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HR 425·Federal·house

Repealing Big Brother Overreach Act

Floor Vote ScheduledFiled Jan 15, 2025
Sponsor: Rep. Davidson, Warren [R-OH-8] (R)
Latest Action

Placed on the Union Calendar, Calendar No. 609.

Jun 18, 2026

Summary

The Repealing Big Brother Overreach Act eliminates the Corporate Transparency Act, which currently forces many companies to disclose their owners to the federal government. By removing those disclosure rules, the bill affects corporations, financial institutions, and the agencies that enforce anti‑money‑laundering laws. Supporters say it curtails government overreach; opponents warn it could reduce transparency in financial transactions.

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