H.R. 736 — Referred from Senate

IIB 119th CONGRESS 1st Session H. R. 736 IN THE SENATE OF THE UNITED STATES February 11, 2025 Received; read twice and referred to the Committee on Banking, Housing, and Urban Affairs AN ACT 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. 1. Short title This Act may be cited as the Protect Small Businesses from Excessive Paperwork Act of 2025. 2. Modification to filing deadline for certain pre-existing reporting companies Section 5336(b)(1)(B) of title 31, United States Code, is amended by striking before the effective date of the regulations prescribed under this subsection shall, in a timely manner, and not later than 2 years after the effective date of the regulations prescribed under this subsection, and inserting before January 1, 2024, shall, not later than January 1, 2026,. Passed the House of Representatives February 10, 2025.Kevin F. McCumber,Clerk.