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NFIB Releases New Radio/Digital Ads in Nevada Urging Lawmakers to Repeal Beneficial Ownership Requirements

NFIB Releases New Radio/Digital Ads in Nevada Urging Lawmakers to Repeal Beneficial Ownership Requirements

December 16, 2024

Failure includes possibility of up to two years in prison and a $10,000 fine

32 million small business owners faced a December 31 deadline to comply

FOR IMMEDIATE RELEASE
Contact: Tray Abney, Nevada State Director, tray@abneytauchen.com
or Tony Malandra, Senior Media Manager, anthony.malandra@nfib.org

CARSON CITY, Nev., Dec. 16, 2024—The nation’s leading small business association today announced the launch of its radio and digital ad campaign urging Congress to overturn the burdensome Beneficial Ownership reporting requirements by passing the Repealing Big Brother Overreach Act.

“December 31st marked the deadline Congress set for more than 32 million small businesses to file private and personal data with a new federal registry or face the possibility of up to two years in prison and a $10,000 fine,” said Tray Abney, state director for NFIB in Nevada. “While this unconstitutional law was recently blocked by a federal court, Congress must make this victory permanent by passing the Repealing Big Brother Overreach Act to protect privacy and relieve small business owners from this dangerous law.”

Listen to the radio ad here.

In a lawsuit filed by NFIB, a federal court issued a preliminary injunction that blocks the U.S. Department of Treasury’s Financial Crimes Enforcement Network (FinCEN) from enforcing the CTA’s Beneficial Ownership reporting requirements. NFIB supports the Repealing Big Brother Overreach Act, legislation that would repeal the CTA permanently and relieve small businesses of the beneficial ownership requirements.

Keep up with the latest Nevada small-business news at www.nfib.com/nevada. Follow us on X @NFIB_NV.

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For 80 years, NFIB has been advocating on behalf of America’s small and independent business owners, both in Washington, D.C., and in all 50 state capitals. NFIB is a nonprofit, nonpartisan, and member-driven association. Since our founding in 1943, NFIB has been exclusively dedicated to small and independent businesses and remains so today. For more information, please visit nfib.com.

NFIB Nevada
Abney Tauchen Group
775-443-5561
Reno, NV
NFIB.com/NV
Twitter: @NFIB_NV

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NFIB is a member-driven organization advocating on behalf of small and independent businesses nationwide.

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