Protect Small Businesses from Excessive Paperwork Act of 2025
Latest action (Feb 11, 2025) — Received in the Senate and Read twice and on Banking, Housing, and Urban Affairs.
What it does
Congressional Research Service, Jan 24, 2025This 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.
Face Value
as passed the HouseHow much of this bill its name accounts for.
- Every bill starts at100
- Nothing counted against it: one area of law, and short enough that length doesn't register.
Face Value measures reach, not honesty. A big bill can be accurately named, and a low score is not an accusation — it means the contents reach further than any short title could describe. Count it yourself ↗ How this is worked out
What Congress did
1 recordedOn decisive vote
House · Feb 10, 2025
A fast-track vote: no amendments, short debate, and two thirds needed to pass. Used for bills expected to be uncontroversial.
Who lobbied on this
3 organizationsThese organizations told Congress, in their own quarterly disclosures, that they were lobbying on this bill.
- American Family Mutual Insurance Company, S.i.no position stated
“…implement certain recommendations made by the Comptroller General with respect to disaster recovery, and for other purposes. (Sara Jacobs, D-CA-51) H.R.736 - To amend title 31, United States Code, to modify the deadline for filing beneficial ownership information reports for reporting companies…” filing ↗
- National Association of Mutual Insurance Companiesno position stated
“H.R.736 - To amend title 31, United States Code, to modify the deadline for filing beneficial ownership information reports for reporting companies…” filing ↗
- National Beer Wholesalers Associationno position stated
“Issues related to legal banking and effective regulation for cannabis products. H.R. 736/S. 505, Protect Small Business From Excessive Paperwork…” filing ↗
Most filings say only that an organization lobbied on a bill, not which side it took — where that's the case we say so rather than guessing. Quotes are verbatim from the filing. How this is built.
Discussion
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