The Supreme Court has made its final ruling on the nationwide injunction against the Corporate Transparency Act.
That act includes reporting requirements designed to curb money laundering and fraud, but it has been widely criticized.
Justices will allow the government to enforce the CTA, ultimately lifting the nationwide injunction. However, a separate nationwide order issued by a Texas judge still remains in place. This means an estimated 230,000 farming operations are not yet required to submit their beneficial ownership information.
The act is still being reviewed by the Appeals Court, with oral arguments scheduled for March.
Related Stories
Join the conversation on RURAL AMERICA LIVE — Tonight at 7:30 PM ET, only on RFD-TV.
Export Inspections In Bushels Show Mixed Momentum Patterns
U.S. Farmers Face Shifting Harvest Pace, Basis, and Input Costs
A new proposal from the Federal Aviation Administration (FAA) could transform how farmers use drones, allowing commercial operators to fly beyond their visual line of sight.
“USDA can no longer keep wasting its time and personnel to deploy Commissioner Miller’s infamous traps, which USDA has deployed, tested, and has proven ineffective.”
Founder Venessa Wood joins us now for a sneak peek of Ag Women Connect’s upcoming Red, White & Blue Gala.