RepublicanBill · H.R. 736· House(119-HR-736)

Protect Small Businesses from Excessive Paperwork Act of 2025

Rep. Nunn
Age: 47 years
Iowa
Introduced
1/24/2025
Last activity
2/11/2025 — Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Sponsored by
Zachary Nunn
Cosponsors
Republican - 10Democrat - 2
Finance and Financial Sector
  1. Introduced
  2. Passed House
  3. In Senate committee

What this bill would do

This bill is called the "Protect Small Businesses from Excessive Paperwork Act of 2025". Its purpose is to change the deadline for filing beneficial ownership information reports. This specifically applies to reporting companies that were formed or registered before January 1, 2024. Under this act, those companies must file by January 1, 2026.

Yes

  • Would business owners be better off under this?+5

    This bill is good for business owners, especially small business owners, because it extends the deadline for filing beneficial ownership information reports which gives them more time to comply and reduce paperwork.

  • Does this make it easier to run a small business?+5

    By extending the deadline for filing beneficial ownership information reports, this bill provides small businesses with more time to comply with regulations, which could reduce immediate burdens.

The opposite

No question was scored the opposite.

What Congress actually voted on

One recorded vote has been taken on this bill.

  • The House: a fast-track vote, needing two-thirds to passPassed 408–0

    The House sets aside its normal procedure to move quickly: no amendments, little debate, and a two-thirds bar instead of a simple majority. It is used for measures expected to be uncontroversial, so a bill that fails here failed despite broad expectations that it would not.

    02/10/2025 · Roll call 37 · recorded as “On Motion to Suspend the Rules and Pass”