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Search Results: keywords:"corporate transparency act"

  • 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.

  • S. 4297 seeks to repeal the Corporate Transparency Act, which was part of the William M. (Mac) Thornberry National Defense Authorization Act for Fiscal Year 2021. This bill proposes removing all changes brought about by the Corporate Transparency Act, including specific...

    Simple Explanation

    S. 4297 wants to cancel a law that helps keep track of companies to make sure they aren’t hiding bad stuff like money for bad guys. It’s like deciding not to make kids keep their rooms clean, which might seem fun, but could also lead to messy problems!