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HR736FEDERALSession 119Federal Billpassed chamber

Passed

Protect Small Businesses from Excessive Paperwork Act of 2025

Last action · February 11, 2025: Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.Sponsors: Zachary Nunn and 12 others

Bill progressHistory & official text ↓

Introduced

Committee

Floor Vote

Passed

Law

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What This Bill Would Do

This bill proposes extending the deadline for certain small businesses to file reports with the federal government. Specifically, it sets a new deadline of January 1, 2026, for companies formed or registered before January 1, 2024.

Why it matters

Small businesses formed before 2024 that are required to report would have until January 1, 2026, to comply with federal filing requirements under this bill.

Who It Would Affect

Groups the bill's text would affect if enacted, as described in the record. Being affected is not a position for or against it.

Directly affected

Small business owners

Businesses formed before 2024 would have their deadline for filing beneficial ownership reports adjusted to January 1, 2026.

Directly affected

Financial Crimes Enforcement Network (FinCEN)

The agency responsible for receiving and processing beneficial ownership reports would have its filing deadline enforcement timeline modified.

Key Facts

The bill is titled the 'Protect Small Businesses from Excessive Paperwork Act of 2025'.
It amends Section 5336(b)(1)(B) of title 31, United States Code.
The bill establishes a new filing deadline of January 1, 2026, for beneficial ownership information reports.
This deadline applies specifically to reporting companies formed or registered before January 1, 2024.

Frequently Asked Questions

Who does this bill affect?

It affects reporting companies that were formed or registered before January 1, 2024.

What is the new deadline proposed by this bill?

The bill proposes a deadline of January 1, 2026, for filing .

What else do you want to know?

News Coverage

No news coverage found yet. Articles are indexed twice daily.

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Votes, people, money & the original source

Where This Stands

Currently passed chamber. The next step in the legislative lifecycle is Law.

Procedural history

11 actions

Feb 11, 2025SenateCommittee
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Feb 10, 2025House
Motion to reconsider laid on the table Agreed to without objection.
Feb 10, 2025HouseFloor
On motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 408 - 0 (Roll no. 37). (text: CR H599)
Feb 10, 2025HouseFloor
Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 408 - 0 (Roll no. 37). (text: CR H599)
Feb 10, 2025House
Considered as unfinished business. (consideration: CR H606)
Feb 10, 2025House
At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.

Show 5 earlier actions

Feb 10, 2025House
DEBATE - The House proceeded with forty minutes of debate on H.R. 736.
Feb 10, 2025House
Considered under suspension of the rules. (consideration: CR H599-601)
Feb 10, 2025House
Mr. Hill (AR) moved to suspend the rules and pass the bill.
Jan 24, 2025HouseCommittee
Referred to the House Committee on Financial Services.
Jan 24, 2025HouseIntroduced
Introduced in House

Version history

Only one version on file - nothing to compare yet. As later stages (committee substitute, engrossed, enrolled) are captured, the redline appears here.

View official text →

Voting Record

Outcome not reportedHouse2/10/2025Voteview

Total

408

Yes: 408
No: 0
Present: 0
Not voting: 0
Abstain: 0

How they voted (408)

384 more members

Monica De La CruzRyes

Christopher SmithRyes

Raja KrishnamoorthiDyes

Ritchie TorresDyes

Kristen McDonald RivetDyes

John RutherfordRyes

Christopher DeluzioDyes

Marilyn StricklandDyes

Michael McCaulRyes

Emily RandallDyes

Randy WeberRyes

Brian FitzpatrickRyes

April McClain DelaneyDyes

Bradley SchneiderDyes

Sydney Kamlager-DoveDyes

Charles FleischmannRyes

Mario Diaz-BalartRyes

Michelle FischbachRyes

Richard NealDyes

Mariannette Miller-MeeksRyes

Maggie GoodlanderDyes

Richard McCormickRyes

Adriano EspaillatDyes

Bonnie Watson ColemanDyes

Nicholas LangworthyRyes

Janice SchakowskyDyes

Jefferson Van DrewRyes

Jennifer McClellanDyes

Debbie Wasserman SchultzDyes

Rashida TlaibDyes

W. SteubeRyes

Derrick Van OrdenRyes

Melanie StansburyDyes

Michael BaumgartnerRyes

Diana HarshbargerRyes

Anna Paulina LunaRyes

George WhitesidesDyes

Dale StrongRyes

Darin LaHoodRyes

Guy ReschenthalerRyes

Sheila Cherfilus-McCormickDyes

Brendan BoyleDyes

Suhas SubramanyamDyes

John CarterRyes

Full roll-call analysis →

Full breakdown

Who this bill affects and the strongest case for and against it, written only from the bill’s own text.

Discoveries

1 pattern noticed across the record

Patterns POLISCOPE noticed across the record. These are observations to investigate, not conclusions.

policy shift100% confidence

Deadline Extension

The bill represents a legislative effort to provide more time for compliance with beneficial ownership reporting requirements established in Title 31.

H.R. 736

Connected Entities

Mr. Emmer, Mr. Nunn, Ms. Davids and 2 more

PersonMr. Emmer“Representative who co-sponsored the bill.”Map →

PersonMr. Nunn“Representative from Iowa who introduced the bill.”Map →

PersonMs. Davids“Representative from Kansas who co-sponsored the bill.”Map →

PersonMr. Davis“Representative from North Carolina who co-sponsored the bill.”Map →

OrganizationHouse Financial Services Committee“The House committee to which the bill was referred.”Map →

Sources

Open source document

www.congress.gov

Analysis Score

0–100

Significance60
How much this matters to a regular citizen
Controversy20
Intensity of disagreement among stakeholders
Entertainment5
Compellingness for a non-policy-wonk reader
Buzz30
Current news / social attention level

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