To amend section 5336 of title 31, United States Code, to provide existing small businesses with an additional year to file beneficial ownership information, and for other purposes.
HR 9278 extends the deadline for small businesses to file beneficial ownership information with FinCEN. It amends U.S. Code Section 5336 to give small business concerns (as defined in the Small Business Act) until December 31, 2025, to submit required ownership details. This change applies directly to small businesses already subject to the reporting rules under the Corporate Transparency Act. The bill provides a one-year extension from the original deadline, allowing these businesses additional time to comply with the filing requirement.
Bill status
in committee
1 of 4 stages cleared
Introduction
Aug 2024
Committee Review
Floor Vote
President
Introduced Aug 2, 2024
Last action Aug 2, 2024
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Full legislative history
Actions timeline
Total actions
2
Key actions
0
Committee
1
Aug 2, 2024
Committee
Referred to the House Committee on Financial Services.
lower
Aug 2, 2024
Introduced
Introduced in House
lower
1 primary · 6 co-sponsors
Sponsors
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