Bipartisan Senate ‎and House Bills Tackle Abusive Shell Company Practices

Jubilee USA

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.

Via Common Dreams. This piece was reprinted by RINF Alternative News with permission or license.