IT Legislation

115th Congress (2017–2018)

The FACT Coalition supports bipartisan legislation to curb the abuse of anonymous shell companies.

Corporate Transparency Act of 2017 (H.R.3089/S.1717)

The Corporate Transparency Act is sponsored by Reps. Carolyn Maloney (D-NY) and Peter King (R-NY) in the House (H.R.3089) and by Sens. Ron Wyden (D-OR) and Marco Rubio (R-FL) in the Senate (S.1717).

H.R. 3089/S.1717 Is Supported by the Following:
FACT and Partners:
Business Community:

Financial Institutions:

Investors:

Large Businesses:

Small Businesses:

Law Enforcement Organizations:

True Incorporation Transparency for Law Enforcement (S.1454 (S.1454)

The TITLE ACT (S.1454) is sponsored by Sens. Sheldon Whitehouse (D-RI) and Charles Grassley (R-IA).

Letters of Support for S. 1454
FACT and Partners:
Business Community:

Financial Institutions:

  • The Clearing House (representing the nation’s largest commercial banks).
  • Credit Union National Association (CUNA)
  • Independent Community Bankers of America (ICBA)
  • National Association of Federally-Insured Credit Unions (NAFCU).

Investors:

Large Businesses:

Small Businesses:

Law Enforcement Organizations:

114th Congress (2015–2016)

The FACT Coalition supports bipartisan legislation to curb the abuse of anonymous shell companies.

House:

Letters of Support for H.R. 4450
FACT and Partners:
Banking Sector:
Investors:
Law Enforcement Organizations:
Small Businesses:

Senate:

Letters of Support for S. 2489
FACT and Partners:
Banking Sector:
Investors:
Law Enforcement Organizations:
Small Businesses: