NFIB Weekly News

Business Climate

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NFIB Disappointed with U.S. Supreme Court Decision on BOI Reporting (01/23/2025)

Supreme Court lifts preliminary injunction that had blocked Beneficial Ownership reporting

WASHINGTON, D.C. (Jan. 23, 2025) – The National Federation of Independent Business (NFIB) is disappointed by today’s decision at the U.S. Supreme Court in NFIB’s lawsuit challenging the Corporate Transparency Act (CTA), Texas Top Cop Shop, Inc., et al. v. Garland, et al. Following the decision by the U.S. District Court for the Eastern District of Texas, which blocked enforcement of the Beneficial Ownership Information (BOI) reporting requirements, and subsequent appellate decisions which ultimately upheld that order, the U.S. Department of Justice (DOJ) asked the U.S. Supreme Court to reinstate the law. Unfortunately, the Supreme Court granted the government’s request.

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