S. 4419: A bill to amend title 31, United States Code, to require only foreign entities to report beneficial ownership information, and for other purposes.
S. 4419 is a federal bill in the 119th Congress. Currently, both domestic and foreign corporations and limited liability companies operating in the United States must report their beneficial owners, meaning the real human beings who own or control them, to the Financial Crimes Enforcement Network. Under… See its sponsors, how members voted, and a plain-English breakdown on PolityLens.
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