H.R. 425 · 119th Congress
Repealing Big Brother Overreach Act
Status: In committee
- Introduced (done)
- Committee (current)
- Passed House
- Passed Senate
- To President
- Law
Latest action
: Placed on the Union Calendar, Calendar No. 609.
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.
Summary by the Congressional Research Service.
Actions
- House
Placed on the Union Calendar, Calendar No. 609.
- House
Reported (Amended) by the Committee on Financial Services. H. Rept. 119-701.
- House
Ordered to be Reported by the Yeas and Nays: 26 - 25.
- House
Committee Consideration and Mark-up Session Held
- House
Referred to the House Committee on Financial Services.
Introduced in House