End BOI / Beneficial Ownership Information / FINCEN

I propose that the following # policy proposals, about {Ending BOI / Beneficial Ownership Information / FINCEN}, get merged:

1

Written by @LaFever
{Repeal the Corporate Transparency Act of 2021/FinCEN Beneficial Ownership Reporting Repeal Act}

2

Written by @royalmayna
{End FINCEN BOI - Small Biz Overreach}

3

Written by @jbpaul2000
{END Beneficial Ownership Information Reporting}

4

Written by @muherdone
{Repeal Beneficial Ownership Information Reporting}

5

Written by @Netcommand
{Eliminate the FinCen mandate for small businesses}

6

Written by @Kristi_Sharp
{Abolish BOI - Beneficial Owners Information Under the Corporation Transparency Act}

Explanation & Justification

Please merge all policy proposals. I suggest the parent proposal be LaFever’s “Repeal the Corporate Transparency Act…” since it has the most votes. Many small business owners are not aware of this requirement and fines are outrageous if not reported by 1/1/2025. The BOI is more unnecessary big brother government overreach. Appreciate your consideration. Thank you.

3 Likes

I support doing whatever has the greatest impact on getting this bill overturned/repealed/eliminated.

4 Likes

I agree but really believe Treasury has no right to this information in the first place and that the entire FinCEN branch should be disbanded immediately.

1 Like