H.R. 425In Committee
Repealing Big Brother Overreach Act
Introduced: Jan 15, 2025
Latest action date: Apr 21, 2026
Your view
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
Ordered to be Reported by the Yeas and Nays: 26 - 25.