H.R. 425
119th Congress
House
Repealing Big Brother Overreach Act
Official title: To repeal the Corporate Transparency Act.
Finance and Financial Sector
Banking and financial institutions regulationBusiness recordsCorporate finance and managementDepartment of the Treasury
More subjectsShow fewer subjects
Fraud offenses and financial crimesTerrorism
Everywhere this bill has been
6 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 18, 2026
Reported (Amended) by the Committee on Financial Services. H. Rept. 119-701.
Jun 18, 2026
Placed on the Union Calendar, Calendar No. 609.
Apr 21, 2026
Ordered to be Reported by the Yeas and Nays: 26 - 25.
Apr 21, 2026
Committee Consideration and Mark-up Session Held
Jan 15, 2025
Introduced in House
Jan 15, 2025
Referred to the House Committee on Financial Services.
Ask about this bill
Have a question about what this bill does? Ask in plain English; the answer is drawn from the bill's actual text and official record, and it'll tell you when something isn't in the text rather than guess.
What's happening now
Placed on the Union Calendar, Calendar No. 609.
Plain-English 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.
Hearings & markups
2
Related & companion bills
1
Bill text
2 versions
- Introduced in House Formatted Text PDF Formatted XML
- Reported in House Formatted Text PDF Formatted XML
Committees of jurisdiction
1
Lobbying activity
147
- JGB & ASSOCIATES, LLC
- GOVERNMENT AFFAIRS SOLUTIONS, LLC
- GOVERNMENT AFFAIRS SOLUTIONS, LLC
- GOVERNMENT AFFAIRS SOLUTIONS, LLC
- SPECIALTY EQUIPMENT MARKET ASSOCIATION
- SPECIALTY EQUIPMENT MARKET ASSOCIATION
Bodies those filers lobbied
- HOUSE OF REPRESENTATIVES
- SENATE
- White House Office
- Labor, Dept of (DOL)
- Treasury, Dept of
- Small Business Administration (SBA)
- Environmental Protection Agency (EPA)
- Commerce, Dept of (DOC)
Cosponsors
193
R
Harrigan, Pat
R
Knott, Brad
R
Gimenez, Carlos A.
R
De La Cruz, Monica
R
Mast, Brian J.
R
Rutherford, John H.
R
Meuser, Daniel
R
Issa, Darrell
R
Scott, Austin
R
Baumgartner, Michael
R
Kean, Thomas H.
R
Calvert, Ken
R
Massie, Thomas
R
Bentz, Cliff
R
Wilson, Joe
R
Luna, Anna Paulina
R
Stefanik, Elise M.
R
Cline, Ben
R
LaLota, Nick
R
McCaul, Michael T.
R
Moore, Blake D.
R
Salazar, Maria Elvira
R
Van Drew, Jefferson
R
Biggs, Sheri
R
Aderholt, Robert B.
R
Babin, Brian
R
Fong, Vince
R
Guthrie, Brett
R
Rogers, Mike D.
R
Letlow, Julia
R
Joyce, John
R
Joyce, David P.
R
Mann, Tracey
R
Fine, Randy
R
Rogers, Harold
R
Barr, Andy
R
Lawler, Michael
R
Mackenzie, Ryan
R
Wittman, Robert J.
R
Arrington, Jodey C.
R
Huizenga, Bill
R
Simpson, Michael K.
R
Kustoff, David
R
Boebert, Lauren
R
Jack, Brian
R
Owens, Burgess
R
Harris, Mark
R
Patronis, Jimmy
R
Jordan, Jim
R
Bresnahan, Robert P.
Page 1 of 4
Next
Cite this page
U.S. Congress. (2026). H.R. 425: Repealing Big Brother Overreach Act. 119th Congress. Open America. https://openamerica.io/bill/119-HR-425/
"H.R. 425: Repealing Big Brother Overreach Act." 119th Congress, 2026, Open America, https://openamerica.io/bill/119-HR-425/.
H.R. 425, 119th Cong. (2026), https://openamerica.io/bill/119-HR-425/.
[H.R. 425: Repealing Big Brother Overreach Act](https://openamerica.io/bill/119-HR-425/)