Checked
Repealing Big Brother Overreach Act
H.R. 425, 119th Congress
- Status
- In committee
- Introduced
- 01/15/2025
- Cosponsors
- 193
- Latest action
- 06/18/2026
About this bill
- Official title
- Repealing Big Brother Overreach Act
- Sponsor
- Warren Davidson (R-OH)
- Introduced in
- House
- Policy area
- Finance and Financial Sector
- Committees
- Financial Services Committee
- Latest action
- Placed on the Union Calendar, Calendar No. 609.
Summary
Congressional Research Service, Introduced in House (01/15/2025)
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.
Actions
Newest first
- 06/18/2026 · House
Placed on the Union Calendar, Calendar No. 609.
- 06/18/2026 · House
Reported (Amended) by the Committee on Financial Services. H. Rept. 119-701.
- 04/21/2026 · House
Ordered to be Reported by the Yeas and Nays: 26 - 25.
- 04/21/2026 · House
Committee Consideration and Mark-up Session Held
- 01/15/2025 · House
Referred to the House Committee on Financial Services.
- 01/15/2025
Introduced in House
Subjects: Banking and financial institutions regulation, Business records, Corporate finance and management, Department of the Treasury, Fraud offenses and financial crimes, Terrorism.
Source: U.S. Government Publishing Office, GovInfo Bill Status; Congressional Research Service summaries · Last updated 06/18/2026