|---|
| 2026-06-18 | House | Placed on the Union Calendar, Calendar No. 609. | |
| 2026-06-18 | House | Reported (Amended) by the Committee on Financial Services. H. Rept. 119-701. | report |
| 2026-06-18 | Reported (Amended) by the Committee on Financial Services. H. Rept. 119-701. | report | |
| 2026-04-21 | House | Ordered to be Reported by the Yeas and Nays: 26 - 25. | refer |
| 2026-04-21 | House | Committee Consideration and Mark-up Session Held | refer |
| 2025-01-15 | House | Referred to the House Committee on Financial Services. | refer |
| 2025-01-15 | Introduced in House | introduce | |
| 2025-01-15 | Introduced in House | introduce |