Financial Services Committee
- Referred To
- Markup By
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Introduced: Jan 15, 2025
Latest action date: Jun 18, 2026
Latest development
Placed on the Union Calendar, Calendar No. 609.
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Status detail: The most advanced recorded stage is committee consideration.
Plain-language overview
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.
Official summary from Congress.gov.
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Official CRS policy area
Finance and Financial Sector
Committees and subcommittees that received, reviewed, marked up, or reported this legislation.
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Checked against Congress.gov Oct 9, 2026.
Newest action first. Action language comes from the official Congress.gov record.
Placed on the Union Calendar, Calendar No. 609.
Reported (Amended) by the Committee on Financial Services. H. Rept. 119-701.
Reported (Amended) by the Committee on Financial Services. H. Rept. 119-701.
Committee Consideration and Mark-up Session Held
Ordered to be Reported by the Yeas and Nays: 26 - 25.
Introduced in House
Introduced in House
Referred to the House Committee on Financial Services.
Recorded House and Senate votes connected to this bill. Your representatives appear first when available.
No connected roll-call votes are currently available for this bill.
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