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S 100In committeeFinancesenate
Repealing Big Brother Overreach Act
Introduced Jan 15, 2025 by Sen. Tommy Tuberville
IntroducedCommitteeFloorCongressLaw
It's waiting on a committee vote to reach the full chamber. Most bills never leave this stage.
Latest action · Jan 15, 2025
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
What it does
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.
Summary by the Congressional Research Service.
Roll-call votes
No floor votes yet — it hasn't reached the floor of either chamber.