Repealing Big Brother Overreach Act

Summary

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.

Sponsor

Timeline

1. Introduced

   Jan 15, 2025

2. Committee review

   date not recorded

3. Floor vote

   —

4. Awaiting vote

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