Bills · 119th Congress · Finance and Financial Sector

Protect Small Businesses from Excessive Paperwork Act of 2025

Where it stands

  1. Introduced1/24/25
  2. Passed HousePassed 2/10/25
  3. Senate
  4. President
  5. Law

Passed the House 408–0 on February 10, 2025 (Roll Call 37 →). Received in the Senate on February 11, 2025. No Senate action since.

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Roll calls on this bill

Votes on passage
HouseOn Motion to Suspend the Rules and Pass · 2/10/25Suspension of the rulesA fast-track House procedure, usually for measures expected to have broad support. Debate is limited to 40 minutes, no amendments can be offered, and it needs a two-thirds vote of members voting — not a simple majority. A yes vote passes the bill.Rules of the House, Rule XV, clause 1 ↗
Passed
  • Democratic201 Yea · 0 Nay · 14 Not voting
  • Republican207 Yea · 0 Nay · 11 Not voting
  • Independent / Other0 Yea · 0 Nay · 0 Not voting
Official summary (CRS)

Protect Small Businesses from Excessive Paperwork Act of 2025

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.

Full text on congress.gov ↗
Sponsor
Rep. Zachary Nunn ( Republican · IA-3)
Cosponsors
12
Introduced
1/24/25
Policy area
Finance and Financial Sector

What happens next

The Senate must pass the same text, then it goes to the President.

If it isn't enacted by Jan 3, 2027, it expires when the 119th Congress ends.

All actions (11)
  1. 1/24/25Introduced in House
  2. 1/24/25Referred to the House Committee on Financial Services.
  3. 2/10/25Mr. Hill (AR) moved to suspend the rules and pass the bill.
  4. 2/10/25Considered under suspension of the rules. (consideration: CR H599-601)
  5. 2/10/25DEBATE - The House proceeded with forty minutes of debate on H.R. 736.
  6. 2/10/25At 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.
  7. 2/10/25Considered as unfinished business. (consideration: CR H606)
  8. 2/10/25Passed/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)
  9. 2/10/25On 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)
  10. 2/10/25Motion to reconsider laid on the table Agreed to without objection.
  11. 2/11/25Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.