Tuberville Introduces Legislation to Repeal Corporate Transparency Act, Protect Small Businesses
May 09, 2024
May 09, 2024
WASHINGTON, May 9 -- Sen. Tommy Tuberville, R-Alabama, issued the following news release:
Senator Tommy Tuberville (R-AL) introduced legislation to repeal the Corporate Transparency Act (CTA) and protect small businesses. Signed into law as part of the Fiscal Year 2021 National Defense Authorization Act (NDAA), the CTA requires individuals with an ownership interest in a limited liability company (LLC) to disclose personal data with the U.S. Treasury Department's Financial Crim . . .
Senator Tommy Tuberville (R-AL) introduced legislation to repeal the Corporate Transparency Act (CTA) and protect small businesses. Signed into law as part of the Fiscal Year 2021 National Defense Authorization Act (NDAA), the CTA requires individuals with an ownership interest in a limited liability company (LLC) to disclose personal data with the U.S. Treasury Department's Financial Crim . . .