H. R. 8147 seeks to repeal the Corporate Transparency Act, which was originally part of the William M. (Mac) Thornberry National Defense Authorization Act for Fiscal Year 2021. The bill, introduced by Mr. Davidson and others, calls for the removal of amendments made by the...
Simple Explanation
H.R. 8147 is a proposal to cancel a rule that was made to help people see who owns big companies, so it might make it harder to catch bad guys hiding their money.