{"format":1,"id":"119-hr-736","congress":119,"number":"H.R. 736","kind":"bill","group":"bills","title":"Protect Small Businesses from Excessive Paperwork Act of 2025","title_source":"Short Title(s) as Passed House","official_title":"To amend title 31, United States Code, to modify the deadline for filing beneficial ownership information reports for reporting companies formed or registered before January 1, 2024.","titles":[{"type":"Official Title as Introduced","title":"To amend title 31, United States Code, to modify the deadline for filing beneficial ownership information reports for reporting companies formed or registered before January 1, 2024."},{"type":"Official Title from EH (Engrossed in House) bill text","title":"To amend title 31, United States Code, to modify the deadline for filing beneficial ownership information reports for reporting companies formed or registered before January 1, 2024."},{"type":"Short Titles from RFS (Referred to Senate) bill text","title":"Protect Small Businesses from Excessive Paperwork Act of 2025"},{"type":"Short Title(s) as Passed House","title":"Protect Small Businesses from Excessive Paperwork Act of 2025"},{"type":"Display Title","title":"Protect Small Businesses from Excessive Paperwork Act of 2025"},{"type":"Short Title(s) as Introduced","title":"Protect Small Businesses from Excessive Paperwork Act of 2025"}],"outcome":"passed_house","law_number":null,"introduced":"2025-01-24","chambers":{"house":{"status":"roll_call","date":"2025-02-10","vote":{"id":"119-2025-h37","question":"On Motion to Suspend the Rules and Pass","title":"Protect Small Businesses from Excessive Paperwork Act","result":"Passed","yea":408,"nay":0,"present":0,"not_voting":25,"source":"https://clerk.house.gov/evs/2025/roll037.xml"}},"senate":{"status":"pending","date":null,"vote":null}},"president":{"status":"not_yet","date":null},"vice_president_tie_breaker":null,"latest_action":{"text":"Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.","date":"2025-02-11"},"nominees":null,"amendments":[],"other_votes":[],"crs_summary":{"date":"2025-01-24","stage":"Introduced in House","blocks":[{"k":"h","t":"Protect Small Businesses from Excessive Paperwork Act of 2025"},{"k":"p","t":"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."}],"words":65},"summary":{"main_subject":{"text":"Changes the deadline in title 31, United States Code, for filing beneficial ownership information reports for reporting companies formed or registered before January 1, 2024, to not later than January 1, 2026.","cites":[{"label":"Sec. 2","href":"https://www.congress.gov/bill/119th-congress/house-bill/736/text/eh#HFF792748D93342828156EFCD2A40840E"}]},"core_areas":["Beneficial ownership information report filing deadline for reporting companies formed or registered before January 1, 2024"],"what_it_does":[{"text":"Amends section 5336(b)(1)(B) of title 31, United States Code, to change the filing deadline for reporting companies formed or registered before a set date.","cite":{"label":"Sec. 2","href":"https://www.congress.gov/bill/119th-congress/house-bill/736/text/eh#HFF792748D93342828156EFCD2A40840E"}},{"text":"Replaces the deadline of not later than 2 years after the effective date of the regulations with a deadline of not later than January 1, 2026.","cite":{"label":"Sec. 2","href":"https://www.congress.gov/bill/119th-congress/house-bill/736/text/eh#HFF792748D93342828156EFCD2A40840E"}},{"text":"Replaces the reference to companies formed or registered before the effective date of the regulations with a reference to companies formed or registered before January 1, 2024.","cite":{"label":"Sec. 2","href":"https://www.congress.gov/bill/119th-congress/house-bill/736/text/eh#HFF792748D93342828156EFCD2A40840E"}},{"text":"Sets the short title of the Act as the \"Protect Small Businesses from Excessive Paperwork Act of 2025\".","cite":{"label":"Sec. 1","href":"https://www.congress.gov/bill/119th-congress/house-bill/736/text/eh#HD81197828A874CFDA1A59C45136ED191"}}],"unexpected":[],"version":{"type":"Engrossed in House","date":"2025-02-10","rule":"passed","href":"https://www.congress.gov/bill/119th-congress/house-bill/736/text/eh"},"current":true,"model":"claude-sonnet-5-5","approved":"2026-09-29","approved_by":"checks"},"sources":{"congress_gov":"https://www.congress.gov/bill/119th-congress/house-bill/736","text":"https://www.congress.gov/bill/119th-congress/house-bill/736/text"},"card":{"image":"card/item/119-hr-736.png","v":"fa8144011b85","alt":"Votes on Record. H.R. 736, 119th Congress: Protect Small Businesses from Excessive Paperwork Act of 2025. House: 408 Yea, 0 Nay. Senate: not yet considered. Outcome: Passed House, 10 Feb 2025."}}