Us Congress 2025-2026 Regular Session

Us Congress House Bill HB736 Latest Draft

Bill / Engrossed Version Filed 02/11/2025

                            119THCONGRESS 
1
STSESSION H. R. 736 
AN ACT 
To amend title 31, United States Code, to modify the dead-
line for filing beneficial ownership information reports 
for reporting companies formed or registered before Jan-
uary 1, 2024. 
Be it enacted by the Senate and House of Representa-1
tives of the United States of America in Congress assembled, 2 2 
•HR 736 EH
SECTION 1. SHORT TITLE. 1
This Act may be cited as the ‘‘Protect Small Busi-2
nesses from Excessive Paperwork Act of 2025’’. 3
SEC. 2. MODIFICATION TO FILING DEADLINE FOR CERTAIN 4
PRE-EXISTING REPORTING COMPANIES. 5
Section 5336(b)(1)(B) of title 31, United States 6
Code, is amended by striking ‘‘before the effective date 7
of the regulations prescribed under this subsection shall, 8
in a timely manner, and not later than 2 years after the 9
effective date of the regulations prescribed under this sub-10
section,’’ and inserting ‘‘before January 1, 2024, shall, not 11
later than January 1, 2026,’’. 12
Passed the House of Representatives February 10, 
2025. 
Attest: 
Clerk.   119
TH
CONGRESS 
1
ST
S
ESSION
 
H. R. 736 
AN ACT 
To amend title 31, United States Code, to modify 
the deadline for filing beneficial ownership infor-
mation reports for reporting companies formed 
or registered before January 1, 2024.