‘Protect Small Businesses from Excessive Paperwork Act of 2025
Official title: A bill to amend title 31, United States Code, to modify the deadline for filing beneficial ownership information reports for reporting companies formed or registered before January 1, 2024.
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Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Protect Small Businesses from Excessive Paperwork Act of 2025
This bill extends the deadline for certain companies that are required to file beneficial ownership information with the Financial Crimes Enforcement Network (FinCEN). Specifically, the bill requires companies formed or registered before January 1, 2024, to submit this information to FinCEN by January 1, 2026, instead of by January 1, 2025, as required under current regulations.
- Introduced in Senate Formatted Text PDF Formatted XML
- NATIONAL SMALL BUSINESS ASSOCIATION
- EB CONSULTING
- EB CONSULTING
- EB CONSULTING
- NATIONAL SMALL BUSINESS ASSOCIATION
- NATIONAL BEER WHOLESALERS ASSOCIATION
Bodies those filers lobbied
- HOUSE OF REPRESENTATIVES
- SENATE
- Labor, Dept of (DOL)
- Agriculture, Dept of (USDA)
- Alcohol & Tobacco Tax & Trade Bureau (TTB)
- Executive Office of the President (EOP)
- Federal Trade Commission (FTC)
- Food & Drug Administration (FDA)
Cite this page
U.S. Congress. (2026). S. 505: ‘Protect Small Businesses from Excessive Paperwork Act of 2025. 119th Congress. Open America. https://openamerica.io/bill/119-S-505/
"S. 505: ‘Protect Small Businesses from Excessive Paperwork Act of 2025." 119th Congress, 2026, Open America, https://openamerica.io/bill/119-S-505/.
S. 505, 119th Cong. (2026), https://openamerica.io/bill/119-S-505/.
[S. 505: ‘Protect Small Businesses from Excessive Paperwork Act of 2025](https://openamerica.io/bill/119-S-505/)