U.S. Sen. Tommy Tuberville (R-Auburn) will reintroduce his Repealing Big Brothers Overreach Act in the Senate in the 119th Congress.
Corporate Transparency Act financial disclosure requirements were delayed indefinitely again by the U.S. Court of Appeals for the Fifth Circuit on Thursday.
Most Alabama small business owners will once again be required to share ownership information about their companies or risk being subject to civil and criminal financial penalties or imprisonment due to a recent appeals court ruling on Monday.
Alabama small businesses and nonprofits are no longer required to share ownership information about their companies or risk being subject to civil and criminal financial penalties or imprisonment under a new federal law after a federal judge in Texas on Tuesday placed a nationwide preliminary injunction on the new law.
Tuberville has introduced the "Repealing Big Brother Overreach Act" to overturn a new federal rule that could bring criminal penalties to millions of business folks.
A U.S. District Court of the Northern District of Alabama Judge in Huntsville granted summary judgment to the National Small Business Administration (NSBA) in its challenge of the constitutionality of the Corporate Transparency Act (CTA) recently.