SB505Introduced in the Senate
‘Protect Small Businesses from Excessive Paperwork Act of 2025
Introduced by Tim Scott, District SC
What does this bill do?
Plain-English breakdown
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Official description
A bill to amend title 31, United States Code, to modify the deadline for filing beneficial ownership information reports for reporting companies formed or registered before January 1, 2024.
Where it stands
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
February 11, 2025
How did lawmakers vote?
No recorded vote is available for this bill yet.
What do people think?
Citizen Voice
How would you vote on this bill?
An unofficial public opinion poll. It does not affect the bill or the official vote.
One response per device. Location is self-reported and not verified. Results are informal and not a scientific survey.
Bill history
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Verify the information
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