Both sides have signed this (Bill Ranking)
H.R. 736 · 119th Congress (2025-2026)
13 members · Left 1 · Center 1 · Right 11 (Bill Ranking)
| Sponsor | Rep. Nunn, Zachary (R-IA) (Introduced 01/24/2025) |
|---|---|
| Sponsor Voting Record | Lean right · DW-NOMINATE +0.29 · measured from every roll-call vote this member has cast (voteview.com) (Sponsor Ranking) |
| Support |
LLLCLRR support across the spectrum: 13 members signed on (Bill Ranking) this bill: sponsor + current cosponsors, each once |
| Committees | Senate - Banking, Housing, and Urban Affairs Committee; House - Financial Services Committee |
| Latest Action | 02/11/2025 Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. |
| Roll Call Votes | 1 |
| Source | view on congress.gov → |
Introduced in House (01/24/2025)
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.
119 HR 736 EH: Protect Small Businesses from Excessive Paperwork Act of 2025 U.S. House of Representatives text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. I 119th CONGRESS1st Session H. R. 736
IN THE HOUSE OF REPRESENTATIVES AN ACT To amend title 31, United States Code, to modify the deadline for filing beneficial ownership information reports for reporting companies formed or registered before January 1, 2024.
1.Short titleThis Act may be cited as the Protect Small Businesses from Excessive Paperwork Act of 2025.
2.Modification to filing deadline for certain pre-existing reporting companiesSection 5336(b)(1)(B) of title 31, United States Code, is amended by striking before the effective date of the regulations prescribed under this subsection shall, in a timely manner, and not later than 2 years after the effective date of the regulations prescribed under this subsection, and inserting before January 1, 2024, shall, not later than January 1, 2026,. Passed the House of Representatives February 10, 2025.Kevin F. McCumber,Clerk.
119 HR 736 IH: Protect Small Businesses from Excessive Paperwork Act of 2025 U.S. House of Representatives 2025-01-24 text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. I119th CONGRESS1st SessionH. R. 736IN THE HOUSE OF REPRESENTATIVESJanuary 24, 2025Mr. Nunn of Iowa (for himself, Ms. Davids of Kansas, Mr. Emmer, and Mr. Davis of North Carolina) introduced the following bill; which was referred to the Committee on Financial ServicesA BILLTo amend title 31, United States Code, to modify the deadline for filing beneficial ownership information reports for reporting companies formed or registered before January 1, 2024.1.Short titleThis Act may be cited as the Protect Small Businesses from Excessive Paperwork Act of 2025.2.Modification to filing deadline for certain pre-existing reporting companiesSection 5336(b)(1)(B) of title 31, United States Code, is amended by striking before the effective date of the regulations prescribed under this subsection shall, in a timely manner, and not later than 2 years after the effective date of the regulations prescribed under this subsection, and inserting before January 1, 2024, shall, not later than January 1, 2026,.
119 HR 736 : Protect Small Businesses from Excessive Paperwork Act of 2025 U.S. House of Representatives 2025-02-11 text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. IIB 119th CONGRESS1st Session H. R. 736
IN THE SENATE OF THE UNITED STATES February 11, 2025 Received; read twice and referred to the Committee on Banking, Housing, and Urban Affairs AN ACT To amend title 31, United States Code, to modify the deadline for filing beneficial ownership information reports for reporting companies formed or registered before January 1, 2024.
1.Short titleThis Act may be cited as the Protect Small Businesses from Excessive Paperwork Act of 2025.
2.Modification to filing deadline for certain pre-existing reporting companiesSection 5336(b)(1)(B) of title 31, United States Code, is amended by striking before the effective date of the regulations prescribed under this subsection shall, in a timely manner, and not later than 2 years after the effective date of the regulations prescribed under this subsection, and inserting before January 1, 2024, shall, not later than January 1, 2026,. Passed the House of Representatives February 10, 2025.Kevin F. McCumber,Clerk.
The bill's own words, from our database (synced from the GPO BILLS XML); paragraph breaks added at the bill's section boundaries, nothing else changed.
| Date | Chamber | All Actions |
|---|---|---|
| 01/24/2025 | Library of Congress | Introduced in House |
| 01/24/2025 | Library of Congress | Introduced in House |
| 01/24/2025 | House floor actions | Referred to the House Committee on Financial Services. |
| 02/10/2025 | House floor actions | Mr. Hill (AR) moved to suspend the rules and pass the bill. |
| 02/10/2025 | House floor actions | Considered under suspension of the rules. (consideration: CR H599-601) |
| 02/10/2025 | House floor actions | DEBATE - The House proceeded with forty minutes of debate on H.R. 736. |
| 02/10/2025 | House floor actions | 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. |
| 02/10/2025 | House floor actions | Considered as unfinished business. (consideration: CR H606) |
| 02/10/2025 | Library of Congress | 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) |
| 02/10/2025 | House floor actions | 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) |
| 02/10/2025 | House floor actions | Motion to reconsider laid on the table Agreed to without objection. |
| 02/11/2025 | Senate | Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. |
| Title Type | Title |
|---|---|
| Official Titles from EH (Engrossed in House) bill text | To amend title 31, United States Code, to modify the deadline for filing beneficial ownership information reports for reporting companies formed or registered before January 1, 2024. |
| Short Titles from RFS (Referred to Senate) bill text | Protect Small Businesses from Excessive Paperwork Act of 2025 |
| Short Title(s) as Passed House | Protect Small Businesses from Excessive Paperwork Act of 2025 |
| Display Title | Protect Small Businesses from Excessive Paperwork Act of 2025 |
| Short Title(s) as Introduced | Protect Small Businesses from Excessive Paperwork Act of 2025 |
| Official Title as Introduced | To amend title 31, United States Code, to modify the deadline for filing beneficial ownership information reports for reporting companies formed or registered before January 1, 2024. |
There are no amendments to this bill.
* = Original cosponsor
| Committee | Activity |
|---|---|
| Senate - Banking, Housing, and Urban Affairs Committee | 02/11/2025 Referred To |
| House - Financial Services Committee | 01/24/2025 Referred To |
Policy Area: Finance and Financial Sector
All data on this page comes from our own database (legislation.congress_* tables), synced daily from the GPO govinfo BILLSTATUS and BILLS collections. Formatted after congress.gov; nothing is generated. Member placement is their DW-NOMINATE score (voteview.com, Lewis et al.) - a measurement of roll-call voting behavior, not our judgement. Buckets: Left below −0.50 · Lean Left to −0.25 · Center to +0.25 · Lean Right to +0.50 · Right above +0.50. The bill's Support meter aggregates the people who signed the bill - sponsor and current cosponsors, each counted once - nothing else.