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Repealing Big Brother Overreach Act

On calendar: it can still change before the session ends.

US HR 425 · House Bill · 119th Congress

Draft a letter
Stage
On calendar
Started in
House
Sponsors
194
Latest action
Jun 18, 2026

What it 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.

Official summary · Introduced in House · Jan 15, 2025

Titles and provisions can change as the bill moves.

Read the full textRead it on the official site

Where it stands

  1. Introduced (Done)

    Jan 15, 2025

  2. Committee (Current step)

    On calendar · Jun 18, 2026

  3. Floor (Not started)

  4. Law (Not started)

What moved

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Who is involved

Sponsors

The lawmakers who put their names on it, lead sponsors first.

Where it goes next

While a bill can still move, the questions are about people and money.

Work with this bill

Repealing Big Brother Overreach Act | 52