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Bill > HRes646
US HRes646
US HRes646Providing for consideration of the bill (H.B. 2513) to ensure that persons who form corporations or limited liability companies in the United States disclose the beneficial owners of those corporations or limited liability companies, in order to prevent wrongdoers from exploiting United States corporations and limited liability companies for criminal gain, to assist law enforcement in detecting, preventing, and punishing terrorism, money laundering, and other misconduct involving United States c
summary
Introduced
10/21/2019
10/21/2019
In Committee
Crossed Over
Passed
Dead
12/31/2020
12/31/2020
Introduced Session
116th Congress
Bill Summary
Providing for consideration of the bill (H.B. 2513) to ensure that persons who form corporations or limited liability companies in the United States disclose the beneficial owners of those corporations or limited liability companies, in order to prevent wrongdoers from exploiting United States corporations and limited liability companies for criminal gain, to assist law enforcement in detecting, preventing, and punishing terrorism, money laundering, and other misconduct involving United States corporations and limited liability companies, and for other purposes. This resolution sets forth the rule for consideration of H.B. 2513 (Corporate Transparency Act of 2019).
AI Summary
This Resolution sets the rules for considering a bill, H.B. 2513, also known as the Corporate Transparency Act, which aims to require individuals forming corporations or limited liability companies (LLCs) in the U.S. to disclose their "beneficial owners" – the individuals who ultimately own or control these entities. The purpose of this disclosure is to prevent criminals from using U.S. businesses for illegal activities like terrorism and money laundering, and to help law enforcement track down wrongdoers. The resolution outlines a specific process for debating and amending the bill, waiving certain procedural objections, and limiting further amendments to those specifically listed in a accompanying report, ensuring a structured path for the bill's consideration and potential passage.
Sponsors (1)
Last Action
Motion to reconsider laid on the table Agreed to without objection. (on 10/22/2019)
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bill summary
| Document Type | Source Location | Created |
|---|---|---|
| State Bill Page | https://www.congress.gov/bill/116th-congress/house-resolution/646/all-info | 10/22/2019 |
| BillText | https://www.congress.gov/116/bills/hres646/BILLS-116hres646eh.pdf | 10/25/2019 |
| Bill | https://www.congress.gov/116/bills/hres646/BILLS-116hres646eh.pdf.pdf | 10/25/2019 |
| BillText | https://www.congress.gov/116/bills/hres646/BILLS-116hres646rh.pdf | 10/22/2019 |
| Bill | https://www.congress.gov/116/bills/hres646/BILLS-116hres646rh.pdf.pdf | 10/22/2019 |
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