[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 736 Introduced in House (IH)]

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119th CONGRESS
  1st Session
                                H. R. 736

   To 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.


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                    IN THE HOUSE OF REPRESENTATIVES

                            January 24, 2025

Mr. 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 Services

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                                 A BILL


 
   To 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.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Protect Small Businesses from 
Excessive Paperwork Act of 2025''.

SEC. 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,''.
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