HR 736 · Protect Small Businesses from Excessive Paperwork Act of 2025
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- Introduced
- Jan 24, 2025
- Latest action
- Feb 11, 2025
- Sponsor
- Rep. Zachary Nunn [R-IA-3]
- Policy area
- Finance and Financial Sector
- Cosponsors
- 12
Summary
Protect Small Businesses from Excessive Paperwork Act of 2025 This bill extends the deadline for certain companies that are required to file beneficial ownership information with the Financial Crimes Enforcement Network (FinCEN). Specifically, the bill requires companies formed or registered before January 1, 2024, to submit this information to FinCEN by January 1, 2026, instead of by January 1, 2025, as required under current regulations.
Recent actions
- Feb 11, 2025 Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- Feb 10, 2025 Motion to reconsider laid on the table Agreed to without objection.
- Feb 10, 2025 On motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 408 - 0 (Roll no. 37). (text: CR H599)
- Feb 10, 2025 Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 408 - 0 (Roll no. 37). (text: CR H599)
- Feb 10, 2025 Considered as unfinished business. (consideration: CR H606)
- Feb 10, 2025 At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.
- Feb 10, 2025 DEBATE - The House proceeded with forty minutes of debate on H.R. 736.
- Feb 10, 2025 Considered under suspension of the rules. (consideration: CR H599-601)
Votes
- On Motion to Suspend the Rules and Pass Passed · Feb 10, 2025, 11:56 PM