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NFIB Weekly News
NFIB Urges U.S. District Court To Block Burdensome Beneficial Ownership Requirements for Small Businesses (10/09/2024)
WASHINGTON, D.C. (Oct. 9, 2024) – Today, the United States District Court for the Eastern District of Texas will hold its first hearing in the case Texas Top Cop Shop, Inc., et al. v. Garland, et al. NFIB filed the lawsuit challenging the Corporate Transparency Act (CTA) and legality of the beneficial ownership reporting requirements for small businesses. This hearing concerns NFIB’s motion for a preliminary injunction, which seeks to block the reporting requirements from going into effect. The hearing will take place at 10:00 a.m. ET.
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