H.R. 736 · 119th Congress · Finance and Financial Sector
Protect Small Businesses from Excessive Paperwork Act of 2025
What it does
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.
Summary by the Congressional Research Service, Jan 24, 2025 (Introduced in House). CRS summarizes bills impartially; it does not take positions.
Roll call votes
| Date | Question | Party split (yea) | Result |
|---|---|---|---|
| Feb 10, 2025 House roll 36 |
On Motion to Suspend the Rules and PassProtect Small Businesses from Excessive Paperwork Act | D 201–0 · R 207–0 |
Passed 408–0 |
Latest action
Feb 11, 2025 · Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.