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H. Rept. 116-247 1 (2019-10-21)

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U.S. GOVERNMENT
INFORMATION
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                   116TH CONGRESS                                    REPORT
                     1st Session   HOUSE OF REPRESENTATIVES          116-247




                  PROVIDING FOR CONSIDERATION OF THE BILL (H.R. 2513) TO ENSURE
                    THAT PERSONS WHO FORM CORPORATIONS OR LIMITED LIABILITY
                    COMPANIES IN THE UNITED STATES DISCLOSE THE BENEFICIAL OWN-
                    ERS OF THOSE CORPORATIONS OR LIMITED LIABILITY COMPANIES, IN
                    ORDER TO PREVENT WRONGDOERS FROM EXPLOITING UNITED STATES
                    CORPORATIONS AND LIMITED LIABILITY COMPANIES FOR CRIMINAL
                    GAIN, TO ASSIST LAW ENFORCEMENT IN DETECTING, PREVENTING,
                    AND PUNISHING TERRORISM, MONEY LAUNDERING, AND OTHER MIS-
                    CONDUCT INVOLVING UNITED STATES CORPORATIONS AND LIMITED LI-
                    ABILITY COMPANIES, AND FOR OTHER PURPOSES


                    OCTOBER 21, 2019.-Referred to the House Calendar and ordered to be printed


                           Mr. PERLMUTTER, from the Committee on Rules,
                                      submitted the following

                                         REPORT

                                       [To accompany H. Res. 646]
                    The Committee on Rules, having had under consideration House
                  Resolution 646, by a record vote of 9 to 4, report the same to the
                  House with the recommendation that the resolution be adopted.
                             SUMMARY OF PROVISIONS OF THE RESOLUTION
                    The resolution provides for consideration of H.R. 2513, the Cor-
                  porate Transparency Act of 2019, under a structured rule. The res-
                  olution provides one hour of general debate on the bill equally di-
                  vided and controlled by the chair and ranking minority member of
                  the Committee on Financial Services. The resolution waives all
                  points of order against consideration of the bill. The resolution pro-
                  vides that the amendment in the nature of a substitute rec-
                  ommended by the Committee on Financial Services now printed in
                  the bill, modified by the amendment printed in Part A of this re-
                  port, shall be considered as adopted and the bill as amended shall
                  be considered as read. The resolution waives all points of order
                  against provisions in H.R. 2513, as amended. The resolution makes
                  in order only those amendments printed in Part B of this report.
                  Each such amendment may be offered only in the order printed in
                  this report, may be offered only by a Member designated in this re-
                  port, shall be considered as read, shall be debatable for the time
                  specified in this report equally divided and controlled by the pro-
                  ponent and an opponent, shall not be subject to amendment, and
                  shall not be subject to a demand for division of the question in the
                      *99-008

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