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S 100119th CongressIntroduced
Repealing Big Brother Overreach Act
Introduced: Oct 28, 2025
Standard Summary
Comprehensive overview in 1-2 paragraphs
Senate version of the Repealing Big Brother Overreach Act, identical to House version H.R.425, seeking to eliminate the Corporate Transparency Act.
Key Points
- 1Identical to House bill H.R.425
- 2Repeals Corporate Transparency Act entirely
- 3Removes beneficial ownership reporting mandate
- 4Sponsored by numerous Republican senators
- 5Referred to Banking Committee
Impact Areas
Corporate regulatory complianceAnti-money laundering effortsSmall business reporting requirementsFinancial transparency initiatives
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