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H.R. 736 House Finance and Financial Sector

Protect Small Businesses from Excessive Paperwork Act of 2025

Introduced
Jan 24, 2025
Sponsor
Rep. Nunn, Zachary (R-IA-3)
View on Congress.gov

STAGE 4 OF 8 — HOUSE FLOOR

Currently in the House. Last action: received in the senate and read twice and referred to the committee on banking, housing, and urban affairs on Feb 11, 2025.

  1. House Introduced in House Jan 24, 2025
  2. House Referred to the House Committee on Financial Services. Jan 24, 2025
  3. House Mr. Hill (AR) moved to suspend the rules and pass the bill. Feb 10, 2025
  4. House Considered under suspension of the rules. (consideration: CR H599-601) Feb 10, 2025
  5. House DEBATE - The House proceeded with forty minutes of debate on H.R. 736. Feb 10, 2025
  6. 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
  7. House Considered as unfinished business. (consideration: CR H606) Feb 10, 2025
  8. House 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) Feb 10, 2025
  9. 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
  10. House Motion to reconsider laid on the table Agreed to without objection. Feb 10, 2025
  11. House
    On Motion to Suspend the Rules and Pass Feb 10, 2025
    Agreed Yea 408 Nay 0 Roll Call
  12. Senate Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Feb 11, 2025

Cosponsors

12

Subjects

Business recordsCorporate finance and managementLicensing and registrationsSmall business

Committees

  • Banking, Housing, and Urban Affairs Committee
    • Referred To , Feb 11, 2025
  • Financial Services Committee
    • Referred To , Jan 24, 2025

Summary

Protect Small Businesses from Excessive Paperwork Act of 2025This 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.

Summary as of: Introduced in House

Bill Text

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Related Bills

  • ‘Protect Small Businesses from Excessive Paperwork Act of 2025 (Identical bill)

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