HR 425 · 119th Congress · Finance and Financial Sector

Repealing Big Brother Overreach Act

Introduced 2025-01-15· Sponsored by Rep. Davidson, Warren [R-OH-8]· House

Bill Progress

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Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Ordered to be Reported by the Yeas and Nays: 26 - 25.(2026-04-21)

Plain Language Summary

[AI summary unavailable — showing source text] 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.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (20)

20 Republicans
Rep. Balderson, Troy [R-OH-12]OH
Rep. Bergman, Jack [R-MI-1]MI
Rep. Biggs, Andy [R-AZ-5]AZ
Rep. Buchanan, Vern [R-FL-16]FL
Rep. Burlison, Eric [R-MO-7]MO
Rep. Cammack, Kat [R-FL-3]FL
Rep. Ciscomani, Juan [R-AZ-6]AZ
Rep. Cloud, Michael [R-TX-27]TX
Rep. Clyde, Andrew S. [R-GA-9]GA
Rep. Crane, Elijah [R-AZ-2]AZ
Rep. Dunn, Neal P. [R-FL-2]FL
Rep. Edwards, Chuck [R-NC-11]NC
Rep. Ellzey, Jake [R-TX-6]TX
Rep. Estes, Ron [R-KS-4]KS
Rep. Ezell, Mike [R-MS-4]MS
Rep. Finstad, Brad [R-MN-1]MN
Rep. Fischbach, Michelle [R-MN-7]MN
Rep. Fleischmann, Charles J. "Chuck" [R-TN-3]TN
Rep. Foxx, Virginia [R-NC-5]NC
Rep. Fulcher, Russ [R-ID-1]ID