HR 425 119th Congress House In Progress

Repealing Big Brother Overreach Act

Latest action: Placed on the Union Calendar, Calendar No. 609. · Jun 18, 2026

View full text on Congress.gov ↗ Policy area: Finance and Financial Sector

Legislative Summary

Repealing Big Brother Overreach Act This bill repeals the Corporate Transparency Act. The act requires existing companies and newly created companies to report beneficial ownership information to the Department of the Treasury’s Financial Crimes Enforcement Network for purposes of addressing the financing of terrorism and money laundering.

Source: Congressional Research Service (CRS).

Sponsor

Rep. Davidson, Warren [R-OH-8]
Independent · OH

Cosponsors (193)

Rep. Balderson Rep. Bergman Rep. Biggs Rep. Buchanan Rep. Burlison Rep. Cammack Rep. Ciscomani Rep. Cloud Rep. Clyde Rep. Crane+183 more

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