Nationwide, beneficial ownership reporting requirements are on hold for U.S. small businesses, but in New York, state lawmakers are doubling down with a state-level requirement to force small businesses to register personally identifiable information with the New York Department of State. NFIB State Region Director, Greg Biryla, and NFIB Director of Federal Government Relations, Josh McLeod, discuss the impact of the bill heading to Governor Kathy Hochul’s desk and what small business owners ...

Small Business Rundown

National Federation of Independent Business (NFIB)

Ep. 75: Beneficial Ownership Update in New York & Nationwide

NOV 25, 202518 MIN
Small Business Rundown

Ep. 75: Beneficial Ownership Update in New York & Nationwide

NOV 25, 202518 MIN

Description

Nationwide, beneficial ownership reporting requirements are on hold for U.S. small businesses, but in New York, state lawmakers are doubling down with a state-level requirement to force small businesses to register personally identifiable information with the New York Department of State. NFIB State Region Director, Greg Biryla, and NFIB Director of Federal Government Relations, Josh McLeod, discuss the impact of the bill heading to Governor Kathy Hochul’s desk and what small business owners can do to fight back.  Tell Governor Hochul to veto this invasive legislation. Learn more about the reporting requirement in New York. Tell Congress to repeal the federal Beneficial Ownership reporting requirement. Please rate, review, or like the Small Business Rundown to support small business issues.