HR 425: Repealing Big Brother Overreach Act

Congress: 119 · Status: active · Israel/Palestine classification: pro-Israel

Data (JSON) — machine-readable record of this bill (identifiers, sponsor, classification, actions, and the member-by-member vote breakdown).

Official record on Congress.gov — full text, actions, and cosponsor history for HR 425.

Sponsor: Davidson, Warren (R-Ohio)

Summary

Repealing Big Brother Overreach Act This bill repeals the Corporate Transparency Act. The act requires existing companies and newly created companies to report beneficial ownership information to the Department of the Treasury’s Financial Crimes Enforcement Network for purposes of addressing the financing of terrorism and money laundering.

Editorial Explainer

This bill repeals the Corporate Transparency Act, which currently requires U.S. companies to disclose who actually owns them to a Treasury Department agency. The disclosure requirement was designed to prevent terrorist financing and money laundering by making corporate ownership more transparent.

Why it matters

VoteLog's classification reflects institutional voting patterns: pro-Israel lawmakers have consistently opposed corporate transparency rules that could expose funding networks for Israeli settlements and military suppliers. Repealing beneficial ownership disclosures reduces Treasury's ability to track financial flows to these entities, though the bill's text does not mention Israel or Palestine.

Cosponsors (193)

Data last synced: 2026-10-22.