US Federal 2025-2026 Regular Session

US Federal Senate Bill SB505

Introduced
2/11/25  

Caption

‘Protect Small Businesses from Excessive Paperwork Act of 2025

Congress_id

119-S-505

Policy_area

Finance and Financial Sector

Introduced_date

2025-02-11

Companion Bills

US HB736

Identical bill Protect Small Businesses from Excessive Paperwork Act of 2025This bill extends the deadline for certain companies that are required to file beneficial ownership information with the Financial Crimes Enforcement Network (FinCEN). Specifically, the bill requires companies formed or registered before January 1, 2024, to submit this information to FinCEN by January 1, 2026, instead of by January 1, 2025, as required under current regulations.

Previously Filed As

US HB736

Protect Small Businesses from Excessive Paperwork Act of 2025This bill extends the deadline for certain companies that are required to file beneficial ownership information with the Financial Crimes Enforcement Network (FinCEN). Specifically, the bill requires companies formed or registered before January 1, 2024, to submit this information to FinCEN by January 1, 2026, instead of by January 1, 2025, as required under current regulations.

US HB941

Small LENDER Act Small Lenders Exempt from New Data and Excessive Reporting Act

US SB2486

Protecting Access to Credit for Small Businesses Act

US S2421

Suspends fines for certain first-time paperwork violations committed by small businesses.

US A1480

Suspends fines for certain first-time paperwork violations committed by small businesses.

US SB2571

Farmworker Smoke and Excessive Heat Protection Act of 2025

US SB2818

Tax Excessive CEO Pay Act of 2025

US HB7328

Protecting Small Businesses from Predatory Website Lawsuits Act

US HB5298

Tax Excessive CEO Pay Act of 2025

US HB4844

Farmworker Smoke and Excessive Heat Protection Act of 2025

Similar Bills

No similar bills found.