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HR 736Passed HouseFinancehouse

Protect Small Businesses from Excessive Paperwork Act of 2025

Introduced Jan 24, 2025 by Rep. Zachary Nunn

IntroducedCommitteeFloorCongressLaw

The House passed it. The Senate has to pass it before it can reach the President.

Latest action · Feb 11, 2025
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Read it on Congress.gov
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.

Roll-call votes
408–0PASSED
On Motion to Suspend the Rules and Pass
house · Feb 10, 2025
History
  1. Feb 11, 2025
    Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
  2. Feb 10, 2025
    Motion to reconsider laid on the table Agreed to without objection.
  3. 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). (text: CR H599)
  4. Feb 10, 2025
    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)
  5. Feb 10, 2025
    Considered as unfinished business. (consideration: CR H606)
  6. 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.
  7. Feb 10, 2025
    DEBATE - The House proceeded with forty minutes of debate on H.R. 736.
  8. Feb 10, 2025
    Considered under suspension of the rules. (consideration: CR H599-601)
  9. Feb 10, 2025
    Mr. Hill (AR) moved to suspend the rules and pass the bill.
  10. Jan 24, 2025
    Referred to the House Committee on Financial Services.
  11. Jan 24, 2025
    Introduced in House