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Bipartisan Senate and House Bills Tackle Abusive Shell Company Practices
international |
politics / elections |
press release
Thursday August 03, 2017 21:22 by Abby Wilhelm - Jubilee USA Network
Religious Development Group Welcomes Transparency Legislation Senator Marco Rubio (R-FL) and Senator Ron Wyden (D-OR) introduced the Corporate Transparency Act. Senator Marco Rubio (R-FL) and Senator Ron Wyden (D-OR) introduced the Corporate Transparency Act. The bill requires corporations to register the identities of the owners who benefit from the business. The information is then available for law enforcement to identify those who are responsible for crime and corruption. Representatives Carolyn Maloney (D-NY) and Peter King (R-NY) introduced companion legislation in the House in June. |