Companies formed or registered before 2024 would get until January 1, 2026, to file their first ownership report. The bill changes the deadline only. It does not change who must report or what they must report.
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Protect Small Businesses from Excessive Paperwork Act of 2025 is a Senate bill in committee. The latest recorded action: Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Latest action on H.R. 736: Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Who this affects: This bill mainly affects companies that existed before January 1, 2024, and must file ownership reports. Many small and closely held businesses would get more time to prepare their first filing. Federal agencies and law enforcement would also be affected because they would wait longer for full ownership records from older companies.
Why this matters: This bill matters because it would ease a near-term paperwork deadline for many existing companies, while delaying some information the government wants for financial crime enforcement. Businesses may get more time to avoid mistakes and late filings. Agencies may have to wait longer to see a fuller picture of who owns older companies. The bill does not end the reporting requirement, so the long-term duty to file would remain.
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Officially: Protect Small Businesses from Excessive Paperwork Act of 2025
Companies formed or registered before 2024 would get until January 1, 2026, to file their first ownership report. The bill changes the deadline only. It does not change who must report or what they must report.
Use this page to support, oppose, or ask Congress to amend H.R.736. Modern Action explains Protect Small Businesses from Excessive Paperwork Act of 2025 in plain English, helps identify the right senators or representative, and drafts a bill-specific message you can edit and send.
Where it stands
Sitting in Banking
No vote scheduled. Constituent contact is what moves bills out of committee.
↓ Why your message matters here
This bill is sitting in committee with no scheduled vote — which means a small number of constituent messages can decide whether it moves forward or quietly dies.
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The debate
Where this bill is in the process
Introduced
Introduced in House
House Committee
Under House committee consideration
House Floor Vote
Voted on by House
Passed House
Approved by House
Senate Review
Sent to Senate for consideration
Latest: Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (2/11/2025)
Passed Both Chambers
Approved by both House and Senate
Signed into Law
Signed by the President
For more detail
Choose one clear position: support, oppose, or amend. Then pick any reasons or personal context you want included. Modern Action uses that input and the bill context to draft a message you can edit and send.
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The draft includes the bill number, your position, the reasons you selected, any personal context you added, and a direct ask such as voting yes, voting no, cosponsoring, opposing, or seeking changes. You stay in control because you can edit the message before sending.
This page gives you an opportunity to support, oppose, or ask for changes to Protect Small Businesses from Excessive Paperwork Act of 2025, then contact the elected officials who can act. Modern Action drafts the message from your position and the reasons you select.
Modern Action keeps the action tied to the bill itself: what it would do, where it is in the process (committee), which office can still act, and what ask belongs in the message.
You are not starting from a blank form. Modern Action drafts the message around H.R.736, your stance, and the reasons you choose, then lets you edit and send when ready.