S 5631 · 118th Congress · Finance and Financial Sector
Ownership Clarity Act
Bill Progress
✓
Introduced2
Committee3
Senate Vote4
House5
EnactedLatest: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.(2024-12-19)
Plain Language Summary
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[Congressional Bills 118th Congress] [From the U.S. Government Publishing Office] [S. 5631 Introduced in Senate (IS)] <DOC> 118th CONGRESS 2d Session S. 5631 To amend title 31, United States Code, to provide for access to certain beneficial ownership information. _______________________________________________________________________ IN THE SENATE OF THE UNITED STATES December 19 (legislative day, December 16), 2024 Mr. Daines (for himself and Mr. Van Hollen) introduced the following bill; which was read twice and referred to the Committee on Banking, Housing, and Urban Affairs _______________________________________________________________________ A BILL To amend title 31, United States Code, to provide for access to certain beneficial ownership information. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Ownership Clarity Act''. SEC. 2. ACCESS TO BENEFICIAL OWNERSHIP INFORMATION. Section 5336 of title 31, United States Code, is amended-- (1) by redesignating subsection (j) as subsection (k); and (2) by inserting after subsection (i) the following: ``(j) Acc…
Summarized by Claude AI · Non-partisan · For informational purposes only