H.R. 425In Progress
Repealing Big Brother Overreach Act
Introduced: Jan 15, 2025
Latest action date: Jun 18, 2026
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Executive Summary
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.
Latest Action
Placed on the Union Calendar, Calendar No. 609.
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