Dr. Paul, Sen. Tuberville Introduce Legislation to Repeal Corporate Transparency Act, Protect Small Businesses ... Senators Rand Paul (R-KY) and Tommy Tuberville (R-AL) introduced the Repealing Big Brother Overreach Act to repeal the Corporate Transparency Act (CTA) and protect small businesses. ... 'The CTA’s authoritarian tactics must be repealed. I am proud to support the Repealing Big Brother Overreach Act.'
Sponsor and advocate for legislation to repeal the Corporate Transparency Act.
Occurrences
Evidence
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Sen. Paul’s office said Paul and Tuberville introduced the Repealing Big Brother Overreach Act to repeal the Corporate Transparency Act. Paul said the CTA’s tactics “must be repealed” and that he was proud to support the bill.
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Congress.gov lists S.100, the Repealing Big Brother Overreach Act, as sponsored by Sen. Tommy Tuberville, not Rand Paul, and shows the bill was only introduced and referred to committee.
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The bill text says it was introduced in the Senate on January 15, 2025, and the latest action was referral to the Committee on Banking, Housing, and Urban Affairs; the status remained introduced.
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FinCEN announced a final rule, effective on Federal Register publication, removing beneficial-ownership reporting requirements for U.S. companies and U.S. persons under the Corporate Transparency Act, deleting previously reported U.S.-person data, and retaining reporting only for covered foreign entities and foreign individuals.
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GovInfo lists S. 100, the Repealing Big Brother Overreach Act, as introduced in the Senate on January 15, 2025 with Tommy Tuberville as sponsor, Rand Paul as a cosponsor, and referral to the Senate Banking, Housing, and Urban Affairs Committee.
Assessments
Paul took same-term legislative action toward CTA repeal by backing and publicly advocating the Repealing Big Brother Overreach Act, and official records show him as a cosponsor. However, the Senate bill was sponsored by Tommy Tuberville, not Paul, and it did not advance beyond introduction and committee referral. FinCEN later narrowed CTA beneficial-ownership reporting by rule, but that was not Paul-sponsored repeal legislation and did not fully repeal the statute. This supports partial credit with an effort badge rather than full delivery.
Paul publicly advocated for repealing the Corporate Transparency Act and his office announced that he and Sen. Tuberville introduced the Repealing Big Brother Overreach Act in January 2025. However, the official Congress.gov record lists Tuberville as the sponsor, not Paul, and the bill remained only introduced and referred to committee, so the CTA was not repealed and the formal sponsor/outcome element was not fully delivered.