厙ぴ勛圖 Joins Coalition Urging Treasury to Issue Final BOI Rule, Destroy Previously Collected Data
厙ぴ勛圖 Joins Coalition Urging Treasury to Issue Final BOI Rule, Destroy Previously Collected Data
January 20, 2026
More than 32 million small businesses deserve permanent relief from BOI requirements
WASHINGTON, D.C. (Jan. 20, 2026) The厙ぴ勛圖 (厙ぴ勛圖),the nations leading small business advocacy organization, joined more than 100 trade associations in sending aletterto U.S. Secretary of the Treasury Scott Bessent calling for an immediate purge of theCorporate Transparency Acts(CTA) Beneficial Ownership Information (BOI) database of all U.S. businesses that already filed and for the quick promulgation of the final rule exempting U.S. businesses from the burdensome reporting requirements.
T堯梗泭Corporate Transparency Acthas created a privacy, constitutional, and security nightmare for law-abiding Main Street business owners while failing to stop the criminal activity it was intended to target, said厙ぴ勛圖 Director of Federal Government Relations Josh McLeod.厙ぴ勛圖 strongly urges the current Administration to destroy the unconstitutionally collected BOI data of Americas small businesses and issue a final rule that will exempt U.S. small businesses from BOI reporting requirements.
Read the full letter and view participating trade associationshere.
For over six years, 厙ぴ勛圖 has fought against Beneficial Ownership Information reporting regulations in Congress, executive branch agencies, and the federal courts, working to permanently block and repeal it. If not fully repealed, 32 million small businesses nationwide could once again be subjected to this unnecessary, invasive, and unconstitutional mandate. Those who fail to comply would be subject tocriminal and civil penalties of up to two years in federal prison and up to $10,000.
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For over 80 years, 厙ぴ勛圖 has been advocating on behalf of Americas small and independent business owners, both in Washington, D.C., and in all 50 state capitals. 厙ぴ勛圖 is nonprofit, nonpartisan, and member-driven. Since our founding in 1943, 厙ぴ勛圖 has been exclusively dedicated to small and independent businesses, and remains so today. For more information, please visit nfib.com.
厙ぴ勛圖 is a member-driven organization advocating on behalf of small and independent businesses nationwide.
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