FinCEN–SBA Coordination on Beneficial Ownership Registration Act

Hozzl · 2025-07-02T01:20:10Z

Explore the details of House Bill 3829 FinCEN–SBA Coordination on Beneficial Ownership Registration Act currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Commerce. Stay informed on legislative developments.

7/2/2025, 1:20 AM

Summary of Bill HR 3829

H.R. 3829, introduced in the 119th Congress on June 6, 2025, aims to mandate a memorandum of understanding between the Director of the Financial Crimes Enforcement Network and the Administrator of the Small Business Administration to facilitate the sharing of specified information and address additional objectives.

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Current Status of Bill HR 3829

Bill HR 3829 is currently in the status of Bill Introduced since June 6, 2025. Bill HR 3829 was introduced during Congress 119 and was introduced to the House on June 6, 2025. Bill HR 3829's most recent activity was Referred to the Committee on Financial Services, and in addition to the Committee on Small Business, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. as of June 6, 2025

Bipartisan Support of Bill HR 3829

Total Number of Sponsors

Democrat Sponsors

Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

Democrat Cosponsors

Republican Cosponsors

Unaffiliated Cosponsors

Policy Area and Potential Impact of Bill HR 3829

Primary Policy Focus

Commerce

Alternate Title(s) of Bill HR 3829

To require the Director of the Financial Crimes Enforcement Network and the Administrator of the Small Business Administration to enter into a memorandum of understanding to ensure the dissemination of covered information, and for other purposes.