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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.
Introduced
Jan 15, 2025
Last Action
Jan 15, 2025
Session
119th Congress
Sponsors
1 primary · 186 co
Passage Probability
2% — Very Low
Introduced in House
Referred to the House Committee on Financial Services.
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2%
Estimate based on legislative signals
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Upgrade to ProReferred to the House Committee on Financial Services.
LaMalfa, Doug
Green, Mark E.
Greene, Marjorie Taylor