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Bill119th CongressFiled Jan 15, 2025Finance and Financial Sector
H.R. 425

Repealing Big Brother Overreach Act

Bill journey · stage 2 of 5

Under committee review

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What it doesSummary introduced in house (Jan 15, 2025)

Repealing 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.

What just happenedJun 18, 2026

Placed on the Union Calendar, Calendar No. 609.

Who’s behind it

Rep. Davidson, Warren [R-OH-8](R-OH)Sponsor
193 cosponsors193 R
Read on Congress.gov
193cosponsors1committees8actions1related bills
  1. Jun 18, 2026CalendarsH12410

    Placed on the Union Calendar, Calendar No. 609.

  2. Jun 18, 2026CommitteeH12200

    Reported (Amended) by the Committee on Financial Services. H. Rept. 119-701.

    Financial Services Committee
  3. Jun 18, 2026Committee5000

    Reported (Amended) by the Committee on Financial Services. H. Rept. 119-701.

    Financial Services Committee
  4. Apr 21, 2026CommitteeH19000

    Ordered to be Reported by the Yeas and Nays: 26 - 25.

    Financial Services Committee
  5. Apr 21, 2026CommitteeH15001

    Committee Consideration and Mark-up Session Held

    Financial Services Committee
  6. Jan 15, 2025IntroReferralH11100

    Referred to the House Committee on Financial Services.

    Financial Services Committee
  7. Jan 15, 2025IntroReferralIntro-H

    Introduced in House

  8. Jan 15, 2025IntroReferral1000

    Introduced in House