Repealing Big Brother Overreach Act
Finance and Financial Sector
house
senate
president
Introduced on April 29, 2024 by Warren Davidson
Legislation Details
- Repeals the Corporate Transparency Act.
- Cites the act as the “Repealing Big Brother Overreach Act.”
- Removes all amendments made by the Corporate Transparency Act.
- Makes technical and conforming amendments to Title 31, United States Code, specifically:
- In section 5321(a), it amends references to include only sections 5314 and 5315, excluding references to the repealed section 5336.
- In section 5322, it amends references to exclude the repealed section 5336.
- Amends Title LXV of the Anti-Money Laundering Act of 2020 by:
- Repealing section 6502.
- Amending section 6509 to remove subsection (b) and adjust the text regarding subsection (l).
Last updated 10/19/2024