118th Congress · HOUSE BILLBILL

H.R. 4035Protecting Small Business Information Act of 2023

To require the Secretary of the Treasury to harmonize the effective dates of all rules required under the Corporate Transparency Act, and for other purposes.

Finance and financial sector
Introduced Jun 12, 2023
Last action Jun 12, 2023
Pipeline · Bill → Law
Step 1
Introduced
Jun 12, 2023
Step 2
Referred
Jun 12, 2023
Financial Services
Step 3
Committee
Step 4
House floor
Step 5
Senate
Step 6
Resolve Changes
Step 7
Signed
SummaryCRS Summary

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).

Provisions · 2 sectionsIntroduced in House
Timeline · 2 actions
Jun 12, 2023
Introduced in House
Jun 12, 2023
Referred to the House Committee on Financial Services.