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119th Congress Finance and Financial Sector

H.R. 425: Repealing Big Brother Overreach Act

ReportedJun 18, 2026

  1. Introduced (completed)Jan 15, 2025
  2. Passed House (not reached)
  3. Passed Senate (not reached)
  4. To the President (not reached)
  5. Became law (not reached)

Summary

Introduced in House, Jan 15, 2025

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.

Written by the Congressional Research Service, Library of Congress.

Roll calls

0 votes on this bill

No roll call votes have been held on this bill.

Amendments

0 offered

No amendments were offered to this bill.

Cosponsors

193

Who scored on this bill

50 points earned
  1. 1Warren Davidson R-OH SponsorReached a cosponsor milestone, introduced, marked up, reported6 events+50
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Other bills by Warren Davidson

History

  1. Jan 15, 2025Introduced in the House by Warren Davidson.
Show the full action history (6 actions)
  1. Jun 18, 2026Reported (Amended) by the Committee on Financial Services. H. Rept. 119-701.
  2. Jun 18, 2026Placed on the Union Calendar, Calendar No. 609.
  3. Apr 21, 2026Committee Consideration and Mark-up Session Held
  4. Apr 21, 2026Ordered to be Reported by the Yeas and Nays: 26 - 25.
  5. Jan 15, 2025Introduced in House
  6. Jan 15, 2025Referred to the House Committee on Financial Services.