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HR 425119th CongressIntroduced

Repealing Big Brother Overreach Act

Introduced: Oct 28, 2025
Standard Summary
Comprehensive overview in 1-2 paragraphs

The Repealing Big Brother Overreach Act would eliminate the Corporate Transparency Act and its associated beneficial ownership reporting requirements.

Key Points

  • 1Repeals Corporate Transparency Act entirely
  • 2Removes beneficial ownership reporting mandate
  • 3Includes technical amendments to related statutes
  • 4Sponsored by numerous conservative House members
  • 5Referred to Financial Services Committee

Impact Areas

Corporate regulatory complianceAnti-money laundering effortsSmall business reporting requirementsFinancial transparency initiatives
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