SENATE 505119th CongressReferred to the Committee on the Judiciary. (text: CR S8243)
A resolution recognizing the success of the Memphis Safe Task Force.
- Last Action
- 11/19/2025
Actions
- 2025-02-11Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- 2025-02-11Introduced in Senate
CRS Summary
As of 2025-02-11 (00)
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.
Cosponsors (12)
- Mike Rounds (R-SD)
- Jerry Moran (R-KS)
- Bill Hagerty (R-TN)
- Pete Ricketts (R-NE)
- James Lankford (R-OK)
- Kevin Cramer (R-ND)
- Cynthia Lummis (R-WY)
- Katie Britt (R-AL)
- Thomas Tillis (R-NC)
- Jim Banks (R-IN)
- Bernie Moreno (R-OH)
- Mike Crapo (R-ID)
Subjects
- Business records
- Corporate finance and management
- Licensing and registrations
- Small business
Sourced from Congress.gov (public domain).
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