H.R. 425

119th Congress

Reported

Repealing Big Brother Overreach Act

Sponsored byRepublican:Rep. Davidson, Warren [R-OH-8]OH· Introduced 15 January 2025

193

Cosponsors

8

Actions

0

Amendments

1

Committees

Since introduced

Introduced
Committee
Passed Chamber
Passed Both
Enacted
Step 1 of 0
Latest action

Placed on the Union Calendar, Calendar No. 609.

18 June 2026·1 month ago

Summary

Introduced in House · Updated 18 March 2025

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.

Timeline

8 actions

  1. Reported (Amended) by the Committee on Financial Services. H. Rept. 119-701.

    18 June 2026 · Committee

  2. Reported (Amended) by the Committee on Financial Services. H. Rept. 119-701.

    18 June 2026 · Committee

  3. Placed on the Union Calendar, Calendar No. 609.

    18 June 2026 · Calendars

  4. Committee Consideration and Mark-up Session Held

    21 April 2026 · Committee

  5. Committee Consideration and Mark-up Session Held

    21 April 2026 · Committee

  6. Ordered to be Reported by the Yeas and Nays: 26 - 25.

    21 April 2026 · Committee

  7. Ordered to be Reported by the Yeas and Nays: 26 - 25.

    21 April 2026 · Committee

  8. Referred to the House Committee on Financial Services.

    15 January 2025 · IntroReferral

  9. Referred to the House Committee on Financial Services.

    15 January 2025 · IntroReferral

  10. Introduced in House

    15 January 2025 · IntroReferral

  11. Introduced in House

    15 January 2025 · IntroReferral

  12. Introduced in House

    15 January 2025 · IntroReferral

  13. Introduced in House

    15 January 2025 · IntroReferral

Sponsorship

193 cosponsors

Sponsor

Republican:Rep. Davidson, Warren [R-OH-8]OH

Cosponsors

  • Republican50100%

Classification

Policy area

Finance and Financial Sector

Legislative subjects

Banking and financial institutions regulationBusiness recordsCorporate finance and managementDepartment of the TreasuryFraud offenses and financial crimesTerrorism

Committees

1

  • Financial Services Committee

    House · Standing

    • Referred To15 Jan 2025
    • Markup By21 Apr 2026
    • Reported By18 Jun 2026
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