Protect Small Businesses from Excessive Paperwork Act of 2025
Congress extends deadline to Jan. 1, 2026 for ownership reporting by companies formed before 2024
Stalled
No legislative action in over 90 days.
Legislative Progress
Key Points
- Congress sets a new deadline of January 1, 2026 for certain business ownership reports.
- This applies to companies that were formed or registered before January 1, 2024.
- The change gives older, already-existing businesses more time to file required ownership information.
- If you run a small company, this could mean less paperwork pressure in the short term and more time to gather documents.
Impact Analysis
Personal Impact
How this policy affects specific groups of people
Milestones
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Sent to a congressional committee for expert review. The committee decides whether this bill moves forward.
Motion to reconsider laid on the table Agreed to without objection.
On motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 408 - 0 (Roll no. 37). (text: CR H599)
The House fast-tracked this bill — limited debate, no amendments allowed, but needs two-thirds support to pass.
Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 408 - 0 (Roll no. 37). (text: CR H599)
The House fast-tracked this bill — limited debate, no amendments allowed, but needs two-thirds support to pass.
Considered as unfinished business. (consideration: CR H606)
Vote Results
1 voteOn Motion to Suspend the Rules and Pass
Related News
4 articlesHouse Passes Bill to Extend BOI Reporting Deadline
Covers the House passage of H.R. 736 and explains it would extend the CTA beneficial ownership information (BOI) deadline to Jan. 1, 2026 for companies formed before Jan. 1, 2024.
ABA supports bill to extend BOI reporting deadline
Reports ABA endorsement of the Protect Small Businesses from Excessive Paperwork Act (H.R. 736) after the House vote, highlighting the one-year extension to Jan. 1, 2026.
Corporate Transparency Act still on hold after Supreme Court lifts injunction
Explains the shifting legal landscape around CTA/BOI reporting; provides context for why Congress pursued deadline relief efforts like the paperwork-deadline extension bill.
Source Information
Document Type
Congressional Bill
Official Title
Protect Small Businesses from Excessive Paperwork Act of 2025
Data Sources
Sponsor
Cosponsors
(12)Analysis generated by AI. Always verify with official sources.