S. 505 Introduced Finance and Financial Sector

‘Protect Small Businesses from Excessive Paperwork Act of 2025

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.

  1. Introduced
  2. Committee
  3. Passed Senate
  4. Passed House
  5. To President
  6. Became law
Sponsor Sen. Scott, Tim [R-SC] Introduced February 11, 2025 Cosponsors 12 (12 R) Latest action February 11, 2025

Summary

The Congressional Research Service has not published a summary of this bill yet.

Congress.gov

Actions

  1. Feb 11, 2025 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
  2. Feb 11, 2025 Introduced in Senate

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