H.R. 736 aims to change the deadline for when certain companies need to submit their beneficial ownership information. Specifically, the bill amends the current law to require that companies formed or registered before January 1, 2024, must file their reports by January 1,...
Simple Explanation
The H.R. 736 bill changes the date by which certain businesses have to share information about who really owns them, giving them until January 1, 2026, to get it done if they were around before 2024.