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Senate Bill

S. 100

119th Congress

Repealing Big Brother Overreach Act

In Committee
Introduced:Jan 15, 2025

Primary Sponsor

Tommy Tuberville

Tommy Tuberville

Senator

Republican
AL

Cosponsors

34

Quick Stats

Policy Area

Finance and Financial Sector

Summary

This bill repeals the Corporate Transparency Act, eliminating the requirement for companies to report beneficial ownership information to the Treasury Department Financial Crimes Enforcement Network, which was enacted to combat money laundering and terrorism financing.

Latest Action

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

SponsorTommy Tuberville (R-AL)
Introduced1/15/2025
StatusRead twice and referred to the Committee on Banking, Housing, and Urban Affairs.
ChamberSenate
Data from Congress.gov

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Vote Prediction

Repealing Big Brother Overreach Act

This bill repeals the Corporate Transparency Act, eliminating the requirement for companies to report beneficial ownership information to the Treasury Department Financial Crimes Enforcement Network, which was enacted to combat money laundering and terrorism f

Community Breakdown

Pass

0%

Fail

0%

0 predictions

This bill repeals the Corporate Transparency Act, eliminating the requirement for companies to report beneficial ownership information to the Treasury Department Financial Crimes Enforcement Network, which was enacted to combat money laundering and terrorism financing.

Bill Number
100
Sponsor
Tommy Tuberville (R-AL)
Introduced
1/15/2025
Status
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Policy Area
Finance and Financial Sector

Data from Congress.gov

AI-generated summary

Fact Sheet

Title
Repealing Big Brother Overreach Act
Bill Number
100
Sponsor
Tommy Tuberville (R-AL)
Status
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Introduced
1/15/2025
Summary
This bill repeals the Corporate Transparency Act, eliminating the requirement for companies to report beneficial ownership information to the Treasury Department Financial Crimes Enforcement Network, which was enacted to combat money laundering and terrorism financing.

Data from Congress.gov

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