Bill · H.R. 736· House(119-HR-736)
Protect Small Businesses from Excessive Paperwork Act of 2025
- 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
- - 10 - 2
- Introduced
- Passed House
- 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”
Who it would affect, and how
Potential Positive Impacts for People
- Modified Filing Deadline: Section 2 sets a clear deadline of January 1, 2026, for reporting companies formed or registered before January 1, 2024, to file their beneficial ownership information reports. This provides a specific date for compliance.
Potential Negative Impacts for People
- No negative impacts for people are explicitly mentioned in the provided text.
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Hover a score for the reason it gave.
- Demographic And Interest Groups
- Good For Business Owners+5
- Economy And Finance
- Improves Small Business Support+5
- 2/11/2025
- Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- 2/10/2025
- Motion to reconsider laid on the table Agreed to without objection.
- 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)
- 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)
- Considered as unfinished business. (consideration: CR H606)
- 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.
- DEBATE - The House proceeded with forty minutes of debate on H.R. 736.
- Considered under suspension of the rules. (consideration: CR H599-601)
- Mr. Hill (AR) moved to suspend the rules and pass the bill.
- 2/7/2025
- 2 Cosponsors added.
- 2/6/2025
- 1 Cosponsor added.
- 2/5/2025
- 1 Cosponsor added.
- 2/4/2025
- 3 Cosponsors added.
- 1/28/2025
- 2 Cosponsors added.
- 1/24/2025
- Referred to the House Committee on Financial Services.
- 3 Cosponsors added.
- Introduced in House
One bill Congress.gov lists as related to this one — companions in the other chamber, earlier versions, and bills this one absorbed or was folded into.
Andy BarrRepublican · Kentucky
Donald DavisDemocrat · North Carolina
Monica De La CruzRepublican · Texas
Sharice DavidsDemocrat · Kansas
Troy DowningRepublican · Montana
Tom EmmerRepublican · Minnesota
Michelle FischbachRepublican · Minnesota
Bill HuizengaRepublican · Michigan
Daniel MeuserRepublican · Pennsylvania
Maria SalazarRepublican · Florida
Marlin StutzmanRepublican · Indiana
Bryan SteilRepublican · Wisconsin