What does Preamble of Repealing Big Brother Overreach Act do?

This bill aims to repeal the Corporate Transparency Act. The bill was introduced in the House of Representatives. It was reported with an amendment and committed to the Committee of the Whole House on the State of the Union.

What does SHORT TITLE. of Repealing Big Brother Overreach Act do?

This bill is formally titled the 'Repealing Big Brother Overreach Act'.

What does BENEFICIAL OWNERSHIP INFORMATION REPORTING REQUIREMENTS. of Repealing Big Brother Overreach Act do?

This section amends Section 5336 of title 31, United States Code The amendment involves inserting 'foreign' after 'Beneficial' and 'beneficial' in headings and text

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Repealing Big Brother Overreach Act

Last updated: 6/18/2026 · Introduced: 1/15/2025

Author: Warren Davidson (R-OH)

TL;DR (AI)

This bill seeks to repeal the Corporate Transparency Act, which requires reporting of beneficial ownership information.
The bill amends existing law to specify reporting requirements for 'foreign beneficial' ownership information.
The bill is formally designated as the 'Repealing Big Brother Overreach Act'.

119th Congressin committeeOfficial page

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Other Sections

Includes provisions on preamble, short title., and 1 more.

3 sections

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