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Repealing Big Brother Overreach Act

Bill Number
S. 100
Origin Chamber
Senate
Congress
119th Congress, Session 1
Policy Area
Finance and Financial Sector
Status
Introduced
Latest Action
2025-01-15: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Last Updated
2025-12-05T22:08:44Z

Official Summary

Repealing Big Brother Overreach Act

This bill repeals the Corporate Transparency Act. The act requires existing companies and newly created companies to report beneficial ownership information to the Department of the Treasury’s Financial Crimes Enforcement Network for purposes of addressing the financing of terrorism and money laundering.

Sponsor

Sen. Tuberville, Tommy [R-AL]

Cosponsors (34)

Sen. Cruz, Ted [R-TX], Sen. Ricketts, Pete [R-NE], Sen. Moreno, Bernie [R-OH], Sen. Lummis, Cynthia M. [R-WY], Sen. Blackburn, Marsha [R-TN], Sen. Boozman, John [R-AR], Sen. Scott, Rick [R-FL], Sen. Sullivan, Dan [R-AK], Sen. Fischer, Deb [R-NE], Sen. Sheehy, Tim [R-MT], Sen. Tillis, Thomas [R-NC], Sen. Budd, Ted [R-NC], Sen. Paul, Rand [R-KY], Sen. Hagerty, Bill [R-TN], Sen. Cramer, Kevin [R-ND], Sen. Hyde-Smith, Cindy [R-MS], Sen. Lankford, James [R-OK], Sen. Marshall, Roger [R-KS], Sen. Schmitt, Eric [R-MO], Sen. Barrasso, John [R-WY], Sen. Daines, Steve [R-MT], Sen. Risch, James E. [R-ID], Sen. Young, Todd [R-IN], Sen. Lee, Mike [R-UT], Sen. McCormick, David [R-PA], Sen. Capito, Shelley Moore [R-WV], Sen. Justice, James C. [R-WV], Sen. Curtis, John R. [R-UT], Sen. Graham, Lindsey [R-SC], Sen. Banks, Jim [R-IN], Sen. Hoeven, John [R-ND], Sen. Britt, Katie Boyd [R-AL], Sen. Husted, Jon [R-OH], Sen. Moody, Ashley [R-FL]

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