H.R. 736

119th Congress

In Committee

Protect Small Businesses from Excessive Paperwork Act of 2025

Sponsored byRepublican:Rep. Nunn, Zachary [R-IA-3]IA· Introduced 24 January 2025
Open on Congress.gov

12

Cosponsors

12

Actions

0

Amendments

2

Committees

—

Since introduced

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

Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

11 February 2025·1 year ago

Summary

Introduced in House · Updated 10 February 2025

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.

Timeline

12 actions

  1. Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

    11 February 2025 · IntroReferral

  2. Mr. Hill (AR) moved to suspend the rules and pass the bill.

    10 February 2025 · Floor

  3. Considered as unfinished business. (consideration: CR H606)

    10 February 2025 · Floor

  4. 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.

    10 February 2025 · Floor

  5. Considered under suspension of the rules. (consideration: CR H599-601)

    10 February 2025 · Floor

  6. DEBATE - The House proceeded with forty minutes of debate on H.R. 736.

    10 February 2025 · Floor

  7. Motion to reconsider laid on the table Agreed to without objection.

    10 February 2025 · Floor

  8. 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)

    10 February 2025 · Floor

  9. 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)

    10 February 2025 · Floor

  10. Referred to the House Committee on Financial Services.

    24 January 2025 · IntroReferral

  11. Introduced in House

    24 January 2025 · IntroReferral

  12. Introduced in House

    24 January 2025 · IntroReferral

Sponsorship

12 cosponsors

Sponsor

Republican:Rep. Nunn, Zachary [R-IA-3]IA

Cosponsors

  • Democrat217%
  • Republican1083%

Classification

Policy area

Finance and Financial Sector

Legislative subjects

Business recordsCorporate finance and managementLicensing and registrationsSmall business

Committees

2

  • Financial Services Committee

    House · Standing

    • Referred To24 Jan 2025

  • Banking, Housing, and Urban Affairs Committee

    Senate · Standing

    • Referred To11 Feb 2025

Cosponsor momentum

Cumulative over time

Cosponsors grew from 3 on 24 January 2025 to 12 on 7 February 2025.

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