Cosponsor
Sign in

HR 736 · in committee · major

Protect Small Businesses from Excessive Paperwork Act of 2025

What this bill does

  • The bill delays the deadline for companies to report beneficial ownership information to FinCEN by one year.
  • Small businesses and companies formed before January 1, 2024 are affected by this extension.
  • The new deadline is January 1, 2026 instead of January 1, 2025 with no stated fiscal cost.

Generated by claude-haiku-4-5

Community Threads

Started by Cosponsor

  1. 01

    How would delaying beneficial ownership reporting until 2026 affect the government's ability to detect money laundering and financial crimes compared to the 2025 deadline?

  2. 02

    What specific compliance challenges are small businesses facing that justify a one-year extension rather than technical assistance or phased implementation?

  3. 03

    Which companies benefit most from this delay, and could the extension create an unequal reporting timeline across different business sizes?

Cosponsor writes these to seed civic discussion — they aren't user posts. Sign in to reply.

Sponsor · R-IA-3

Zachary Nunn

Citizen cosponsors

0

In Congress

12/ 435

House Reps cosponsoring

Introduced 2025-02-11

Joining the bill

Legislative timeline

  1. 2025-02-11 · senate · IntroReferral

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

  2. 2025-02-10 · house · Floor

    Motion to reconsider laid on the table Agreed to without objection.

  3. 2025-02-10 · house · Floor

    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)

  4. 2025-02-10 · Floor

    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)

  5. 2025-02-10 · house · Floor

    Considered as unfinished business. (consideration: CR H606)

  6. 2025-02-10 · house · Floor

    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.

  7. 2025-02-10 · house · Floor

    DEBATE - The House proceeded with forty minutes of debate on H.R. 736.

  8. 2025-02-10 · house · Floor

    Considered under suspension of the rules. (consideration: CR H599-601)

  9. 2025-02-10 · house · Floor

    Mr. Hill (AR) moved to suspend the rules and pass the bill.

  10. 2025-01-24 · house · IntroReferral

    Referred to the House Committee on Financial Services.

  11. 2025-01-24 · IntroReferral

    Introduced in House

  12. 2025-01-24 · IntroReferral

    Introduced in House

Congress.gov ↗

Citizen comments

Sign in to comment on this bill.

No comments yet — be the first.