S 3625 · 118th Congress

Protect Small Business and Prevent Illicit Financial Activity Act

<p><b>Protect Small Business and Prevent Illicit Financial Activity Act</b></p> <p>This bill revises the requirements for small U.S. companies to report certain beneficial ownership information that take effect on January 1, 2024. Beneficial ownership information includes the identity of an individual behind a corp…

Sponsor

Scott, Tim (R-SC)

Introduced

2024-01-18

Policy area

Commerce

Latest action

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.