HR 4035 · 118th Congress · Finance and Financial Sector

Protecting Small Business Information Act of 2023

Introduced 2023-06-12· Sponsored by Rep. McHenry, Patrick T. [R-NC-10]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Financial Services.(2023-06-12)

Plain Language Summary

[AI summary unavailable — showing source text] Protecting Small Business Information Act of 2023 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).…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (20)

1 Democrat19 Republicans