Burgess (R-TX) – Amendment No. 1 - Requires an annual report to Congress of anonymized data on the number of beneficial owners per reporting corporation or LLC, the industry of each reporting corporation or LLC, and the location of the beneficial owners
Maloney, Carolyn (D-NY) – Amendment No. 4 - Ensures FinCEN may use the information obtained by this bill to notify industry and the public about criminal trends, while maintaining safeguards on personal privacy
Davidson (R-OH) – Amendment No. 5 - Strikes the bill’s reporting mandate on small businesses, terminates the Customer Due Diligence Rule, and requires Treasury to conduct a study about all existing federal information databases available to law enforcement to discern the beneficial ownership of companies