I 
119TH CONGRESS 
1ST SESSION 
H. R. 425 
To repeal the Corporate Transparency Act. 
IN THE HOUSE OF REPRESENTATIVES 
JANUARY 15, 2025 
Mr. DAVIDSON (for himself, Mr. BALDERSON, Mr. BERGMAN, Mr. BIGGS of 
Arizona, Mr. BUCHANAN, Mr. BURLISON, Mrs. CAMMACK, Mr. 
CISCOMANI, Mr. CLOUD, Mr. CLYDE, Mr. CRANE, Mr. DUNN of Florida, 
Mr. EDWARDS, Mr. ELLZEY, Mr. ESTES, Mr. EZELL, Mr. FINSTAD, Mrs. 
FISCHBACH, Mr. FLEISCHMANN, Ms. FOXX, Mr. FULCHER, Mr. GRAVES, 
Ms. GREENE of Georgia, Mr. GROTHMAN, Mr. GUEST, Ms. HAGEMAN, 
Mr. HERN of Oklahoma, Mrs. HOUCHIN, Mr. HUDSON, Mr. JOHNSON of 
South Dakota, Mr. LAHOOD, Mr. LANGWORTHY, Ms. LEE of Florida, 
Ms. MACE, Mr. MOOLENAAR, Mr. MOORE of Alabama, Mr. NORMAN, Mr. 
OGLES, Mr. PERRY, Mr. PFLUGER, Mr. ROSE, Mr. ROUZER, Mr. ROY, 
Mr. RULLI, Mr. SCHWEIKERT, Mr. SMITH of Missouri, Mr. SMITH of Ne-
braska, Mr. STAUBER, Ms. TENNEY, Mr. THOMPSON of Pennsylvania, 
Mr. TIFFANY, Ms. VAN DUYNE, Mr. WEBER of Texas, Mr. ZINKE, Mr. 
COLLINS, Mr. BOST, Mr. KELLY of Mississippi, Mr. SCOTT FRANKLIN 
of Florida, Mr. BEAN of Florida, Mr. STUTZMAN, Mr. TAYLOR, Mr. BAR-
RETT, Mr. DOWNING, Mr. GILL of Texas, Mr. YAKYM, Mr. VAN ORDEN, 
Mrs. BICE, Mr. ONDER, and Mr. GRIFFITH) introduced the following bill; 
which was referred to the Committee on Financial Services 
A BILL 
To repeal the Corporate Transparency Act. 
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled, 
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SECTION 1. SHORT TITLE. 
This Act may be cited as the ‘‘Repealing Big Brother 
Overreach Act’’. 
SEC. 2. REPEAL. 
(a) IN GENERAL.—The Corporate Transparency Act 
(title LXIV of division F of the William M. (Mac) Thorn-
berry National Defense Authorization Act for Fiscal Year 
2021 (Public Law 116–283; 134 Stat. 4604)) and the 
amendments made by that Act are repealed. 
(b) TECHNICAL AND CONFORMING AMENDMENTS.— 
(1) Title 31, United States Code, is amended— 
(A) in section 5321(a)— 
(i) in paragraph (1), by striking ‘‘sec-
tions 5314, 5315, and 5336’’ each place 
the term appears and inserting ‘‘sections 
5314 and 5315’’; and 
(ii) in paragraph (6), by striking ‘‘(ex-
cept section 5336)’’ each place the term 
appears; and 
(B) in section 5322, by striking ‘‘section 
5315, 5324, or 5336’’ each place the term ap-
pears and inserting ‘‘section 5315 or 5324’’. 
(2) Title LXV of the Anti-Money Laundering 
Act of 2020 (division F of the of the William M. 
(Mac) Thornberry National Defense Authorization 
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Act for Fiscal Year 2021 (Public Law 116–283; 134 
Stat. 4604)) is amended— 
(A) by repealing section 6502 (134 Stat. 
4626); and 
(B) in section 6509 (134 Stat. 4633)— 
(i) by striking ‘‘(a) IN GENERAL.— 
Subsection (l)’’ and inserting ‘‘Subsection 
(l)’’; and 
(ii) by striking subsection (b). 
Æ 
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