Bill Detail

H.R. 736

Congress: 119

Title

Protect Small Businesses from Excessive Paperwork Act of 2025

Summary

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.

Sponsor

Rep. Zachary Nunn [R-IA-3]

Status

Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Status as of Jun 29, 9:21 AM · synced 11h ago

Introduced

2025-01-24

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Bill Engagement

Lobbyists on the case