Repealing Big Brother Overreach Act
The summary
What this bill does
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.
Legislative timeline
From introduction
Jan 15, 2025
Introduced & referred to committee
Congressional support
Sponsors & Cosponsors
U.S. Representative - AL · R-AL
34 cosponsors
U.S. Representative - TX · R-TX
U.S. Representative - NE · R-NE
U.S. Senator - Ohio · R-OH
U.S. Representative - WY · R-WY
U.S. Representative - Tennessee District 7 · R-TN
U.S. Representative - AR · R-AR
Member of Congress · R-FL
U.S. Representative - AK · R-AK
U.S. Representative - NE · R-NE
U.S. Representative - MT · R-MT
U.S. Representative - NC · R-NC
U.S. Representative - NC · R-NC
+ 22 more cosponsors
Roll-call vote
The vote, by member
The vote, by member
VERSION CHANGES
What changed,
and where.
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Bill Metadata
| Congress | 119 |
| Bill Type | S |
| Bill Number | 100 |
| Origin Chamber | Senate |
| Current Status | Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. |
| Policy Area | Finance and Financial Sector |
| Primary Committee | Not assigned |
| Introduced | January 15, 2025 |
| Latest Action | January 15, 2025 |
| Cosponsors | 34 · House vote — · — views |