119th Congress
H.R. 736
Protect Small Businesses from Excessive Paperwork Act of 2025
- Introduced
- In committee
- Passed House
- Passed Senate
- To President
- Became law
- Sponsor
- Zachary Nunn(R-IA)
- Introduced
- Jan 24, 2025
- Policy area
- Finance and Financial Sector
- Committees
- House Committee on Financial Services; Senate Committee on Banking, Housing, and Urban Affairs
- Official text
- Referred in Senate · Congress.gov page
Cosponsors (12)
Original cosponsors (3)
- Donald G. Davis (D-NC)
- Sharice Davids (D-KS)
- Tom Emmer (R-MN)
Added later (9)
- Bill Huizenga (R-MI) · Jan 28, 2025
- Maria Elvira Salazar (R-FL) · Jan 28, 2025
- Andy Barr (R-KY) · Feb 4, 2025
- Marlin A. Stutzman (R-IN) · Feb 4, 2025
- Monica De La Cruz (R-TX) · Feb 4, 2025
- Michelle Fischbach (R-MN) · Feb 5, 2025
- Bryan Steil (R-WI) · Feb 6, 2025
- Daniel Meuser (R-PA) · Feb 7, 2025
- Troy Downing (R-MT) · Feb 7, 2025
Summary
Summary by the Congressional Research Service· describes the “Introduced in House” version
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.
Roll-call votes
| Date | Vote | Result | Your members |
|---|---|---|---|
| Feb 10, 2025 House #37 | On Motion to Suspend the Rules and Pass: Protect Small Businesses from Excessive Paperwork Act | Passed | Set your home to see |
Actions
- Feb 11, 2025 · Senate
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. - Feb 10, 2025 · House
Motion to reconsider laid on the table Agreed to without objection. - Feb 10, 2025 · 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) - Feb 10, 2025 · House
Considered as unfinished business. (consideration: CR H606) - Feb 10, 2025 · House
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. - Feb 10, 2025 · House
DEBATE - The House proceeded with forty minutes of debate on H.R. 736. - Feb 10, 2025 · House
Considered under suspension of the rules. (consideration: CR H599-601) - Feb 10, 2025 · House
Mr. Hill (AR) moved to suspend the rules and pass the bill. - Jan 24, 2025 · House
Referred to the House Committee on Financial Services. - Jan 24, 2025
Introduced in House