United States · Bill · HR
H.R. 2513 (116th)
Corporate Transparency Act of 2019
Introduced
3 May 2019
Last action
23 October 2019 · Introduced
Status
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Sponsors
Rep. Maloney, Carolyn B. [D-NY-12], Rep. King, Peter T. [R-NY-2], Rep. Malinowski, Tom [D-NJ-7], Rep. Beyer, Donald S. [D-VA-8], Rep. Cooper, Jim [D-TN-5], Rep. Hastings, Alcee L. [D-FL-20], Rep. Meeks, Gregory W. [D-NY-5], Rep. Cleaver, Emanuel [D-MO-5], Rep. Kaptur, Marcy [D-OH-9], Sen. Blunt Rochester, Lisa [D-DE], Rep. Sherman, Brad [D-CA-32]
Subjects
Discovery layer
Source updated
10 January 2026
Summary
Corporate Transparency Act of 2019 This bill requires certain new and existing small corporations and limited liability companies to disclose information about their beneficial owners. A beneficial owner is an individual who (1) exercises substantial control over a corporation or limited liability company, (2) owns 25% or more of the interest in a corporation or limited liability company, or (3) receives substantial economic benefits from the assets of a corporation or limited liability company. Specifically, if certain entities apply to form a corporation or limited liability company, they must file beneficial ownership information with the Financial Crimes Enforcement Network (FinCEN). Furthermore, certain existing corporations and limited liability companies must file this information with FinCEN two years after the implementation of final regulations required under this bill. The bill imposes a civil penalty and authorizes criminal penalties—a fine, a prison term for up to three years, or both—for providing false or fraudulent beneficial ownership information or for willfully failing to provide complete or updated beneficial ownership information. The Government Accountability Office must study and report on (1) the availability of beneficial ownership information for other legal entities (e.g., partnerships), and (2) the effectiveness of incorporation practices implemented under this bill.
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
3 May 2019
Introduced
Referred to the House Committee on Financial Services.
Source: IntroReferral
3 May 2019
Introduced
Introduced in House
Source: IntroReferral
3 May 2019
Introduced
Introduced in House
Source: IntroReferral
11 June 2019
Vote
Ordered to be Reported (Amended) by the Yeas and Nays: 43 - 16.
Source: Committee
11 June 2019
Committee
Committee Consideration and Mark-up Session Held.
Source: Committee
8 October 2019
Calendars
Placed on the Union Calendar, Calendar No. 180.
Source: Calendars
8 October 2019
Reported
Reported (Amended) by the Committee on Financial Services. H. Rept. 116-227.
Source: Committee
8 October 2019
Reported
Reported (Amended) by the Committee on Financial Services. H. Rept. 116-227.
Source: Committee
21 October 2019
Reported
Rules Committee Resolution H. Res. 646 Reported to House. Rule provides for consideration of H.R. 2513 with 1 hour of general debate. Motion to recommit with or without instructions allowed. Measure will be considered read. Specified amendments are in order.
Source: Floor
22 October 2019
Passed
Motion to reconsider laid on the table Agreed to without objection.
Source: Floor
22 October 2019
Vote
On passage Passed by the Yeas and Nays: 249 - 173 (Roll no. 577).
Source: Floor
22 October 2019
Vote
Passed/agreed to in House: On passage Passed by the Yeas and Nays: 249 - 173 (Roll no. 577).
Source: Floor
22 October 2019
Vote
On motion to recommit with instructions Failed by recorded vote: 197 - 224 (Roll no. 576).
Source: Floor
22 October 2019
Floor
The previous question on the motion to recommit with instructions was ordered without objection.
Source: Floor
22 October 2019
Floor
Mr. Davidson (OH) moved to recommit with instructions to the Committee on Financial Services. (text: CR H8368)
Source: Floor
22 October 2019
Passed
The House adopted the amendments en gross as agreed to by the Committee of the Whole House on the state of the Union.
Source: Floor
22 October 2019
Floor
The House rose from the Committee of the Whole House on the state of the Union to report H.R. 2513.
Source: Floor
22 October 2019
Floor
The House resolved into Committee of the Whole House on the state of the Union for further consideration.
Source: Floor
22 October 2019
Floor
Committee of the Whole House on the state of the Union rises leaving H.R. 2513 as unfinished business.
Source: Floor
22 October 2019
Passed
On motion that the Committee rise Agreed to by voice vote.
Source: Floor
22 October 2019
Floor
Ms. Waters moved that the Committee rise.
Source: Floor
22 October 2019
Floor
Rule provides for consideration of H.R. 2513 with 1 hour of general debate. Motion to recommit with or without instructions allowed. Measure will be considered read. Specified amendments are in order.
Source: Floor
22 October 2019
Floor
The Speaker designated the Honorable Lauren Underwood to act as Chairwoman of the Committee.
Source: Floor
22 October 2019
Floor
House resolved itself into the Committee of the Whole House on the state of the Union pursuant to H. Res. 646 and Rule XVIII.
Source: Floor
22 October 2019
Floor
Considered under the provisions of rule H. Res. 646. (consideration: CR H8316-8339)
Source: Floor
22 October 2019
Passed
Rule H. Res. 646 passed House.
Source: Floor
23 October 2019
Introduced
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Source: IntroReferral
Votes
22 October 2019 · passed · On Passage · Passed · Official source
Yes 249 · No 173 · Abstain — · Absent/not voting 9
- Rep. Ferguson, A. Drew, IV [R-GA-3]Nay
- Rep. McEachin, A. Donald [D-VA-4]Not Voting
- Rep. Hastings, Alcee L. [D-FL-20]Yea
- Rep. Finkenauer, Abby [D-IA-1]Yea
Showing the first 4 recorded positions. Vote totals above are complete.
22 October 2019 · failed · On Motion to Recommit with Instructions · Failed · Official source
Yes 197 · No 224 · Abstain — · Absent/not voting 10
- Rep. Ferguson, A. Drew, IV [R-GA-3]Aye
- Rep. McEachin, A. Donald [D-VA-4]Not Voting
- Rep. Hastings, Alcee L. [D-FL-20]No
- Rep. Finkenauer, Abby [D-IA-1]No
Showing the first 4 recorded positions. Vote totals above are complete.
Versions
- Referred in Senate · 23 October 2019 · Download file
- Engrossed in House · 22 October 2019 · Download file
- Reported in House · 8 October 2019 · Download file
- Introduced in House · 3 May 2019 · Download file
Documents
11 official files
Referred in Senate (text)
This file cannot be previewed here. Use View or Download.
Leesvertaling
Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.
Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.
Referred in Senate (text)
Referred in Senate · EN · 23 October 2019
Referred in Senate (PDF)
Referred in Senate · EN · 23 October 2019
ViewDownloadOpen at official source
Leesvertaling
Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.
Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.
Engrossed in House (text)
Engrossed in House · EN · 22 October 2019
ViewDownloadOpen at official source
Leesvertaling
Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.
Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.
Engrossed in House (PDF)
Engrossed in House · EN · 22 October 2019
ViewDownloadOpen at official source
Leesvertaling
Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.
Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.
Passed House
summary · EN · 22 October 2019
Leesvertaling
Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.
Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.
Reported in House (text)
Reported in House · EN · 8 October 2019
ViewDownloadOpen at official source
Leesvertaling
Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.
Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.
Reported in House (PDF)
Reported in House · EN · 8 October 2019
ViewDownloadOpen at official source
Leesvertaling
Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.
Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.
Reported to House
summary · EN · 8 October 2019
Leesvertaling
Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.
Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.
Introduced in House (text)
Introduced in House · EN · 3 May 2019
ViewDownloadOpen at official source
Leesvertaling
Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.
Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.
Introduced in House (PDF)
Introduced in House · EN · 3 May 2019
ViewDownloadOpen at official source
Leesvertaling
Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.
Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.
Introduced in House
summary · EN · 3 May 2019
Leesvertaling
Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.
Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.
Sponsors
- Rep. Maloney, Carolyn B. [D-NY-12] · D · Sponsor
- Rep. King, Peter T. [R-NY-2] · R · Sponsor
- Rep. Malinowski, Tom [D-NJ-7] · D · Sponsor
- Rep. Beyer, Donald S. [D-VA-8] · D · Cosponsor
- Rep. Cooper, Jim [D-TN-5] · D · Cosponsor
- Rep. Hastings, Alcee L. [D-FL-20] · D · Cosponsor
- Rep. Meeks, Gregory W. [D-NY-5] · D · Cosponsor
- Rep. Cleaver, Emanuel [D-MO-5] · D · Cosponsor
- Rep. Kaptur, Marcy [D-OH-9] · D · Cosponsor
- Sen. Blunt Rochester, Lisa [D-DE] · D · Cosponsor
- Rep. Sherman, Brad [D-CA-32] · D · Cosponsor
- · ssbk00 · Standing
- · hsba00 · Standing
Related records
- related to → Advancing Innovation to Assist Law Enforcement Act
- related to → To streamline requirements for currency transaction reports and suspicious activity reports, and for other purposes.
- related to ← Coordinating Oversight, Upgrading and Innovating Technology, and Examiner Reform Act of 2019
- related to ← Corporate Transparency Act of 2019
- related to ← Fight Illicit Finance through Technical Assistance Act of 2019
- related to ← Providing for consideration of the bill (H.R. 2513) to ensure that persons who form corporations or limited liability companies in the United States disclose the beneficial owners of those corporations or limited liability companies, in order to prevent wrongdoers from exploiting United States corporations and limited liability companies for criminal gain, to assist law enforcement in detecting, preventing, and punishing terrorism, money laundering, and other misconduct involving United States corporations and limited liability companies, and for other purposes.
- amends ← Amendment requires an annual report to Congress of anonymized data on the number of beneficial owners per reporting corporation or LLC, the industry of each reporting corporation or LLC, and the location of the beneficial owners.
- amends ← An amendment numbered 2 printed in Part B of House Report 116-247 to require FinCEN to develop a regime by which entities may gain access to the beneficial ownership database. Amendment also requires FinCEN to report to Congress annually on: he number of times law enforcement, banks, or other third parties have accessed the beneficial ownership database; the number of times the database was inappropriately accessed; and the number of subpoenas obtained to gain access to the database.
- amends ← An amendment numbered 3 printed in Part B of House Report 116-247 to add refresher training no less than every 2 years for local, Tribal, State, or Federal law enforcement agencies who have access to beneficial ownership information to ensure the privacy of beneficial owners.
- amends ← An amendment numbered 4 printed in Part B of House Report 116-247 to ensure FinCEN may use the information obtained by this bill to notify industry and the public about criminal trends, while maintaining safeguards on personal privacy.
Showing 10 of 11 related records.
Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/116th-congress/house-bill/2513
- Open data entity: https://api.congress.gov/v3/bill/116/hr/2513
- us · 116-hr-2513 · source updated 10 January 2026