H.R. 736 · 119th Congress
Protect Small Businesses from Excessive Paperwork Act of 2025
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12 cosponsors · 2 D, 10 R
3 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
- House Introduced Jan 24, 2025
- House Passed Feb 10, 2025 408–0
Protect Small Businesses from Excessive Paperwork Act of 2025
What it does: CRS summary · Introduced in House · Jan 24, 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.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
Votes to become law
About this bill and sources
Official title: Protect Small Businesses from Excessive Paperwork Act of 2025
Latest action (Feb 11, 2025): Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Policy area: Finance and Financial Sector · Origin: House · Introduced: Jan 24, 2025
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML) · Embed in your story
- House Introduced Jan 24, 2025
- House Passed Feb 10, 2025 408–0
Final vote · House · Feb 10, 2025
Passage (two-thirds required) — Passed. Vote details
Speaker of the House: Mike Johnson