119th Congress · HOUSE BILLBILL

H.R. 736Protect Small Businesses from Excessive Paperwork Act of 2025

To amend title 31, United States Code, to modify the deadline for filing beneficial ownership information reports for reporting companies formed or registered before January 1, 2024.

Finance and financial sector
Introduced Jan 24, 2025
Last action Feb 11, 2025
Pipeline · Bill → Law
Step 1
Introduced
Jan 24, 2025
Step 2
Referred
Jan 24, 2025
Financial Services · Banking, Housing, and Urban Affairs
Step 3
Committee
Step 4
House floor
Step 5
Senate
Feb 11, 2025
Step 6
Resolve Changes
Step 7
Signed
SummaryCRS Summary

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.

Provisions · 2 sectionsEngrossed in House
3 versions
Engrossed in House · 2 provisions
AI
Roll Call Votes · 1
Timeline · 10 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
Mr. Hill (AR) moved to suspend the rules and pass the bill.
Feb 10, 2025
Considered under suspension of the rules.
Feb 10, 2025
DEBATE - The House proceeded with forty minutes of debate on H.R. 736.
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
Considered as unfinished business.
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).ROLL CALLpass
Feb 10, 2025
Motion to reconsider laid on the table Agreed to without objection.
Jan 24, 2025
Introduced in House
Jan 24, 2025
Referred to the House Committee on Financial Services.