HR 425
119th Congress
House
Finance and Financial Sector
Banking and financial institutions regulation
Business records
Corporate finance and management
Department of the Treasury
Fraud offenses and financial crimes
Terrorism
Repealing Big Brother Overreach Act
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.
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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.
What's happening now
Placed on the Union Calendar, Calendar No. 609.
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
111
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, David P.
R
Joyce, John
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.
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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/)