119 HR 736 IH: Protect Small Businesses from Excessive Paperwork Act of 2025 U.S. House of Representatives 2025-01-24 text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.

I119th CONGRESS1st SessionH. R. 736IN THE HOUSE OF REPRESENTATIVESJanuary 24, 2025Mr. Nunn of Iowa (for himself, Ms. Davids of Kansas, Mr. Emmer, and Mr. Davis of North Carolina) introduced the following bill; which was referred to the Committee on Financial ServicesA BILLTo 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,.