HR736Passed House

Protect Small Businesses from Excessive Paperwork Act of 2025

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Introduced
In Committee
Passed One Chamber
4
Passed Both
5
Signed into Law
119th
Congress
2025-01-24
Introduced
12
Cosponsors
HR
ⓘ
Type

Sponsor

Zachary Nunn
Zachary Nunn
Republican · IA · Representative
Votes with party: 96.0% (578 recorded votes)

Full profile: /officials/N000193

Source: Congress.gov · FEC

Cosponsors (12)

Members who have signed on to support this bill since introduction. Source: Congress.gov.

12 cosponsors on record at Congress.gov. The named list is syncing into Govwatch and will appear here shortly — view on Congress.gov in the meantime.

Latest Action

The most recent step in the bill's legislative path. Committee Activity below shows referrals and reports; the full action-by-action history including floor proceedings lives at Congress.gov →

Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

2025-02-11

Source: Congress.gov

Committee Activity

Currently in

Plain-English Summary

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.

Plain-English rewrite of the Congressional Research Service summary published on Congress.gov. Cached and reviewed.

Subjects

Finance and Financial Sector
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Related legislation

Bills by the same sponsor or covering overlapping subjects.