Relates to the scope of certain provisions relating to beneficial owners of limited liability companies
Summary
Amends the definitions of the terms "beneficial owner", "reporting company" and "exempt company" to set the scope of certain provisions relating to beneficial owners of limited liability companies; authorizes the department of state to further clarify any such definitions.
Bill status
in committee
1 of 4 stages cleared
Introduction
May 2025
Committee Review
Floor Vote
Governor
Introduced May 23, 2025
Last action Jun 13, 2025
Maddy AI version diff · 1 comparison
What changed between versions
A8662
→
A8662A
·
2 edits
MINOR
The bill was amended to narrow its scope from covering all corporate entities to specifically targeting limited liability companies only. The bill also underwent procedural changes, moving from the Corporations, Authorities and Commissions committee to the Ways and Means committee for further review.
Scope change
The bill's scope was narrowed from applying to corporations, limited liability companies, and other similar entities to applying only to limited liability companies.
SCOPE
Changed the definition of covered entities from corporations, limited liability companies, or other similar entities to specifically limited liability companies only.
PROCEDURAL
Added committee referral information showing the bill was reported from the Corporations, Authorities and Commissions committee and referred to the Committee on Ways and Means.
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
9
Key actions
0
Committee
3
Amendments
2
Jun 6, 2025
Assembly · Referred to committee
REPORTED REFERRED TO RULES
May 28, 2025
Assembly · Amendment adopted
PRINT NUMBER 8662A
May 28, 2025
Assembly · Amendment adopted
AMEND AND RECOMMIT TO WAYS AND MEANS
May 28, 2025
Assembly · Referred to committee
REPORTED REFERRED TO WAYS AND MEANS
May 23, 2025
Assembly · Referred to committee
REFERRED TO CORPORATIONS, AUTHORITIES AND COMMISSIONS
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Emily Gallagher
DDemocratic
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