HR 425referred119th Congress

Repealing Big Brother Overreach Act

Introduced Jan 15, 2025House billPolicy area: Finance and Financial SectorLast action Jan 15, 2025Sponsor: Warren Davidson(R-OH)

financeFinance and Financial Sector

Financial Services Committee

Ask about this Build timeline Compare Export source pack

Official Congress record Open in Network Lab Trace connections

Official summaryUpdated Jun 18, 2026

What the bill does

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.

Latest official action

Placed on the Union Calendar, Calendar No. 609.

Lobbying Filings Citing It

$14.3M

Reported on Those Filings, All Issues

Lobbying Clients

Recorded Votes

Timeline

Jan 15, 2025bill

Bill introduced

Apr 17, 2025lobbying

Lobbying filed by NATIONAL MULTIFAMILY HOUSING COUNCIL INC

Apr 18, 2025lobbying

Lobbying filed by NFIB (NATIONAL FEDERATION OF INDEPENDENT BUSINESS)

Apr 21, 2025lobbying

Lobbying filed by NATIONAL SHOOTING SPORTS FOUNDATION

Jul 17, 2025lobbying

Lobbying filed by NFIB (NATIONAL FEDERATION OF INDEPENDENT BUSINESS)

Jul 21, 2025

Official Congressional Actions

Jun 18, 2026Committee

Reported (Amended) by the Committee on Financial Services. H. Rept. 119-701.

Financial Services Committee

View official action

Jun 18, 2026Calendars

Placed on the Union Calendar, Calendar No. 609.

View official action

Jun 18, 2026Committee

Reported (Amended) by the Committee on Financial Services. H. Rept. 119-701.

Financial Services Committee

View official action

Apr 21, 2026Committee

Committee Consideration and Mark-up Session Held

Financial Services Committee

Lobbying Activity

Registrant	Client	Amount	Filed	Period	Issues
NFIB (NATIONAL FEDERATION OF INDEPENDENT BUSINESS)	NFIB (NATIONAL FEDERATION OF INDEPENDENT BUSINESS)	$3.0M	Jul 17, 2025	2025Q2	BANTAXHCR
NFIB (NATIONAL FEDERATION OF INDEPENDENT BUSINESS)	NFIB (NATIONAL FEDERATION OF INDEPENDENT BUSINESS)	$2.3M	Apr 18, 2025	2025Q1	BANTAXHCR

About this page

The lobbying table lists Senate LDA quarterly reports (LD-2) that cite this bill by number and cover a quarter of the 119th Congress. An LD-2 names a bill as “H.R. 1234” with no Congress, so a report on another Congress, which can only concern a different bill with the same number, is left out, even when it was filed after this Congress began. The amount is what the registrant reported for the whole filing, across every issue on it, not spending on this bill. Official actions and the bill summary come from Congress.gov, and votes from the roll-call record. This page no longer pairs the bill with members' stock trades: matching lobbying clients to traded companies by name, and trades to a bill by date, is not something the records establish.