Union Calendar No. 609
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119th CONGRESS
2d Session |
[Report No. 119–701]
To repeal the Corporate Transparency Act.
Mr. Davidson (for himself, Mr. Balderson, Mr. Bergman, Mr. Biggs of Arizona, Mr. Buchanan, Mr. Burlison, Mrs. Cammack, Mr. Ciscomani, Mr. Cloud, Mr. Clyde, Mr. Crane, Mr. Dunn of Florida, Mr. Edwards, Mr. Ellzey, Mr. Estes, Mr. Ezell, Mr. Finstad, Mrs. Fischbach, Mr. Fleischmann, Ms. Foxx, Mr. Fulcher, Mr. Graves, Ms. Greene of Georgia, Mr. Grothman, Mr. Guest, Ms. Hageman, Mr. Hern of Oklahoma, Mrs. Houchin, Mr. Hudson, Mr. Johnson of South Dakota, Mr. LaHood, Mr. Langworthy, Ms. Lee of Florida, Ms. Mace, Mr. Moolenaar, Mr. Moore of Alabama, Mr. Norman, Mr. Ogles, Mr. Perry, Mr. Pfluger, Mr. Rose, Mr. Rouzer, Mr. Roy, Mr. Rulli, Mr. Schweikert, Mr. Smith of Missouri, Mr. Smith of Nebraska, Mr. Stauber, Ms. Tenney, Mr. Thompson of Pennsylvania, Mr. Tiffany, Ms. Van Duyne, Mr. Weber of Texas, Mr. Zinke, Mr. Collins, Mr. Bost, Mr. Kelly of Mississippi, Mr. Scott Franklin of Florida, Mr. Bean of Florida, Mr. Stutzman, Mr. Taylor, Mr. Barrett, Mr. Downing, Mr. Gill of Texas, Mr. Yakym, Mr. Van Orden, Mrs. Bice, Mr. Onder, and Mr. Griffith) introduced the following bill; which was referred to the Committee on Financial Services
Additional sponsors: Mr. Murphy, Mrs. Harshbarger, Mr. Allen, Mr. Begich, Mr. Schmidt, Mr. Cole, Mr. Self, Mr. Obernolte, Mr. Crank, Mr. Fallon, Mr. Fry, Mr. Comer, Mr. Palmer, Mr. Bacon, Mr. Gosar, Mr. Nehls, Mr. Webster of Florida, Mr. Kennedy of Utah, Mr. McGuire, Mr. Bilirakis, Mr. Steube, Mrs. Miller-Meeks, Mrs. Kiggans of Virginia, Mr. Strong, Mrs. Miller of West Virginia, Mr. Walberg, Mr. Nunn of Iowa, Mr. Green of Tennessee, Mr. Higgins of Louisiana, Mrs. Hinson, Mr. Goldman of Texas, Mr. Westerman, Mr. Miller of Ohio, Mr. DesJarlais, Mr. Gooden, Mr. Moore of West Virginia, Mr. Newhouse, Mr. Moran, Mr. Moore of North Carolina, Mr. Carter of Texas, Mr. Carey, Mr. Evans of Colorado, Mr. Feenstra, Mr. Donalds, Mr. Shreve, Mr. Mills, Mr. Wied, Ms. Malliotakis, Mr. Latta, Mr. Kelly of Pennsylvania, Mr. Carter of Georgia, Mr. Valadao, Mr. Hunt, Mr. Smucker, Mr. Flood, Mr. Timmons, Mrs. Fedorchak, Mr. Brecheen, Mr. Jackson of Texas, Mr. Alford, Mr. Turner of Ohio, Mr. Amodei of Nevada, Mr. Baird, Mr. Hurd of Colorado, Mr. Sessions, Mr. LaMalfa, Mr. Messmer, Mr. McCormick, Mr. McDowell, Mr. Burchett, Mr. Tony Gonzales of Texas, Mr. Hamadeh of Arizona, Ms. Maloy, Mrs. Miller of Illinois, Mr. Harris of Maryland, Mr. Bresnahan, Mr. Jordan, Mr. Patronis, Mr. Harris of North Carolina, Mr. Owens, Ms. Boebert, Mr. Jack, Mr. Kustoff, Mr. Simpson, Mr. Huizenga, Mr. Arrington, Mr. Mackenzie, Mr. Wittman, Mr. Lawler, Mr. Barr, Mr. Rogers of Kentucky, Mr. Fine, Mr. Joyce of Ohio, Mr. Joyce of Pennsylvania, Mr. Mann, Ms. Letlow, Mr. Rogers of Alabama, Mr. Guthrie, Mr. Fong, Mr. Babin, Mr. Aderholt, Mrs. Biggs of South Carolina, Mr. Cline, Mr. McCaul, Mr. LaLota, Mr. Van Drew, Mr. Moore of Utah, Ms. Salazar, Mrs. Luna, Ms. Stefanik, Mr. Wilson of South Carolina, Mr. Bentz, Mr. Massie, Mr. Calvert, Mr. Kean, Mr. Baumgartner, Mr. Austin Scott of Georgia, Mr. Issa, Mr. Meuser, Mr. Rutherford, Mr. Mast, Ms. De La Cruz, Mr. Gimenez, Mr. Harrigan, and Mr. Knott
Reported with an amendment, committed to the Committee of the Whole House on the State of the Union, and ordered to be printed
[Strike out all after the enacting clause and insert the part printed in italic]
[For text of introduced bill, see copy of bill as introduced on January 15, 2025]
To repeal the Corporate Transparency Act.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SEC. 2. Beneficial ownership information reporting requirements.
(a) In general.—Section 5336 of title 31, United States Code, is amended—
(2) by inserting “foreign” after “beneficial” each place such term appears in heading or text (and conforming the item relating to such section 5336 in the table of contents for chapter 53 of title 31, United States Code, accordingly); and
(b) Deletion of data relating to non-reporting companies.—Not later than 90 days after the date of enactment of this Act, the Financial Crimes Enforcement Network shall delete all beneficial ownership information collected pursuant to section 5336 of title 31, United States Code, with respect to—
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Union Calendar No. 609 |
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[Report No. 119–701]
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A BILL
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To repeal the Corporate Transparency Act.
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June 18, 2026
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Reported with an amendment, committed to the Committee of the Whole House on the State of the Union, and ordered to be printed
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