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United States · Bill · S

S. 2623 (118th)

Protecting Small Business Information Act of 2023

referredUnited States· United States Congress· EN

Introduced

27 July 2023

Last action

Status

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Sponsors

Subjects

Discovery layer

Source updated

14 January 2025

Summary

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).  

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Documents

3 official files

Introduced in Senate (text)

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Sources

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