Repealing Big Brother Overreach Act

Finance and Financial Sector
house
senate
president

Introduced on April 29, 2024 by Warren Davidson

Cosponsors (56)

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    • In section 5321(a), it amends references to include only sections 5314 and 5315, excluding references to the repealed section 5336.
    • In section 5322, it amends references to exclude the repealed section 5336.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