Many companies would no longer have to report their real owners to the federal government. The bill wipes out the Corporate Transparency Act and removes its related penalties and legal cross-references.
Modern Action explains legislation in plain English, helps you choose whether to support, oppose, or ask for changes, and drafts a message tied to the bill, your stance, and the elected officials who can act on it.
Repealing Big Brother Overreach Act is a Senate bill in committee. The latest recorded action: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Latest action on S. 100: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Who this affects: This bill mainly affects small businesses and other companies that now have to file ownership reports under the Corporate Transparency Act. It also affects Treasury Department offices and law enforcement groups that collect, keep, or use that ownership data. Banks and other firms covered by separate anti-money laundering rules are less directly affected because those other rules would stay in place.
Why this matters: This matters because it would stop a federal system meant to show who really owns certain companies. For businesses, that could mean less paperwork, fewer filing mistakes, and less risk of CTA penalties. For investigators, it could mean less direct access to ownership information that may help in money laundering and other financial crime cases. The bill keeps other anti-money laundering laws in place, but it removes this specific transparency tool.
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Officially: Repealing Big Brother Overreach Act
Many companies would no longer have to report their real owners to the federal government. The bill wipes out the Corporate Transparency Act and removes its related penalties and legal cross-references.
Use this page to support, oppose, or ask Congress to amend S100. Modern Action explains Repealing Big Brother Overreach Act 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 Senate
Senate Committee
Under Senate committee consideration
Latest: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (1/15/2025)
Senate Floor Vote
Voted on by Senate
Passed Senate
Approved by Senate
House Review
Sent to House for consideration
Passed Both Chambers
Approved by both House and Senate
Signed into Law
Signed by the President
For more detail
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This page gives you an opportunity to support, oppose, or ask for changes to Repealing Big Brother Overreach Act, 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 S100, your stance, and the reasons you choose, then lets you edit and send when ready.
