This bill would eliminate the Corporate Transparency Act, which requires companies to reveal their owners. It seeks to lessen government control over business operations.
Repealing Big Brother Overreach Act This bill repeals the Corporate Transparency Act. The act requires existing companies and newly created companies to report beneficial ownership information to the Department of the Treasury’s Financial Crimes Enforcement Network for purposes of addressing the financing of terrorism and money laundering.
Last changed 2 months ago · checked hourly