HR 8147
Repealing Big Brother Overreach Act
Take action
Record your position on this measure.
Sign in to record your position, submit testimony, or contact your legislator.
Sign in to take action- Introduced
- Passed House
- Passed Senate
- To President
- Became Law
Bill overview
This bill seeks to repeal the Corporate Transparency Act, which required companies to report beneficial ownership information to the Treasury Department. Supporters of the repeal argue that the act imposes unnecessary burdens and privacy concerns on businesses. The bill would remove the requirements for companies to disclose their ownership details, effectively undoing the provisions of the Corporate Transparency Act. This action aims to reduce compliance costs and potential privacy risks for businesses.
Sponsors
Official sponsors from legislative records.
Primary sponsor
Cosponsors
Alexander X. Mooney
Arguments in favor
Reasons to support this legislation.
No arguments in favor have been submitted.
Submit yoursArguments opposed
Reasons to oppose this legislation.
No arguments opposed have been submitted.
Submit yoursRead the latest version inline or switch to a previous version.