Protecting Small Business Information Act of 2023
- Last Action
- 7/27/2023
Actions
- 2023-07-27Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- 2023-07-27Introduced in Senate
CRS Summary
As of 2023-07-27 (00)
Protecting Small Business Information Act of 2023
This bill requires the Department of the Treasury to ensure all rules issued under the Corporate Transparency Act have the same effective date. Any final rules already issued must not take effect until all final rules under the act have been issued. The act requires companies to report beneficial ownership information (i.e., the identity of individuals behind a corporate entity) to the Financial Crimes Enforcement Network (FinCEN).
Cosponsors (4)
- Thomas Tillis (R-NC)
- Rick Scott (R-FL)
- Dan Sullivan (R-AK)
- Bill Hagerty (R-TN)
Sourced from Congress.gov (public domain).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.