Repealing Big Brother Overreach Act

Ordered to be Reported by the Yeas and Nays: 26 - 25.

2026-04-21

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.