Us Congress 2025-2026 Regular Session

Us Congress House Bill HB425

Introduced
1/15/25  

Caption

Repealing Big Brother Overreach ActThis 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.

Congress_id

119-HR-425

Policy_area

Finance and Financial Sector

Introduced_date

2025-01-15

Companion Bills

US SB100

Identical bill Repealing Big Brother Overreach ActThis 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.

Similar Bills

No similar bills found.